We investigate how strategic behavior is affected by the set of notions (frames) used when thinking about game. In our games action consists visual objects: each player must privately choose one, trying to match counterpart’s choice. propose a model where different player-types are aware attributes (hence, frames). One novelties an epistemic structure that allows players think new frames, after...

In a stock market experiment, we examine how regret avoidance influences the decision to sell an asset while its price changes over time. Participants know beforehand whether they will observe future prices after or not. Without prices, participants are affected only by about previously observed high (past regret), but when available, also avoid expected after-sale (future regret). Moreover, as...

In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food are found to be lower in the survey version with cheap talk. Our test can be seen as a test of hypothetical bias. This implies we cannot reject the hypothesis of a hypothetical bias for marginal WTP in choice experiments. JEL classification: C91, Q13

We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic equilibrium with interior equilibria and homogeneous players. JEL-classification code: C72, C91

We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic equilibrium with interior equilibria and homogeneous players. JEL-classification code: C72, C91

We examine gender differences in trust in another party’s cooperation (CC) or its ability (AC). While men and women do not differ concerning trust in cooperation, gender has a strong influence when trust in another subject’s ability is required. JEL-classification: C72, C91

Ellsberg’s experiment is extended to study the association between ambiguity aversion and violation of reduction of compound lotteries. It is shown that the two phenomena are strongly associated. Further analysis reveals two di¤erent forms of association, which correspond to alternative theoretical models that account for ambiguity attitudes. JEL Classi…cation: D81, C91.

In an experiment, we study risk-taking of cohabitating student couples, finding that couples’ decisions are closer to risk-neutrality than single partners’ decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results. JEL Classification: C91; C92.

Moral behavior is more prevalent when individuals cannot easily distort their beliefs self-servingly. Do seek to limit or enable ability beliefs? How do these choices affect behavior? Experiments with over 9,000 participants show preferences are heterogeneous—30 percent of prefer belief distortion, while 40 it, even if costly. A random assignment mechanism reveals that being assigned the prefer...

This manual describes a z-Tree (Fischbacher, 2007) implementation of the paper-based Social Vaule Orientation (SVO) Slider Measure by Murphy et al. (2011). Using the paperbased version instead of the slider-based version (as implemented on the SVO-Website) avoids server-traffic related delays we experienced in the latter implementation. JEL-Classification: C91, D03, D64