An Experimental Study ∗ Abstract (2009)
This paper investigates optimal play in coordination games in which cognition plays an important role. In our game logically omniscient players would be able to identify a distinct coordination...
Can incentives be effective when trying to encourage the development of good habits? We investigate the effect of paying people a non-trivial amount of money to attend an exercise facility a number...
International Journal of Industrial Organization (2007)
www.elsevier.com/locate/econbase Price competition and market concentration: an experimental study a b, *
Probability Judgments in Multi-Stage Problems: Experimental Evidence of Systematic Biases (2007)
We report empirical evidence that in problems of random walk with positive drift, bounded rationality leads individuals to under-estimate the probability of success in the long run. In particular,...
Experimental Investigation of Perceived Risk in Finite Random Walk Processes (2007)
The hypothesis that, on average, people accurately estimate probabilities in random walk processes is experimentally investigated. Individuals are confronted with a process that starts with $X, and...
Price Floors and Competition (2007)
Martin Dufwenberg Uri, Uri Gneezy, Jacob K. Goeree, Rosemarie Nagel
A potential source of instability of many economic models is that agents have little incentive to stick with the equilibrium. We show experimentally that this may matter with price competition. The...
Strong Evidence for Gender Differences in Investment (2007)
Are men more willing to take financial risks than women? The answer to this question has immediate relevance for many economic issues. We propose a novel approach in which we assemble the data from...
Revise and Resubmit, Journal of Economic Literature Gender Differences in Preferences (2004)
Economists and policy-makers have observed gender differences in a number of different domains, including consumption, investment and, perhaps of most concern, in the labor market. Two main empirical...
Gender Differences in Preferences (2004)
Economists and policy-makers have observed gender differences in a number of different domains, including consumption, investment and, perhaps of most concern, in the labor market. Two main empirical...
Portfolio Choice and Risk Attitudes: An Experiment (2003)
We study the following basic intuition: when faced with a decision how to split their investment between a risky lottery and an asset with a fixed return, people increase the proportion invested in...
On competing rewards standards - an experimental study of ultimatum bargaining (2003)
In the tradition of earlier experimental studies, this paper introduces competing reward standards by letting parties bargain over the distribution of chips. The monetary equivalents of a chip for...
On competing rewards standards - an experimental study of ultimatum bargaining (2003)
In the tradition of earlier experimental studies, this paper introduces competing reward standards by letting parties bargain over the distribution of chips. The monetary equivalents of a chip for...
Marital Investment, Time Consistency, and Emotions (2002)
Martin Dufwenberg, David Frankel, Uri Gneezy, Bo Larsson, Michael Lundholm
A benchmark model of a married couple's educational investment yields an inefficient outcome due to the possibility of opportunistic divorce. Motivated by findings in social psychology, I use...
Discrimination and Nepotism: the efficiency of the anonymity rule (2002)
Chaim Fershtman, Uri Gneezy, Frank Verboven
The paper considers two categories of discrimination: “discrimination against” and “discrimination in favor”, which Becker coins “nepotism”. The paper develops an experimental test to...
What's in a Name? Anonymity and Social Distance in Dictator and Ultimatum Games (2000)
The standard procedure in experimental economics maintains anonymity among laboratory participants. Yet, many field interactions are conducted with neither complete anonymity nor complete...
What’s in a Name? Anonymity and Social (2000)
Ultimatum Games, Gary Charness, Uri Gneezy, Ultimatum Games, Gary Charness, Uri Gneezy
The standard procedure in experimental economics maintains anonymity among laboratory participants. Yet, many field interactions are conducted with neither complete anonymity nor complete...
Information Disclosure in Auctions: An Experiment (2000)
: We report experimental results on the importance of information disclosure policy in first-price sealed-bid auctions. Interaction takes place in ten periods according to a random matching protocol,...
Direct vs Indirect Reciprocity: An Experiment (2000)
Martin Dufwenberg, Uri Gneezy, Werner Güth, Eric Van Damme
: In this paper we report experimental results that relate to the reciprocity experiment of Berg, Dickhaut, and McCabe (1995). We consider direct reciprocity, which means to respond in kind to...
Measuring Beliefs in an Experimental Lost Wallet Game (2000)
this paper, which was initially titled "Efficiency, Reciprocity, and Expectations in an Experimental Game," while we were both at the CentER for Economic Research at Tilburg University. We...
The Effect of Intergroup Competition on Group Coordination: An Experimental Study (1999)
Bornstein, Gary, Gneezy, Uri, Nagel, Rosemarie
We report an experiment on the effect of intergroup competition on group coordination in the minimal-effort game (Van Huyck et al., 1990). The competition was between two 7-person groups. Each player...
Marital Investments, Time Consistency, And Emotions (1999)
Martin Dufwenberg, Eric Van Damme, Eddie Dekel, Tone Dieckmann, David Frankel, Uri Gneezy, ...
: I study a married couple's investment in education when the monetary rewards from this activity accrue asymmetrically to the spouses across time and there is a possibility of unilateral...
