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Titlebook: Developments on Experimental Economics; New Approaches to So Sobei Hidenori Oda Book 2007 Springer-Verlag Berlin Heidelberg 2007 Experiment

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Judgement in Small Decision-Making Problemsoblems are defined by three main properties [2]. First, they include repeated tasks; the decision makers (DMs) face the same choice problem many times in similar situations. Second, each single choice is not very essential; the alternatives tend to have similar expected value (EV) that may be fairly
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The Effect of Inter-group Competition in the Prisoner’s Dilemma Gamecompetitions in which matched teams compete against each other to produce larger contributions (cooperation within one’s group). Bornstein et al. and Goren (Bornstein [3], Bornstein and Ben-Yossef [2], Bornstein, Erev and Goren [3], Goren [6], Goren and Bornstein [6]) investigate the inter-group com
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The Mixed Effect of Voluntary Revelation: Evidence from Threshold Public Goods Game Experimentsishes as they interact with others in the course of the experiments (e.g. Andreoni [1]). Most experimental works on public goods games have so far tried to eliminate social interaction among subjects as much as possible. The purpose of such artificial procedures is to observe people’s selfish motiva
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Trust and Reciprocity in Intergroup Relations: Differing Perspectives and Behaviors development of a new product. In situations like this, such an individual is viewed as the agent of the group and the individual s decision could have important implications for everyone in the firm. In many other situations, decisions to trust or reciprocate in inter-group exchange can also be mad
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0075-8442 Smith held in Okayama and Kyoto, 13-17 December 2004, which consisted of Dr Smith’s public speech and the International Conference on Experiments in Economic Sciences: New - proaches to Solving Real-world Problems. Despite having a short history, experiments are now considered indispensable in econ
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Matthew R. Sanders,Alina Morawskazle in asset pricing .. More generally, the problematic feature of expected utility applied to intertemporal settings is that its treatment of ‘gambling over time’ cannot distinguish risk aversion and intertemporal substitution ..
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Vanessa E. Cobham,Elizabeth A. Newnhamey the individual is ready to accept for the change. For welfare gains, CV and EV are known as willingness to pay (to attain the gain, WTP) and willingness to accept (to accept the absence of the gain, WTA) respectively; but for a welfare loss, CV and EV refer to WTA (to compensate the loss) and WTP (to prevent the loss).
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