One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment …

We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the … competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …

experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …

introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a … experiment, while coordination failures emerge in the following periods sweeping away the beneficial effect of communication at …

Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers …' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are …