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The Advantage of Resource Queues over Spot Resource Markets: Decision Coordination in Experiments under Resource Uncertainty

Miguel A. Fonseca, Alexander Pfaff and Daniel Osgood.

in American Journal of Agricultural Economics

October 2012; p ublished online October 2012 .

Journal Article. Subjects: Design of Experiments; Microeconomics. 10718 words.

Farmers have to make key decisions, such as which crops to plant or whether to prepare the soil, before knowing how much water they will get. They face losses if they make costly decisions...

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Agricultural Decisions after Relaxing Credit and Risk Constraints

Dean Karlan, Robert Osei, Isaac Osei-Akoto and Christopher Udry.

in The Quarterly Journal of Economics

May 2014; p ublished online February 2014 .

Journal Article. Subjects: Economic Development; Design of Experiments; Production and Organizations; Agricultural Economics; Intertemporal Choice and Growth; Insurance. 19024 words.

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can limit...

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Ambiguity in Asset Markets: Theory and Experiment

Peter Bossaerts, Paolo Ghirardato, Serena Guarnaschelli and William R. Zame.

in The Review of Financial Studies

April 2010; p ublished online January 2010 .

Journal Article. Subjects: Economics; Design of Experiments; Financial Markets. 14064 words.

This paper studies the impact of ambiguity and ambiguity aversion on equilibrium asset prices and portfolio holdings in competitive financial markets. It argues that attitudes toward...

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Are Consumers in Developing Countries Willing to Pay More for Micronutrient-Dense Biofortified Foods? Evidence from a Field Experiment in Uganda

Shyamal Chowdhury, J. V. Meenakshi, Keith I. Tomlins and Constance Owori.

in American Journal of Agricultural Economics

January 2011; p ublished online January 2011 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Multiple or Simultaneous Equation Models; Multiple Variables; Design of Experiments; Agricultural Economics. 8597 words.

Vitamin A deficiency is a major health problem in Africa and in many other developing countries. Biofortified staple crops that are high in pro-vitamin A have the potential to reduce the...

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Are Results from Non-hypothetical Choice-based Conjoint Analyses and Non-hypothetical Recoded-ranking Conjoint Analyses Similar?

Faical Akaichi, Rodolfo M. Nayga and José M. Gil.

in American Journal of Agricultural Economics

July 2013; p ublished online May 2013 .

Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Design of Experiments. 8336 words.

Conflicting findings have been found in previous research that compared choice-based conjoint analysis and ranking conjoint analysis in a public good setting. The present paper revisits...

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Bad Boys: How Criminal Identity Salience Affects Rule Violation

Alain Cohn, Michel André Maréchal and Thomas Noll.

in The Review of Economic Studies

October 2015; p ublished online June 2015 .

Journal Article. Subjects: Law and Economics; Design of Experiments; Criminal Law; Economic Sociology. 9697 words.

We conducted an experiment with 182 inmates from a maximum security prison to analyze the impact of criminal identity salience on cheating. The results show that inmates cheat more when we...

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Bargaining and Reputation: An Experiment on Bargaining in the Presence of Behavioural Types

Matthew Embrey, Guillaume R. Fréchette and Steven F. Lehrer.

in The Review of Economic Studies

April 2015; p ublished online September 2014 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Design of Experiments; Information, Knowledge, and Uncertainy. 12742 words.

We conduct a series of laboratory experiments to understand what role commitment and reputation play in bargaining. The experiments implement the Abreu and Gul (2000) bargaining model that...

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Behavior in a Spatially Explicit Groundwater Resource: Evidence from the Lab

Jordan F. Suter, Joshua M. Duke, Kent D. Messer and Holly A. Michael.

in American Journal of Agricultural Economics

October 2012; p ublished online August 2012 .

Journal Article. Subjects: Design of Experiments; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Renewable Resources and Conservation. 11444 words.

This research uses laboratory experiments to examine how hydrogeologic properties of groundwater models influence decision making. The results reveal that pumping rates are highest when the...

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Behavioural and experimental economics: are they really transforming economics?

Ana C. Santos.

in Cambridge Journal of Economics

July 2011; p ublished online January 2011 .

Journal Article. Subjects: General Economics; Design of Experiments; Economic Methodology. 12876 words.

Behavioural and experimental economics are part of an increasingly pluralistic mainstream economics, sharing with other recently established research programmes the revision of fundamental...

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The Binarized Scoring Rule

Tanjim Hossain and Ryo Okui.

in The Review of Economic Studies

July 2013; p ublished online February 2013 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Design of Experiments. 9633 words.

We introduce a simple method for constructing a scoring rule to elicit an agent's belief about a random variable that is incentive compatible irrespective of her risk-preference. The agent...

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