Showing 1 - 10 of 15
This paper presents data from experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries.
Persistent link: https://www.econbiz.de/10005486484
Persistent link: https://www.econbiz.de/10011087470
A series of experiments among different social groups in both Albania and the Netherlands give the opportunity to compare behavioral patterns related to tax evasion. Aside from the decision whether or not to evade taxes, subjects have to choose a source of income, where one type enables...
Persistent link: https://www.econbiz.de/10009283521
This paper presents data from experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries.
Persistent link: https://www.econbiz.de/10008458114
Persistent link: https://www.econbiz.de/10011088885
Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...
Persistent link: https://www.econbiz.de/10010826824
We investigate expectation formation in a controlled experimental environment. Subjects are asked to predict the price in a standard asset pricing model. They do not have knowledge of the underlying market equilibrium equations, but they know all past realized prices and their own predictions....
Persistent link: https://www.econbiz.de/10005581872
The evolution of many economic variables is affected by expectations that economic agents have with respect to the future development of these variables. Here we show, by means of laboratory experiments, that market behavior depends to a large extent on how the realized market price responds to...
Persistent link: https://www.econbiz.de/10005581874
Persistent link: https://www.econbiz.de/10005823286
The purpose of this paper is to investigate expectation formation in a controlled experimental environment. Subjects are asked to predict next periods price in an unknown, unstable nonlinear cobweb economy with expectational feedback. Subjects have no information about underlying market...
Persistent link: https://www.econbiz.de/10005350748