The Handbook of Experimental Economics Results (2003)
Joyce E. Berg, John W. Dickhaut, Thomas A. Rietz, Jel Classifications B, Glenn Harrison, ...
On the Performance of the Lottery Procedure for Controlling Risk Preferences In theory, the lottery-based induction procedure for controlling risk preferences (Roth and Malouf, 1979; and Berg, Daley,...
Preference Reversals and Induced Risk Preferences: Evidence for Noisy Maximization.
Berg, Joyce E, Dickhaut, John W, Rietz, Thomas A
We combine two research lines: preference reversal research (Lichtenstein and Slovic, 1971) and research on lottery-based risk preference induction (Roth and Malouf, 1979). Our results are...
An experimental study of strategicinformation transmission
John W. Dickhaut, Kevin A. McCabe, Arijit Mukherji
We examine strategic information transmission in an experiment. Senders are privately informed about a state. They send messages to Receivers, who choose actions resulting in payoffs to Senders and...
On the Performance of the Lottery Procedure for Controlling Risk Preferences
Berg, Joyce E., Rietz, Thomas A., Dickhaut, John W., Charles R. Plott, Vernon L. Smith
The role of information asymmetry in escalation phenomena: Empirical evidence
Berg, Joyce E., Dickhaut, John W., Kanodia, Chandra
Economic rationality dictates that only incremental costs and benefits should affect decisions. Observed behavior often seems to violate this principle, resulting in unwarranted commitment to past...