John Kagel and Alvin Roth Neuroeconomics
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چکیده
منابع مشابه
Macroeconomics: A Survey of Laboratory Research∗
This chapter surveys laboratory experiments addressing macroeconomic phenomena. The first part focuses on experimental tests of the micro-foundations of macroeconomic models discussing laboratory studies of intertemporal consumption/savings decisions, time (in)consistency of preferences and rational expectations. Part two explores coordination problems of interest to macroeconomists and mechani...
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Mainstream analysis of economic behavior assumes that economic incentives can shape behavior even when individual agents have limited understanding of the environment (see related arguments in Nash, 1950; Smith, 1962). The shaping process in these cases is indirect: The economic incentives determine the agents’ experience, and this experience in turn drives future behavior. Consider, for exampl...
متن کاملExperiments in Political Economy1
1 This was prepared for publication as a chapter in The Handbook of Experimental Economics, Volume 2, edited by John Kagel and Alvin Roth. The …nancial support of the National Science Foundation and the Gordon and Betty Moore Foundation is gratefully acknowledged. I wish to thank many coauthors and colleagues for sharing their insights about laboratory experimentation in political science and g...
متن کاملDivision of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Experiments in Political Economy
1 This was prepared for publication as a chapter in The Handbook of Experimental Economics, Volume 2, edited by John Kagel and Alvin Roth. The …nancial support of the National Science Foundation and the Gordon and Betty Moore Foundation is gratefully acknowledged. I wish to thank many coauthors and colleagues for sharing their insights about laboratory experimentation in political science and g...
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We create an environment in which congestion forces agents to match inefficiently early. We then introduce one of two centralized clearinghouse mechanisms. One of these has been successfully used to halt this kind of unraveling in a number of labor markets, while the other has failed. When it is costly for rms andworkers to bemismatched comparedwith the costs of matching early, the experimenta...
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