One constraint we face as economists is not being able to observe all the relevant variables
required to test our theories or make policy prescriptions. Laboratory techniques allow us to …

Economists, psychologists, and marketers are interested in determining the monetary value
people place on non-market goods for a variety of reasons: to carry out cost-benefit analysis …

We present a study on the evolution of publications about applications of proper scoring
rules. Specifically, we consider articles reporting the use of proper scoring rules when either …

Incentivized methods for eliciting subjective probabilities in economic experiments present
the subject with risky choices that encourage truthful reporting. We discuss the most …

Sanctioning institutions are of utmost importance for overcoming free-riding tendencies and
enforcing outcomes that maximize group welfare in social dilemma situations. We …

We investigate the relationship between individual trust and individual economic
performance. We find that individual income is hump-shaped in a measure of intensity of …

Using data on one-shot games, we investigate whether players' actions can be viewed as
responses to underlying expectations about their opponent's behaviour. In our laboratory …

Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to
payments for other decisions. But this allows risk-averse subjects to hedge with their stated …

Four experiments explored the psychological processes by which people make comparative
social judgments. Each participant chose how much money to wager on beating an …

We examine the robustness of information cascades in laboratory experiments. Apart from
the situation in which each player can obtain a signal for free (as in the experiment by …