Titlebook: Experimental Business Research; Volume II: Economic Amnon Rapoport,Rami Zwick Conference proceedings 2005 Springer-Verlag US 2005 Manageme

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Comparative Statics for RDEU Theoryspecially, emissions trading, as an example. First, we describe each model in a very simple setting and then consider implicit and explicit assumptions underlying each model. In other words, we try to identify the environments in which the model really works. Our models yield results that may be dif

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https://doi.org/10.1007/978-3-030-56962-4l “downloads” and his cost is proportional to his total waiting time. Congestion arises because waiting time is an increasing random function of the number of uncompleted download attempts by all players. Surprisingly, some human players earn considerably higher profits than bots. Bots are better ab

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Generalized Functions and Fourier Analysisving sealed-bid auctions for collectible trading cards over the Internet. Manipulating the reserve prices in the auctions as an experimental treatment variable generates several results. First, observed participation behavior indicates that bidders consider their bid submission to be costly, and tha

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,The ℐ2-Class of Distributions,easured participants’ contract preference, their degree of expected disappointment about having to pay the penalty or not receiving the bonus, their perceived fairness of their contract, and their effort level. Consistent with Luft (1994), we find that employees generally preferred the bonus contrac

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Generalized Hyperbolic Secant Distributionstimes, simultaneous play, finite populations of symmetric players, discrete strategy spaces, and fixed starting and closing times of the service facility. Experimental results show 1) consistent patterns of behavior on the aggregate level in all the conditions that are accounted for quite well by th

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Application of G-function in statistics,ouse, find a school for our children, sign on to a retirement plan, etc. we usually ask the advice of others who have experience with such decisions. The same is true when we make major financial decisions. Here people easily take advice from their fellow workers or relatives as to how to choose sto