Physical lab experiments have played an instrumental role in sculpting the history of experimental economics, facilitating controlled information conditions, efficient monetary inducements, and exclusive advantages via immediate human interaction and engaging experiences. These unique benefits...

Both mainstream economics and its critics have focused on models of individual rational agents even though most important decisions are made by small groups. Little systematic work has been done to study the behavior of small groups as decision-making agents in markets and other strategic games....

UK wind-power capacity is increasing and new transmission links are proposed with Norway, where hydropower dominates the electricity mix. Weather affects both these renewable resources and the demand for electricity. The dominant large-scale pattern of Euro-Atlantic atmospheric variability is...

Endemic congestion at the road landside interface at Port Botany, Sydney results from coordination problems within the supply chain. These problems cannot be solved through the vertical integration of participants in the supply chain because of competition law considerations, and other non-price...

The largest market in national economies is the labor market. Labor market contracting is characterized by job search, often from unknown wage offer distributions. This paper reports experimental tests of finite horizon models of job search in which the wage offer distribution is unknown....