using a lab-in-the-field experiment. We find that those groups that observe each other show lower within group standard … deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …

In a field experiment with 341 participants, we study whether social comparisons, either in isolation or in combination …

The adoption decision for durable goods is intertemporal by definition. However, estimating utility and discount …

Actors in various settings have been increasingly relying on algorithmic tools to support their decision-making. Much … assumption that humans can assess the quality of algorithms. We test this assumption by conducting an online experiment with 1263 … - decision-makers cannot verify the quality of such goods, even after "consuming" them. Based on this finding, we test two …

We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either … emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision …

-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …

in a simple global game experiment. Our results indicate that the signal associated to the highest or second highest … response time at the beginning of the experiment are both unbiased estimates of the threshold employed by subjects at the end … of the experiment. This predictive ability is lost when we move to the third or higher response times. Moreover, the …