Experiments can be used not only to test theory but also to measure preferences and assess heterogeneity of behavior. I discuss the design of experimental measures of ahruism and trust, as well as their uses in assessing how behavior varies across individuals, and across partners that a given...

Binmore and Shaked (this issue) criticize Fehr and Schmidt’s (1999) model of inequality aversion. We present a considerable body of experimental research supporting the inequality aversion motive. Binmore and Shaked also urge experimentalists to adopt “a more skeptical attitude when...

We surveyed research by experimental economists that examines gender differences in negotiation in the context of two simple, two-player games. Our purpose is to uncover empirical regularities in the results that might be useful to teachers or practitioners of negotiation. In the dictator game,...

Individuals engage in negotiation and bargaining on a daily basis. Some of these negotiations are small and repeated (as with a spouse, friends, or coworkers) while others are larger and relatively infrequent (as with employers, suppliers, or involving a large personal purchase). In some of...

We reinvestigate the question first posed by Glaeser, Laibson, Scheinkman and Soutter (2000, GLSS hereafter): What is the best measure of trust for predicting trusting behavior? This important study, cited over 2,100 times, established that the behavior in the investment game, an incentivized...

This chapter reviews the results from experimental measures of risk aversion for evidence of systematic differences in the behavior of men and women. In most studies, women are found to be more averse to risk than men. Studies with contextual frames show less consistent results. Whether men and...

This chapter reviews the results from public goods, ultimatum, and dictator experiments for evidence of systematic differences in the behavior of men and women. While the results do not offer consistent evidence of behavioral differences between men and women, there are some intriguing patterns...

The purpose of the study is to collect information that can be used to design a policy to induce the poor to invest in human capital. We use laboratory experimental methodology to measure the preferences and choices of the target population of a proposed government policy. We recruited 256...

In Economics and Psychology: A Promising New Cross-disciplinary Field, Bruno S. Frey and Alois Stutzer have compiled a series of papers exploring the boundaries between the two fields. The volume consists of survey chapters and original contributions on specific topics. All but one of the...