We examine strategic information transmission in a controlled laboratory experiment of a cheap talk game with one …

cornerstone of contract theory. We have conducted an experiment with 720 participants to explore whether the theoretical insights …

knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

We conduct a laboratory experiment of second-price sealed bid auctions of a common value good with two bidders. Bidders …

We use a laboratory experiment to explore dynamic network formation in a six-player game where link creation requires …

We conduct a controlled laboratory experiment where subjects dynamically choose their portfolio allocation between a …