Results 61 to 70 of about 319,546 (186)

When Two Become One: How Group Mergers Affect Solidarity

open access: yesGames, 2019
Solidarity in teamwork situations is important for the success and longevity of teams. This paper studies how helping group members is affected when groups are randomly merged and increase in size.
Jan Schmitz
doaj   +1 more source

LLMs Model Non-WEIRD Populations: Experiments with Synthetic Cultural Agents [PDF]

open access: yesarXiv
Despite its importance, studying economic behavior across diverse, non-WEIRD (Western, Educated, Industrialized, Rich, and Democratic) populations presents significant challenges. We address this issue by introducing a novel methodology that uses Large Language Models (LLMs) to create synthetic cultural agents (SCAs) representing these populations.
arxiv  

Laboratory Experiments in Teaching Public Economics and Policy

open access: yesCentral European Journal of Public Policy, 2015
This paper deals with classroom experiments in economics, which have been derived from laboratory experiments. These experiments cover a broad range of topics, from strictly economic ones (like market games or auctions) to those with overlaps to other ...
Špačková Zuzana
doaj   +1 more source

Noisy Information Signals and Endogenous Preferences for Labeled Attributes

open access: yesJournal of Agricultural and Resource Economics, 2015
Consumer preferences for labeled products are often assumed to be exogenous to the presence of labels. However, the label itself (and not the information on the label) can be interpreted as a noisy warning signal.
Jura Liaukonyte   +2 more
doaj   +1 more source

Disagreement Spillovers [PDF]

open access: yesarXiv
As US political party leaders increasingly take stances both on economic and cultural (i.e., social policy) issues, the economic views of opposite cultural groups are growing apart. This paper explores a novel explanation for this phenomenon. I provide experimental evidence that adding social policy content to a policy message pushes those disagreeing ...
arxiv  

Risk Aversion and Preference for Store Price Format

open access: yesJournal of Agricultural and Resource Economics, 2016
When choosing among retail store formats, consumers face two alternatives: everyday-low-price (EDLP) stores that offer lower mean prices, with less variation over time, or promotion-based (HILO) stores that offer higher mean prices but more variation ...
Koichi Yonezawa, Timothy J. Richards
doaj   +1 more source

The Impact of Previous Action on Bargaining—An Experiment on the Emergence of Preferences for Fairness Norms

open access: yesGames, 2017
The communication of participants to identify an acceptable bargaining outcome in the Nash bargaining game is all about fairness norms. Participants introduce fairness norms which yield a better outcome for themselves in order to convince the other ...
Thomas Neumann   +2 more
doaj   +1 more source

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