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uptick in \(r_K^\text{*}\) in 2023 thus far. The natural experiment approach to measuring \(r_K^\text{*}\) is precise, avoids …
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-making experiments in the spirit of (generalized) reinforcement learning (as reviewed in [1]), a new approach to experimentation on … learning in games was developed: the "Black Box" control for economic experiments [2,3,4]. In one set of experiments, subjects … play the "standard" economic experiment, including a full description of the payoff matrix of the game they are playing …
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Recent evidence shows substantial heterogeneity in time, risk, and social preferences across and within populations; yet little is known about the dynamics of preference heterogeneity across generations. We apply a novel identification strategy based on dyadic differences in preferences using...
Persistent link: https://www.econbiz.de/10014422508
The paper studies bargaining games involving players with present-biased preferences. The paper shows that the relative timing of bargaining rewards and bargaining costs will determine whether the players' present-bias will affect bargaining outcomes. In cases where players agree to a bargain in...
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