option-implied volatility measures. A small-scale Monte Carlo experiment suggests that the procedure works well in practice …

We assume that an impatient decision maker (DM) runs variable-size experiments at an increasing, strictly convex cost … more impatient decision maker may experiment more, given lump-sum final payoffs. We show that (a) and (b) are robust to … decisions at each instant: stop or experiment, and then at what level n. The second choice equates the marginal costs and …

experiment to test for a shifting relative age effect. The paper confirms the existence of a relative age effect with a selection …

the results from an experiment with human subjects that allows for such a comparison. The effects of cheap talk and … results of this experiment can be used to extend game-theoretic models of how individuals make use of the different types of … information available in strategic environments …

. However, to date, this claim is untested. This paper explores the choice between information elicitation and delegation. We … also examine the effect of this choice on the subordinates’ incentives to gather decision facilitating information. We find … devoting less effort to the acquisition of valuable information. Compared to the case where the decision is delegated …

, decentralized punishment. We elicit punishment decisions both in isolation and after providing information about actual peers …

A popular procedure for benefit segmentation based on conjoint experiments has been to estimate individual-level port …