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This introduction to one of the key areas of behavioural economics - social preferences - explains in clear, nontechnical language how particular groups of experiments have been used by behavioural economists to shed light on the processes of economic decision making. These include bargaining...
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An introdution to one of the key areas of behavioural economics - social preferences - which explains in clear, untechnical language how experimental research in this area has provided economists with much greater understanding of economic behaviour.
Persistent link: https://www.econbiz.de/10013485696
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We use a laboratory experiment to understand the channels through which honesty oaths can affect behavior and …
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Oligopolexperimente -- Deviations from Equilibrium in an Experiment on Signaling Games: First Results -- Strategy Choice and Network … his contributions to game theory are well-known, the behavioral side of his scientific work has received less public …
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We report an experiment on a decision task by SAMUELSON and BAZERMAN (1985). Subjects submit a bid for an item with an … unknown value. A winner s curse phenomenon arises when subjects bid too high and make losses. Learning direction theory can … account for this. However, other influences on behaviour can also be identified. We introduce impulse balance theory to make …
Persistent link: https://www.econbiz.de/10011539130