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Field Experiments: A Bridge Between Lab and Naturally-Occurring Data

list, john - National Bureau of Economic Research (NBER) - 2007

Laboratory experiments have been used extensively in economics in the past several decades to lend both positive and normative insights into a myriad of important economic issues. This study discusses a related approach that has increasingly grown in prominence of late--field experiments. I...

Persistent link: https://www.econbiz.de/10005084551

The Nature of Excess: Using Randomized Treatments to Investigate Price Dynamics

list, john; Price, Michael K.; Al-Ubaydli, Omar - National Bureau of Economic Research (NBER) - 2010

This study explores empirically the price dynamics within two distinct market institutions - a double oral auction, which resembles modern asset markets, and a bilateral exchange market, which represents markets that have existed for centuries. To provide a theoretical basis to our...

Persistent link: https://www.econbiz.de/10008533384

What Happens in the Field Stays in the Field: Exploring Whether Professionals Play Minimax in Laboratory Experiments

Levitt, Steven; list, john; Reiley, David - National Bureau of Economic Research (NBER) - 2009

The minimax argument represents game theory in its most elegant form: simple but with stark predictions. Although some of these predictions have been met with reasonable success in the field, experimental data have generally not provided results close to the theoretical predictions. In a...

Persistent link: https://www.econbiz.de/10008614935

Checkmate: Exploring Backward Induction Among Chess Players

Levitt, Steven; list, john; Sadoff, Sally E. - National Bureau of Economic Research (NBER) - 2009

Although backward induction is a cornerstone of game theory, most laboratory experiments have found that agents are not able to successfully backward induct. Much of this evidence, however, is generated using the Centipede game, which is ill-suited for testing the theory. In this study, we...

Persistent link: https://www.econbiz.de/10008615812

Testing Motives for Charitable Giving: A Revealed-Preference Methodology with Experimental Evidence

Deb, Rahul; Gazzale, Robert S.; Kotchen, Matthew J. - National Bureau of Economic Research (NBER) - 2012

A large economics literature seeks to understand the reasons why individuals make charitable contributions. Fundamental features of most models of charitable giving are the inclusion of externalities induced by other agents and the Lancasterian characteristics approach to specifying utility...

Persistent link: https://www.econbiz.de/10011271495

Are Women More Attracted to Cooperation Than Men?

Kuhn, Peter; Villeval, Marie Claire - National Bureau of Economic Research (NBER) - 2013

. Key factors explaining gender patterns in attraction to co-operative incentives across experimental conditions include …

Persistent link: https://www.econbiz.de/10011212812

Gender Differences in Seeking Challenges: The Role of Institutions

Niederle, Muriel; Yestrumskas, Alexandra H. - National Bureau of Economic Research (NBER) - 2008

of which will be chosen for payment). Although there are no gender differences in performance, or beliefs about relative … performance, men choose the hard task about 50 percent more frequently than women, independent of performance level. Gender … differences in preferences for characteristics of the tasks cannot account for this gender gap. When we allow for a flexible …

Persistent link: https://www.econbiz.de/10005829743

How Costly is Diversity? Affirmative Action in Light of Gender Differences in Competitiveness

Niederle, Muriel; Vesterlund, Lise; Segal, Carmit - National Bureau of Economic Research (NBER) - 2008

, but also on one's rank within gender. Both beliefs on rank and attitudes towards competition change when moving to a more … gender-specific competition. The changes in competitive entry have important implications when assessing the costs of …

Persistent link: https://www.econbiz.de/10005714031

Gender Differences in Competition: Evidence from a Matrilineal and a Patriarchal Society

Leonard, Kenneth; list, john; Gneezy, Uri - National Bureau of Economic Research (NBER) - 2008

This study uses a controlled experiment to explore whether there are gender differences in selecting into competitive … providing insights into the underpinnings of the factors hypothesized to be determinants of the observed gender differences in …

Persistent link: https://www.econbiz.de/10005714515

Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect

Laibson, David; Madrian, Brigitte C.; Choi, James J. - National Bureau of Economic Research (NBER) - 2007

Consistent with mental accounting, we document that investors sometimes choose the asset allocation for one account without considering the asset allocation of their other accounts. The setting is a firm that changed its 401(k) matching rules. Initially, 401(k) enrollees chose the allocation of...

Persistent link: https://www.econbiz.de/10004969353