Listar por autoría "6755187f-79df-4527-a1d8-16778af7ef1a"
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A gender bias in reporting expected ranks when performance feedback is at stake
Elsevier (2022-03-22)We introduce a mechanism for eliciting beliefs that combines the simple use of monetary incentives with the desire to know the own performance. In our experiment, participants performed a real-effort task that naturally ... -
An experiment on spatial competition with endogenous pricing
Elsevier (2011)Hotelling's (1929) principle of minimum differentiation and the alternative prediction that firms will maximally differentiate from their rivals in order to relax price competition have not been explicitly tested so far. ...
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Catalog competition: Theory and experimental evidence
Wiley (2022-07-06)This paper compares the standard location-then-pricing Hotelling duopoly with a catalog competition game in which firms simultaneously decide locations and prices. We consider a three-location space and continuous pricing ...
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Catalog Competition: Theory and Experiments
(2015-09-03)This paper studies a catalog competition game: two competing firms decide at the same time product characteristics and prices in order to maximize profits. Since Dasgupta and Maskin (1986) it is known that this one-shot ...
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Centralizing information improves market efficiency more than increasing information: Results from experimental asset markets
(2017-09-07)We study the relationship between market efficiency and the distribution of private information in experimental financial asset markets. Traders receive imperfect signals over the real value of an asset. Agents can share ...
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Deception and reputation – An experimental test of reporting systems
Elsevier (2018-10)We use a repeated sender-receiver game in which sender behavior is revealed to future counterparts either by (i) standardized computer reports or (ii) individual reports composed by the receivers. Compared to our baseline, ...
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Endogenous managerial compensation contracts in experimental quantity-setting duopolies
Elsevier (2016)Given the ongoing debate on managerial compensation schemes, our paper offers empirical insights on the strategic choice of firms’ owners over the terms of a managerial compensation contract, as a commitment device aiming ...
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Exchange markets with endogenous quality: When the lemons problem enchances trade
(2016)A worrying feature of Akerlof’s (1970) model is that the existence of sufficiently many products of relatively low quality (“lemons”) in a market may not only drive those of high quality ...
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Gestión activa de la demanda en mercados eléctricos experimentales
CSIC (2012-03)Estudiamos el comportamiento de los consumidores en un mercado de electricidad diseñado en el laboratorio. Los sujetos experimentales toman decisiones sobre la cantidad de electricidad que desean consumir en tres contextos ...
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Individual Characteristics vs. Experience: An Experimental Study on Cooperation in Prisoner's Dilemma
Frontiers Media (2017-04-20)Cooperative behavior is often assumed to depend on individuals’ characteristics, such as altruism and reasoning ability. Evidence is mixed about what the precise impact of these characteristics is, as the subjects of ...
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Market games as social dilemmas
Elsevier (2018-11)In an experimental exchange market based on Shapley and Shubik (1977), two types of players with different preferences and endowments independently submit quantities of the goods they wish to exchange. In this context, ...
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Market risk aversion under volatility shifts: An experimental study
Elsevier (2022-03-15)We propose an experiment to analyze the relationship between volatility regimes and investors’ behavior and explore the mechanism by which aggregated risk aversion is configured. We design a market in which the volatility ...
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Measuring Investors' Socially Responsible Preferences in Mutual Funds.
© Springer, Part of Springer Science+Business Media (2011-10)The aim of this study is to analyze investor behavior towards socially responsible mutual funds. The analysis is based on an experimental study where a sample of individuals takes investment decisions under different ...
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On rational forward-looking behavior in economic geography: An experimental analysis
Elsevier (2021)This paper adapts the canonical New Economic Geography model for experimental testing of the model's behavioral assumptions by developing a finite-player, finite-horizon dynamic game of migration. Our analysis gives ...
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Punishing liars—How monitoring affects honesty and trust
Public Library of Science (2018)Previous experiments have shown that the possibility to punish liars does not per se increase honesty in principal-agent relationships. In this study, we first establish a punishment mechanism that substantially enhances ...
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Punishment and disclosure probabilities in an experimental deception game
Universidad de Navarra (2017-09-07)Previous findings have shown tha t punishment does not necessarily reduce deception i n principal agent - relationships . We shed further light on this issue by first identifying a ...
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Risk attitude elicitation using a multi-lottery choice task: Real vs. hypothetical incentives
Editorial de Derecho Financiero (2011-10)We present a bi-dimensional multi lottery choice task which can be used in order to elicit the agents' risk attitudes in financial environments. This task is implemented both with hypothetical and real monetary incentives ...
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Should I default on my mortgage even if I can pay? Experimental evidence
Elsevier (2019-08-21)We study strategic default in the laboratory, i.e., in a controlled experiment. Subjects are initially endowed with a house and a mortgage (we use neutral wording in the experiment), and must decide at each period in which ...
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Take the Money and Run: Psychopathic Behavior in the Trust Game
Frontiers Media (2016-11)We study the association among different sources of individual differences such as personality, cognitive ability and risk attitudes with trust and reciprocate behavior in an incentivized experimental binary trust game in ...
