A theory is proposed in which preferences are conditional on reference points. It is related to Tversky and Kahneman’s reference-dependent preference theory, but is simpler and deviates less from conventional consumer theory. Preferences conditional on any given reference point satisfy...

This paper outlines a method of procuring the benefits of deception in experiments without actually deceiving subjects, which should be suitable for many experimental economics environments. This is done by a modification of an already standard design, the Random Lottery incentive system, which...

This paper investigates whether European integration has an effect on the geographical concentration of Swedish multinationals' production inside the European Union. The results indicate that agglomeration and dispersion forces are present, and that the relative strength of these forces has been...

There exist large variations in juvenile sex ratios across districts and social groups in India. Economic and cultural factors have been advanced as contending explanations for these variations. We propose a household optimization model that integrates cultural explanations with economic ones....

Is the rapid growth of experimental research in economics evidence of a new scientific spirit at work or merely fresh evidence of a misplaced desire to ape the methods of natural sciences? It is often argued that economic experiments are artificial in some sense which tends to render the results...

This paper analyses how sequential purchase of the different components assembled in some consumption good affects firm's pricing behaviour and compatibility decisions. With incompatible brands, consumers who wish to purchase some component of an alternative brand are forced to replace the...

The ratio of women to men in India reveals excess female mortality by comparison with developed countries; this excess is socially not naturally determined. Juvenile sex ratios combine excess male infant mortality in poor health environments with excess female child mortality due to...

This paper looks at the interaction between two firms based in different countries, each which faces the export v MNE choice concerning the servicing of the other's home market. Firms also have a choice over investment in a new technology which allows a corporate wide reduction in variable costs...

I take it that in raising the question "What have we learned from experimental economics" under the broader umbrella of "controversy" the point is not to solicit a catalogue of experimental findings, but rather to signal the more pointed question: are we learning anything at all, or at least...

This paper reports the initial results from a project designed to track the evolution of industrial and corporate structure of EU manufacturing alongside the ongoing European integration process. At the heart of the work is the construction of an "EU market share matrix" for 1993. This includes...