ABSTRACT
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It may be useful to begin by explaining what we think our book is about. Our aim, as we say in the Introduction, is 'to describe, appraise, and, where possible, adjudicate between different positions on how experiments do or do not... more
It may be useful to begin by explaining what we think our book is about. Our aim, as we say in the Introduction, is 'to describe, appraise, and, where possible, adjudicate between different positions on how experiments do or do not help us to understand the real ...
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Does the Random-Lottery Incentive System Elicit True ... A recurrent problem in experimental eco- nomics is that of ensuring that subjects have an incentive to give considered and truthful responses. One common experimental de- sign is ...
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EUROPEAN ECONOMIC REVIEW ELSEVIER European Economic Review 39 (1995) 641648 Incorporating a stochastic element into decision theories Graham Loomes a' *, Robert Sugden bi Department of Economics, University of York, York, Y01 ...
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Abstract Two roles of experiments in behavioural economics are distinguished – experiments as exhibits and experiments as tests of theories. An exhibit is an experimental design which reliably induces a surprising regularity, ...
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This paper shows that preferences elicited via a ranking procedure differ systematically from those generated by pairwise choices, even though nothing in formal decision theory entails any such differences. The data strongly suggest that... more
This paper shows that preferences elicited via a ranking procedure differ systematically from those generated by pairwise choices, even though nothing in formal decision theory entails any such differences. The data strongly suggest that one of the best-known violations of expected utility theory may largely be an artefact of the pairwise choice procedure. However, expected utility theory is not rehabilitated
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The focus for the Centre is research into individual and strategic decision-making using a combination of theoretical and experimental methods. On the theory side, members of the Centre investigate individual choice under ...
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... On Nudging: A Review of Nudge: Improving Decisions About Health, Wealth and Happiness by Richard H. Thaler and Cass R. Sunstein ... ABSTRACT This paper reviews the case for libertarian paternalism presented by Thaler and Sunstein in... more
... On Nudging: A Review of Nudge: Improving Decisions About Health, Wealth and Happiness by Richard H. Thaler and Cass R. Sunstein ... ABSTRACT This paper reviews the case for libertarian paternalism presented by Thaler and Sunstein in Nudge. ...
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Page 1. Page 2. Experimental Economics Page 3. Page 4. Experimental Economics Rethinking the Rules Nicholas Bardsley Robin Cubitt Graham Loomes Peter Moffatt Chris Starmer Robert Sugden Princeton University Press Princeton and Oxford Page... more
Page 1. Page 2. Experimental Economics Page 3. Page 4. Experimental Economics Rethinking the Rules Nicholas Bardsley Robin Cubitt Graham Loomes Peter Moffatt Chris Starmer Robert Sugden Princeton University Press Princeton and Oxford Page 5. ...
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The contingent valuation (CV) method is often described as a technique for eliciting preferences. The idea of eliciting--of drawing out--seems to pre- suppose the existence of preferences; the suggestion is that a ...
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... Thus the sum of the values of (wi/iOvi)/(i + awi/lvi) for all donors except h must be less than I - n/2. It follows that dz/dw7 ... In other words, if one person increases his contribution to a charity, the other donors will (if they... more
... Thus the sum of the values of (wi/iOvi)/(i + awi/lvi) for all donors except h must be less than I - n/2. It follows that dz/dw7 ... In other words, if one person increases his contribution to a charity, the other donors will (if they have Nash conjectures) reduce their gifts by almost the same ...
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Contractarianism and Norms* Robert Sugden "Nature hath made men so equal," Thomas Hobbes wrote in a famous passage, "in the faculties of the body, and mind; as that though there be found one man sometimes manifestly... more
Contractarianism and Norms* Robert Sugden "Nature hath made men so equal," Thomas Hobbes wrote in a famous passage, "in the faculties of the body, and mind; as that though there be found one man sometimes manifestly stronger ...
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It may be useful to begin by explaining what we think our book is about. Our aim, as we say in the Introduction, is 'to describe, appraise, and, where possible, adjudicate between different positions on how experiments do or do not... more
It may be useful to begin by explaining what we think our book is about. Our aim, as we say in the Introduction, is 'to describe, appraise, and, where possible, adjudicate between different positions on how experiments do or do not help us to understand the real ...
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AN EXPERIMENTAL INVESTIGATION OF FOCAL POINTS IN COORDINATION AND BARGAINING: SOME PRELIMINARY RESULTS Judith Mehta, Chris Starmer, and Robert Sugden* Abstract This paper reports an experimental investigation of the hypothesis that ...
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This paper proposes a concept of intentional cooperation for mutual benefit. This concept uses a form of team reasoning in which team members aim to achieve common interests, rather than maximising a common utility function, and in which... more
This paper proposes a concept of intentional cooperation for mutual benefit. This concept uses a form of team reasoning in which team members aim to achieve common interests, rather than maximising a common utility function, and in which team reasoners can coordinate their behaviour by following pre-existing practices. I argue that a market transaction can express intentions for mutually beneficial cooperation even if, extensionally, participation in the transaction promotes each party’s self-interest.