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From a theoretical perspective, cash balances are thought to play a role in common value auctions because of limited liability. However, they have also been found to be important in common value aucti...
When I interact with colleagues and friends who are venturing into experimental economics, either as they prepare for their own experiment, or aim for a critical view of experiments run by others, I o...
This article presents an experimental setup that has been used successfully to teach concepts in the economics of auctions, and implications for e-Business procurement. The experiment is easily admini...
A growing body of evidence suggests that uncertainty is counter cyclical, rising sharply in recessions and falling in booms. But what is the causal relationship between uncertainty and growth? To iden...
This paper analyzes the effects of information about inequality and taxes on preferences for redistribution using randomized online surveys on Amazon Mechanical Turk (mTurk). About 5,000 respondents w...
In a canonical model of collective action, individual contribution to collective action is negatively correlated with group size. Yet, empirical evidence on the group size effect has been mixed, partl...
This paper describes a major computational social science environment for conducting experiments in finance and economics, specifically for investigating trading algorithms and economic risk. Fo...
We analyze a controlled price formation experiment in the laboratory that shows evidence for bubbles. We calibrate two models that demonstrate with high statistical significance that these laboratory ...
The tools and modern techniques used in the Design of Experiments (DOE) have been proved successful in meeting the challenge of continuous improvement of food and agricultural products over the last f...
The article discusses several reports published within the section by various authors. Stephen Toler and colleagues have discussed farmers markets, fairness and local production. David R. Just and Bri...
The article discusses several reports published within the section by various authors. Stephen Toler and colleagues have discussed farmers markets, fairness and local production. David R. Just and Bri...
Recessions are associated with both rising oil prices and increases in the federal funds rate. Are recessions caused by the spikes in oil prices or by the sharp tightening of monetary policy? This pap...
The non-linear approach to economic dynamics enables us to study traditional economic models using modified formulations and different methods of solution. In this article we compare the dynamic prop...
Proving the existence of speculative financial bubbles even a posteriori has proven exceedingly difficult so anticipating a speculative bubble ex ante would at first seem an impossible task. Still as...

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