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significantly less than the perceived innocent subject. -- altruism ; bargaining experiment …
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contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
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contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
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attitude (preferences) from that of beliefs concerning the amount of money that will be offered to contestants in future rounds … belief function and preferences is possible by virtue of the fact that at a certain stage of the game, beliefs are not … establishes that the vast majority of contestants are forward-looking as opposed to myopic. -- Beliefs ; Discrete choice models …
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Hypothetical bias is one of the main issues bedeviling the field of nonmarket valuation. The general criticism is that survey responses reflect how people would like to behave, rather than how they actually behave. In our study of climate change and emissions reductions, we took advantage of the...
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