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
Paradoxes and Mechanisms for Choice under Risk 0.00 KB 12 downloads
(Revision of 2011-07) (Revised as 2013-08) (Revised as 2014-01) Experiments on...Probabilistic Risk Attitudes and Local Risk Aversion: a Paradox 93.80 KB 12 downloads
Prominent theories of decision under risk that challenge expected utility theory...Private Goods, Public Goods and Common Pools with Homo Reciprocans 468.28 KB 12 downloads
Social dilemmas characterize environments in which individuals’ exclusive pursuit...Avoiding the Curves: Direct Elicitation of Time Preferences 1.17 MB 13 downloads
Revision of 2011-01 We propose and test a new method for eliciting curvature-controlled...Reduction of Compound Lotteries with Objective Probabilities: Theory and Evidence 0.00 KB 19 downloads
(Revised as 2015-04) The reduction of compound lotteries (ROCL) has assumed a central...Status Quo Effects in Fairness Games: Reciprocal Responses to Acts of Commission vs. Acts of Omission 0.00 KB 15 downloads
(Revised as 2013-06) (Revised as 2016-01) Both the law and culture make a central...Inducing Risk Neutral Preferences with Binary Lotteries: A Reconsideration 501.57 KB 20 downloads
We evaluate the binary lottery procedure for inducing risk-neutral behavior. We strip...The Independence Axiom and the Bipolar Behaviorist 517.78 KB 15 downloads
Developments in the theory of risk require yet another evaluation of the behavioral...Clocks and Trees: Isomorphic Dutch Auctions and Centipede Games 339.85 KB 18 downloads
Revision of 2010-01 Centipede games and Dutch auctions are two much-studied games...Risk Aversion as Attitude towards Probabilities: A Paradox 143.47 KB 14 downloads
Theories of decision under risk that challenge expected utility theory model risk...Can Intertemporal Choice Experiments Elicit Time Preferences for Consumption? Yes 495.58 KB 14 downloads
The most popular experimental method for eliciting time preferences involves subjects...Experimental Methods and the Welfare Evaluation of Policy Lotteries 183.47 KB 18 downloads
Policies impose lotteries of outcomes on individuals since we never know exactly...Paradoxes and Mechanisms for Choice under Risk 0.00 KB 13 downloads
(Revised as 2012-08) (Revised as 2013-08) (Revised as 2014-01) Experiments on...Bosses and Kings: Asymmetric Power in Paired Common Pool and Public Good Games 0.00 KB 21 downloads
(Revised as 2012-13) Social dilemmas characterize decision environments in which...Do Landlords Discriminate in the Rental Housing Market? Evidence from an Internet Field Experiment in U.S. Cities 253.61 KB 18 downloads
This paper tests for racial discrimination in the rental housing market using matched...Man Versus Nash: An experiment on the self-enforcing nature of mixed strategy equilibrium 972.10 KB 17 downloads
Revision of 2008-07 We examine experimentally how humans behave when they play against...Are Benevolent Dictators Altruistic in Groups? A Within-Subject Design 132.39 KB 18 downloads
Revision of 2009-04 We use a within-subject experimental design to investigate whether...Cooperating to Resist Coercion: An Experimental Study 311.59 KB 20 downloads
This study sheds light on the difficulties people face in cooperating to resist coercion....Avoiding the Curves: Direct Elicitation of Time Preferences 0.00 KB 14 downloads
(Revised as 2012-05) We propose and test a new method for eliciting curvature-controlled...Inferring Beliefs as Subjectively Uncertain Probabilities 343.24 KB 17 downloads
We propose a method for estimating subjective beliefs, viewed as a subjective probability...The Methodological Promise of Experimental Economics 94.85 KB 13 downloads
Experimental Economics: Rethinking the Rules by Bardsley, Cubitt, Loomes, Moffatt,...The Methodologies of Neuroeconomics 166.57 KB 12 downloads
We critically review the methodological practices of two research programs which...Characterizing Risk Attitudes of Industrial Managers 244.45 KB 16 downloads
We study the risk attitudes of an important segment of the economy: managers. We...Theory, Experimental Design and Econometrics Are Complementary (And So Are Lab and Field Experiments) 219.06 KB 13 downloads
Experiments are conducted with various purposes in mind including theory testing,...Latent Process Heterogeneity in Discounting Behavior 144.01 KB 15 downloads
We show that observed choices in discounting experiments are consistent with roughly...Estimating Subjective Probabilities 332.91 KB 13 downloads
Subjective probabilities play a role in many economic decisions. There is a large...Trust with Private and Common Property: Effects of Stronger Property Right Entitlements 184.23 KB 13 downloads
Is mutually beneficial cooperation in trust games more prevalent with private property...Is There a Plausible Theory for Decision under Risk? A Dual Calibration Critique 0.00 KB 14 downloads
(Revision of 2007-05) (Revised as 2012-09) Theories of decision under risk that...Identification of Voters with Interest Groups Improves the Electoral Chances of the Challenger 257.56 KB 13 downloads
This short paper investigates the consequences of voters identifying with special...On the Coefficient of Variation as a Criterion for Decision under Risk 127.16 KB 18 downloads
Revision of 2009-06 Weber, Shafir, and Blais (2004) report a meta-analysis of data...Contact Us
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