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The paper investigates whether Internet experiments are an appropriate alternative to traditional laboratory experiments. For an economic experiment of individual decision making results obtained over the Internet are compared to results obtained in the laboratory using exactly the same...
Persistent link: https://www.econbiz.de/10005795822
The paper investigates whether Internet experiments are an appropriate alternative to traditional laboratory experiments. For an economic experiment of individual decision making results obtained over the Internet are compared to results obtained in the laboratory using exactly the same...
Persistent link: https://www.econbiz.de/10011146902
Persistent link: https://www.econbiz.de/10001610050
Persistent link: https://www.econbiz.de/10000995776
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The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. In this paper we give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The...
Persistent link: https://www.econbiz.de/10005824501