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Persistent link: https://www.econbiz.de/10005239018
In conducting experiments with multiple trials, outcomes from previous trials can impact on current behavior. One of the most obvious cases in which this can happen, and the case considered in this paper, is in an auction market experiment, where earnings from previous auction trials alter cash...
Persistent link: https://www.econbiz.de/10005328601
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We investigate the Baron-Ferejohn (1989a) bargaining model of legislative behavior comparing open versus closed amendment rules. The data are qualitatively consistent with the theory as there are longer delays in distributing benefits and a more egalitarian distribution of benefits under the...
Persistent link: https://www.econbiz.de/10014120545