and selling valuations – are eroded when respondents participate in repeated markets. We report an experiment which …

and selling valuations – are eroded when respondents participate in repeated markets. We report an experiment which …

and selling valuations – are eroded when respondents participate in repeated markets. We report an experiment which …

and selling valuations – are eroded when respondents participate in repeated markets. We report an experiment which …

We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship … mechanism, as well as an individual decision. Our analysis reveals that, while the behavior of many subjects is consistent with …

report a laboratory experiment based on these extended games. We find that behavior is similar in the two extended games …

choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …