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field experiments. Allocative efficiency implies a hypothetical costless aftermarket would be inactive. An outcome of an …. Methodological requirements for observation of behavioral efficiency or inefficiency are put forward. A simple field demonstration …
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Laboratory experiments reporting on shortfalls from allocative efficiency of allocation mechanisms depend on the … induced-values methodology, which cannot be extended to the field. Harstad [2011] proposes to observe efficiency of allocation …
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experiment methodology ; allocative efficiency ; revelation of valuations ; aftermarkets … field experiments. Allocative efficiency implies a hypothetical costless aftermarket would be inactive. An outcome of an …. Methodological requirements for observation of behavioral efficiency or inefficiency are put forward. A simple field demonstration …
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