This paper theoretically and experimentally studies team competition in continuous time. Players exert effort at a steady rate and the team whose accumulated effort firstly hits the threshold wins a prize. We examine three factors: the prize value, information availability, and prize allocation...

We test the turnout predictions of the standard two-party, private value, costly voting model through a large-scale, real effort experiment. We do this by recruiting 1,200 participants through Amazon's Mechanical Turk and employing a 2 x 2 between subjects design encompassing small (N=30) and...

We employ a price setting duopoly experiment to examine whether buyer confusion increases market prices. Each seller offers a good to buyers who have homogeneous preferences. Sellers decide on the number of attributes of their good and set prices. The number of attributes bears no cost to the...

We examine how traders react to two prominent stock market regulations. Under a constant fundamental value (FV) process, price limits and trading restrictions significantly reduce the price level and mispricing size when traders are inexperienced. Under a Markov-process FV, there is no evidence...

We study dishonesty in an individual task experiment. In contrast to the existing literature, we collect participant level data. We find that men are not only more likely to be dishonest than women, they are also more dishonest.