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We experimentally investigate how price expectations are formed in a large asset market where subjects' only task is to forecast the future price of a risky asset. The realized prices depend on these expectations. We observe small (6 participants) and large markets (about 100 participants). In...
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In Becker et al. (2013a,b), we proposed a theory to explain giving behaviour in dictator experiments by a combination … of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance …
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