Power indices suggest that adding new members to a voting body may affect the balance of power between the original members even if their number of votes and the decision rule remain constant. Some of the original members may actually gain even if voters are bargaining over a fixed budget. We...

We revisit the result that, in laboratory independent private values auction, the first-price sealed bid and descending clock (or Dutch) implementations are not isomorphic. We investigate the hypothesis that this arises from framing and presentation effects. Our design focuses on a careful...

Received wisdom in baseball takes it as a given that it is an advantage have the last turn at bat in a baseball game. This belief is supported, implicitly or explicitly, by an argument that the team on offense benefits by knowing with certainty the number of runs it must score in the final...