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Exchange Economies and Loss Exposure : Experiments Exploring Prospect Theory and Competitive Equilibria in Market Environments

Myagkov, Mikhail G.; Plott, Charles - 2000

Exchange economies were created in which individuals faced losses. If people are risk seeking in the losses, as predicted by prospect theory, then due to the nonconvexity, the competitive equilibria are all on the boundaries of the Edgeworth Box. The experimental results are that risk-seeking...

Persistent link: https://www.econbiz.de/10014059239

The spatial character of Russia's new democracy

Myagkov, Mikhail G.; Ordeshook, Peter C. - In: Public choice 97 (1998) 3, pp. 491-523

Persistent link: https://www.econbiz.de/10001255505

The emergence of the private sector in Russia : A financial market perspective

Kiewiet, D. Roderick - In: Post-soviet affairs 14 (1998) 1, pp. 23-47

Persistent link: https://www.econbiz.de/10015175033

Social context reveals gender differences in cooperative behavior

Peshkovskaya, Anastasia; Babkina, Tatiana Mihajlovna; … - In: Journal of bioeconomics 20 (2018) 2, pp. 213-225

Persistent link: https://www.econbiz.de/10012055714

Markets as information gathering tools

Plott, Charles - In: Southern economic journal 67 (2000) 1, pp. 1-15

Persistent link: https://www.econbiz.de/10001502306

Market stability : backward-bending supply in a laboratory experimental market ; 1999 Presidential address Western Economic Association

Plott, Charles - In: Economic inquiry : journal of the Western Economic … 38 (2000) 1, pp. 1-18

Persistent link: https://www.econbiz.de/10001464681

An updated review of industrial organization : applications of experimental methods

Plott, Charles - 1989

Persistent link: https://www.econbiz.de/10001489036

Laboratory experiments in economics : the implications of posted-price institutions

Plott, Charles - In: Science 232 (1986) 4751, pp. 732-738

Persistent link: https://www.econbiz.de/10001011882

Rational individual behavior in markets and social choice processes

Plott, Charles - 1993

Persistent link: https://www.econbiz.de/10000929311

Rational choice in experimental markets

Plott, Charles - In: The journal of business : B 59 (1986) 4, pp. 181-505

Persistent link: https://www.econbiz.de/10001261507

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