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conclude that learning effects are more important than selection effects for explaining differences between inexperienced and …
Persistent link: https://www.econbiz.de/10012141443
conclude that learning effects are more important than selection effects for explaining differences between inexperienced and …
Persistent link: https://www.econbiz.de/10011944119
Persistent link: https://www.econbiz.de/10012288341
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field … begin by examining how the methodology has been used to test economic models with populations of theoretical interest. Next … covariates to test theoretical predictions and explore behavioral mechanisms. We proceed to discuss how the methodology can be …
Persistent link: https://www.econbiz.de/10014023427
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences … resistance among social scientists who argue that lab experiments lack realism and generalizability. In this article we discuss …
Persistent link: https://www.econbiz.de/10010274256
The use of video recordings in experimental economics has become increasingly popular. However, little attention is paid to how this might affect the composition of the participating subjects and the intended treatment effect. We make a first attempt to shed light on these issues and address...
Persistent link: https://www.econbiz.de/10011890148
Innovation research has developed a broad set of methodological approaches in recent decades. In this paper, we propose laboratory experiments as a fruitful methodological addition to the existing methods in innovation research. Therefore, we provide an overview of the existing methods, discuss...
Persistent link: https://www.econbiz.de/10011540296
Innovation research has developed a broad set of methodological approaches in recent decades. In this paper, we propose laboratory experiments as a fruitful methodological addition to the existing methods in innovation research. Therefore, we provide an overview of the existing methods, discuss...
Persistent link: https://www.econbiz.de/10011520329
Bertrand competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We first present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less collusion with more firms leads to lower average prices....
Persistent link: https://www.econbiz.de/10010851468
We study the relation between the number of firms and market power in experimental oligopolies. Price competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We present results of an experiment in which two, three and four identical firms repeatedly...
Persistent link: https://www.econbiz.de/10005582603