Results 61 to 70 of about 319,546 (186)
When Two Become One: How Group Mergers Affect Solidarity
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
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LLMs Model Non-WEIRD Populations: Experiments with Synthetic Cultural Agents [PDF]
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
Industrial Organization Theory and Experimental Economics [PDF]
Charles R. Plott
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Laboratory Experiments in Teaching Public Economics and Policy
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
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Noisy Information Signals and Endogenous Preferences for Labeled Attributes
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
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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
Experimental practices in economics: A methodological challenge for psychologists? [PDF]
Ralph Hertwig, Andreas Ortmann
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Risk Aversion and Preference for Store Price Format
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
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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
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