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The behavioural approach can be applied to both the design of an auction as well as to the implementation of a bidding strategy. This paper reports a case study in which we assisted a bidder in the German DCS1800 auction in the preparation for its bidding. We describe the various steps on this...
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people to behave dishonestly. In an experiment, we study how AI advice (generated by a Natural-Language-Processing algorithm …
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people to behave dishonestly. In an experiment, we study how AI advice (generated by a Natural-Language-processing algorithm …
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the theoretical benchmark with behavior observed in a one-shot experiment. …
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A recent debate raises the question whether market interaction erodes social responsibility. In an experiment, we … negative externalities from trade by reducing donations to a charity that provides meals to needy children. Our results show …
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benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …
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