Showing 1 - 10 of 86
Ancillary experiments' are a new technique whereby researchers use a completed experiment conducted by others to recover causal estimates of a randomized intervention on new outcomes. The method requires pairing new outcome data with randomized treatments the researchers themselves did not...
Persistent link: https://www.econbiz.de/10010319932
Much of the debate between the European and U.S. positions about labeling of genetically modified foods has been whether consumers perceive labels as a source of information or a signal to change behavior. In this paper, we provide an experimental framework for examining these roles of...
Persistent link: https://www.econbiz.de/10010706357
This paper aims to illuminate the debate on pluralist economics curricula by examining ways in which such curricula are evaluated. The paper argues for pluralism as a general approach and as pedagogy. It argues that there is a plurality of pluralist curricula. It further argues that pluralist...
Persistent link: https://www.econbiz.de/10010900635
We report on a series of experiments that examine bidding behavior in first-price sealed bid auctions with symmetric and asymmetric bidders. To study the extent of strategic behavior, we use an experimental design that elicits bidders' complete bid functions in each round (auction) of the...
Persistent link: https://www.econbiz.de/10010851480
"Behavioral economics", or the application of methods and evidence from other social sciences to economics, has increased greatly in significance in the last two decades. An important method by which many of its predictions have been tested has been via laboratory experiments. In this paper I...
Persistent link: https://www.econbiz.de/10008914295
We report on a series of experiments that examine bidding behavior in first-price sealed bid auctions with symmetric and asymmetric bidders. To study the extent of strategic behavior, we use an experimental design that elicits bidders' complete bid functions in each round (auction) of the...
Persistent link: https://www.econbiz.de/10005582610
We report results of an experiment on prices and demand in a fantasy-based virtual world. A virtual world is a persistent, synthetic, online environment that can be accessed by many users at the same time. Because most virtual worlds are built around a fantasy theme, complete with magic,...
Persistent link: https://www.econbiz.de/10010264402
In experimental economics there exists a lively debate about the independence of observations. Although opinions on the issue differ widely, all concerns regard the independence of subjects' behavior within one session or experiment. This paper attempts to shed some light on the independence of...
Persistent link: https://www.econbiz.de/10010267107
This article deals with experimental games as they pertain to game theory. As such there is a natural distinction between experimentation with abstract games devoted to testing a specific hypothesis in game theory and games with a scenario from a discipline such as economics or political science...
Persistent link: https://www.econbiz.de/10005762705
This paper documents a large association between individuals' time discounting in incentivized experiments and their positions in the real-life wealth distribution derived from Danish high-quality administrative data for a large sample of middle-aged individuals. The association is stable over...
Persistent link: https://www.econbiz.de/10013202238