Working Papers
Welcome to Experimental Economics Center Working Paper Series. We are pleased to provide an electronic database to disseminate works-in-progress reflecting the broad range of research activities of affiliated faculty members. These papers are available in Adobe Acrobat PDF format.
All ExCEN Working papers
Inconsistent Choices in Lottery Experiments: Evidence from Rwanda 75.40 KB 12 downloads
Lottery experiments have been performed in many contexts to test theories of risk...Board structures around the world: An experimental investigation 160.88 KB 15 downloads
We model and experimentally examine the board structure–performance relationship....Is There A Plausible Theory for Risky Decisions? 0.00 KB 16 downloads
(Revised as 2012-09) A large literature is concerned with the analysis and empirical...Revealed Altruism 377.70 KB 62 downloads
Revision of 2006-09 This paper develops a nonparametric theory of preferences over...Discrete Implementation of the Groves-Ledyard Mechanism 433.46 KB 12 downloads
When implementing an economic institution in the field or in the laboratory, the...Trust and Reciprocity: Implications of Game Triads and Social Contexts 0.00 KB 12 downloads
(Revised as 2008-08) This paper reports experiments with game triads that include...An experimental inquiry into the effect of yardstick competition on corruption 179.95 KB 50 downloads
This study reports theory-testing laboratory experiments on the effect of yardstick...Discrimination in the Warplace: Evidence from a Civil War in Peru 170.75 KB 10 downloads
Few events give the opportunity to observe the full range of human behavior as wars...Trust in Private and Common Property Experiments 157.61 KB 14 downloads
We report the results from a series of experiments designed to investigate behavior...On The Preferences of Principals and Agents 128.34 KB 16 downloads
One of the reasons why market economies are able to thrive is that they exploit the...Risky Decisions in the Large and in the Small: Theory and Experiment 236.60 KB 15 downloads
In this essay, we adopt a different approach. Rather than emphasizing differences...Competition Between Auctions 76.81 KB 16 downloads
Even though auctions are capturing an increasing share of commerce, they are typically...Insurance Purchase for Low-Probability Losses 0.00 KB 23 downloads
(Revised as 2008-13) It is widely accepted that individuals tend to underinsure...Is There a Plausible Theory for Decision under Risk? 0.00 KB 10 downloads
(Revision of 2007-05) (Revised as 2010-06) (Revised as 2012-09) Theories of decision...On the Empirical Relevance of St.Petersburg Lotteries 0.00 KB 11 downloads
(Revised as 2009-05) Expected value theory has been known for centuries to be subject...Learning about Learning in Games through Experimental Control of Strategic Interdependence 276.37 KB 21 downloads
(Revision of 2006-17) We report experiments in which humans repeatedly play one of...How do people play against Nash opponents in games which have a mixed strategy equilibrium? 0.00 KB 11 downloads
(Revised as 2011-04) We examine experimentally how humans behave when they, unbeknownst...Trust and Reciprocity: Implications of Game Triads and Social Contexts 119.17 KB 17 downloads
Revision of 2007-08 This paper explores a behavioral phenomenon that has not been...Your Place in Space: Classroom Experiment on Spatial Location Theory 136.37 KB 18 downloads
The authors detail an urban economics experiment that is easily run in the classroom....The Today and Tomorrow of Kids 164.89 KB 11 downloads
We experimentally investigate the distribution of children’s time preferences along...Face Value 58.09 KB 17 downloads
There is growing evidence of systematic heterogeneity in behavior by observable characteristics,...Rationality and the Nature of the Market 184.66 KB 10 downloads
We investigate the distribution of risk preferences and the frequency of expected...Insurance Decisions for Low-Probability Losses 233.85 KB 15 downloads
Revision of 2008-03 It is widely accepted that individuals tend to underinsure against...Lost in the Mail: A Field Experiment on Crime 337.66 KB 10 downloads
Crime in the mail sector can hamper the development of electronic markets. We use...Some Issues of Methods, Theories, and Experimental Designs 61.38 KB 11 downloads
Smith (2008, p. 23) reports an example that illustrates how easily procedures can...Saliency of Outside Options in the Lost Wallet Game 190.65 KB 19 downloads
This paper reports an experiment designed to shed light on an empirical puzzle that...Risk Tolerance, Self-Interest, and Social Preferences 0.00 KB 15 downloads
(Revised as 2011-03) We use an experimental method to investigate whether systematic...On the Empirical Relevance of St.Petersburg Lotteries 52.48 KB 13 downloads
Revision of 2008-05 Expected value theory has been known for centuries to be subject...On the Coefficient of Variation as a Measure of Risk Sensitivity 0.00 KB 16 downloads
(Revised as 2010-04) Weber, Shafir, and Blais (2004) advocate the use of the coefficient...Procurement Auctions for Differentiated Goods 397.43 KB 16 downloads
Revision of 2006-15 We consider two mechanisms to procure differentiated goods: a...Contact Us
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