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The Origin of the Winner’s Curse: A Laboratory Study
Charness, Gary B; Levin, Dan - Department of Economics, University of California-Santa … - 2007
The Winner’s Curse (WC) is one of the most robust and persistent deviations fromtheoretical predictions that has been established in experimental economics and claimed to exist in many field environments. There have been many attempts to explain the winner’s curse, such as ignoring...
Persistent link: https://www.econbiz.de/10011131668
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Informal Risk Sharing in an Infinite-horizon Experiment
Charness, Gary B; Genicot, Garance - Department of Economics, University of California-Santa … - 2008
This paper presents the first laboratory study of risk-sharing without commitment. Our experiment captures the main … for the shape of the constrained optimal risk-sharing arrangement. In our experiment, participants are matched in pairs …-horizon and discounting in the model. Second, at the end of the experiment, a single period is randomly drawn to count for cash …
Persistent link: https://www.econbiz.de/10011131669
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SELF-SERVING BIASES: EVIDENCE FROM A SIMULATED LABOUR RELATIONSHIP
Charness, Gary B; Haruvy, Ernan - Department of Economics, University of California-Santa … - 1999
from a laboratory experiment indicates these views differ significantly between participant “employers†and participant …
Persistent link: https://www.econbiz.de/10011131676
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Expressed Preferences and Behavior in Experimental Games
Charness, Gary B; Rabin, Matthew - Department of Economics, University of California-Santa … - 2004
Participants in experimental games typically can only choose actions, without making comments about other participants’ future actions. In sequential two-person games, we allow first movers to express a preference between responder choices. We find that responder behavior differs...
Persistent link: https://www.econbiz.de/10011131678
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The Relevance of Heterogeneity in a Congested Route Network with Tolls: An Analysis of Two Experiments Using Actual Waiting Times and Monetized Time Costs
Hartman, John Lawrence - Department of Economics, University of California-Santa … - 2007
more subjects travel on it. In the first experiment, values of time are assigned to subjects. Subjects generally sort …, coordination problems diminish as value-of-time heterogeneity increases. The second experiment simulates a boring commute in which … experiment by traveling on the toll route. In this experiment, some subjects travel the toll route frequently, giving up some of …
Persistent link: https://www.econbiz.de/10011131681
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The Dark Side of Competition for Status
Charness, Gary; Masclet, David; Villeval, Marie Claire - Department of Economics, University of California-Santa … - 2012
Unethical behavior within companies is not rare. We investigate experimentally therole of status-seeking behavior in sabotage and cheating activities aiming at improving one’sperformance ranking in a flat-wage environment. We find that average effort is higher whenindividuals are informed...
Persistent link: https://www.econbiz.de/10011131682
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The Road to Hell: An Experimental Study of Intentions
Charness, Gary; Levine, David I. - Department of Economics, University of California-Santa … - 2003
Do people care about intentions? Good intentions often do not produce good results when a person tries to do something nice for someone else. In this paper, we ask under what circumstances do people pay attention to outcomes and under what circumstances do they focus on intentions. While the...
Persistent link: https://www.econbiz.de/10011131684
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Efficiency, Team building, and Spillover in a Public-goods Game
Charness, Gary - Department of Economics, University of California-Santa … - 2012
The notions of one’s social identity, group membership, and homophily have recentlybecome topics for economic theory and experiments. Yet, since people are members of manygroups (e.g., race, gender, handedness) what determines which identity or identities are the mostsalient in different...
Persistent link: https://www.econbiz.de/10011131685
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Risk Preference, Discount Rate and Purchase of Energy-Efficient Technologies in the Residential Sector
Qiu, Yueming; Colson, Gregory; Grebitus, Carola - Agricultural and Applied Economics Association - AAEA - 2013
Please do not cite without the authors' permission.
Persistent link: https://www.econbiz.de/10011070066
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Does being Elected Increase Subjective Entitlements? Evidence from the Laboratory
Weiss, Arne Robert; Wolff, Irenaeus - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2013
In Geng, Weiss, and Woff (2011), we pointed to the possibility that a voting mechanism may create or strengthen an entitlement effect in political-power holders relative to a random-appointment mechanism. This comment documents that such an effect, if it exists, is not robust.
Persistent link: https://www.econbiz.de/10011070844