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Why do entrepreneurs leave the market? An explanation from experimental economics in Peru
Understanding the behavior of those who start--or intend to start--a business is vital for a country of entrepreneurs such as Peru, which registered the third highest rate of active entrepreneurship worldwide in 2011, according to the Global ...
José Carlos Raunelli+2 more
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Mitigating the spread of disease is crucial for the well-being of agricultural production systems. Implementing biosecurity disease prevention measures can be expensive, so producers must balance the costs of biosecurity investments with the expected ...
Eric M. Clark+22 more
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Experimental economics emerged during the mid-20th century and was created through a combination of the experimental methodology employed in psychology and new advancements in economic theory.
Beata Woźniak-Jęchorek
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Measurement of Individual Time Preferences Using A Laboratory Approach [PDF]
The precise measurement of individual time preferences in assessing the economic plans that individuals are involved in, in the estimation of social time preferences, in the assessment of environmental and health plans is very crucial.
Mohammad Amin Zandi
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THE IMPACT OF TAXES ON INDIVIDUAL LONG-TERM SAVINGS DECISION
This paper uses experimental methods to analyze how different forms of taxation influence the decision between immediate consumption and saving. The parameters are chosen in such a way that the treatments No Tax, Immediate Taxation and Deferred Taxation
Dominik Tschinkl+2 more
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The future of health economics: The potential of behavioral and experimental economics
Health care systems around the globe are facing great challenges. The demand for health care is increasing due to the continuous development of new medical technologies, changing demographics, increasing income levels, and greater expectations from ...
Fredrik Hansen+3 more
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The emergence of experimental economics laboratories is tied to adopting computers as key instruments for conducting experimental research in economics. Various ways in which computer technology as a new form of material culture in experimental economics
Andrej Svorenčík
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A Critique of Rational Choice from the Viewpoint of Competing Approaches: Behavioral and Experimental Economics and Brain Sciences [PDF]
The starting point of economic analyses undoubtedly is homo economicus, whose fundamental characteristic is rationality. In recent decades, the notion of rationality has been the subject of debates in social sciences, particularly economics. Conventional
Ebad Teimouri+2 more
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Understanding the impact of human behavior on the spread of disease is critical in mitigating outbreak severity. We designed an experimental game that emulated worker decision-making in a swine facility during an outbreak.
Eric M. Clark+24 more
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Voluntary versus Enforced Team Effort
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to ...
Claudia Keser, Claude Montmarquette
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