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collectively owned by the group of bidders who equally share the revenue. We run an experiment in which the participants face four …
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This is a systematic experimental comparison of the efficiency and competitive properties of a computerized multiunit tatonnement with or without a dynamic improvement rule, with or without publicity of order flow information. All versions of the tatonnement are comparatively less efficient than...
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Prior research on Mexican migration has shown that social networks and economic incentives play an important role in determining migration outcomes. We use experimental data from PROGRESA, Mexico’s primary poverty-reduction program, to evaluate the effects of conditional cash transfers on...
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