Presents or Investments? (1998)
Gneezy, Uri, Güth, Werner, Verboven, Frank
Individuals frequently transfer commodities without an explicit contract or an implicit enforcement mechanism. We design an experiment to study whether such commodity transfers can be viewed as...
Presents or Investments? (1998)
Gneezy, Uri, Güth, Werner, Verboven, Frank
Individuals frequently transfer commodities without an explicit contract or an implicit enforcement mechanism. We design an experiment to study whether such commodity transfers can be viewed as...
Price competition and market concentration : an experimental study (1998)
Dufwenberg, Martin, Gneezy, Uri
The classical price competition model (named after Bertrand), prescribes that in equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the number of competitors. Since...
Price competition and market concentration : an experimental study (1998)
Dufwenberg, Martin, Gneezy, Uri
The classical price competition model (named after Bertrand), prescribes that in equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the number of competitors. Since...
Is A Price, Uri Gneezy, Aldo Rustichini
The deterrence hypothesis predicts that the introduction of a penalty for a specific behavior, which leaves everything else unchanged, will reduce the occurrence of that behavior. We present here the...
Pay Enough Or Don't Pay At All (1998)
: Economics seems largely based on the assumption that monetary incentives improve performance. By contrast, a large literature in psychology, including a rich tradition of experimental work, claims...
Recent discoveries in behavioral economics have led scholars to question the underpinnings of neoclassical economics. We use insights gained from one of the most influential lines of behavioral...
Psychology, Behavioral Economics, and Public Policy
On Amir, Dan Ariely, Alan Cooke, David Dunning, Nicholas Epley, Uri Gneezy, ...
Economics has typically been the social science of choice to inform public policy and policymakers. In the current paper we contemplate the role behavioral science can play in enlightening...
Dufwenberg, Martin, Gneezy, Uri, Güth, Werner, Van Damme, Eric
Direct reciprocity means to respond in kind to another person whereas indirect reciprocity is understood here as rewarding someone else. We perform corresponding experiments which use a similar...
Dufwenberg, Martin, Gneezy, Uri, Güth, Werner, Van Damme, Eric
Direct reciprocity means to respond in kind to another person whereas indirect reciprocity is understood here as rewarding someone else. We perform corresponding experiments which use a similar...
Antonides, Gerrit, Read, Daniel, Chapman, Gretchen, Gneezy, Uri, Hardman, David, Hogarth, Robin, ...
The Effect of Intergroup Competition on Group Coordination: An Experimental Study
Gary Bornstein, Uri Gneezy, Rosemarie Nagel
We report an experiment on the effect of intergroup competition on group coordination in the minimal-effort game (Van Huyck et al., 1990). The competition was between two 7-person groups. Each player...
Price Competition Between Teams
This study uses an experimental approach to examine whether markets are sensitive to the internal incentive structure of the competitors. Toward this goal, we modeled the competitors in a price...
Portfolio Choice and Risk Attitudes: An Experiment
We study the following basic intuition: when faced with a decision how to split their investment between a risky lottery and an asset with a fixed return, people increase the proportion invested in...
What's in a Name? Anonymity and Social Distance in Dictator and Ultimatum Games
The standard procedure in experimental economics maintains anonymity among laboratory participants. Yet, many field interactions are conducted with neither complete anonymity nor complete...
An Experimental Study of Information in Bargaining
Muriel Niederle, Guillaume Frechette, Uri Gneezy
Scores of experimental studies in two player bargaining games have shown the importance of fair outcomes in complete information environments. However, the case of complete information may be a...
An Experimental Investigation of Optimal Learning in Coordination Games
This paper presents an experimental investigation of optimal learning in repeated coordination games. We find evidence for such learning when we limit both the cognitive demands on players and the...
Direct versus Indirect Reciprocity: An Experiment
Martin Dufenberg, Uri Gneezy, Werner Güth, Eric Van Demme
In this paper we report experimental results that relate to the recprocity experiment of Berg, Dickhaut, and McCabe (1995). We consider direct reciprocity, which means to respond in kind to another...
Evaluation Periods and Asset Prices in a Market Experiment
Uri Gneezy, Arie Kapteyn, Jan Potters
We test whether the frequency of feedback information about the performance of an investment portfolio and the flexibility with which the investor can change the portfolio influence her risk attitude...
On the Interaction of Risk and Time Preferences: An Experimental Study
Vital Anderhub, Werner Güth, Uri Gneezy, Doron Sonsino
Experimental studies of risk and time preference typically focus on one of the two phenomena. The goal of this paper is to investigate the (possible) correlation between subjects' attitude to risk...
Are the Disabled Discriminated Against in Product Markets? Evidence from Sportscards to Sportscars
Social scientists have presented evidence that suggests discrimination is ubiquitous—across several heterogeneous labor markets, as well as product markets as diverse as home insurance and new...
Recent discoveries in behavioral economics have led scholars to question the underpinnings of neoclassical economics. We use insights gained from one of the most influential lines of behavioral...
Portfolio Choice and Risk Attitudes: An Experiment
We study the following basic intuition: when faced with a decision how to split their investment between a risky lottery and an asset with a fixed return, people increase the proportion invested in...
The inefficiency of splitting the bill
Uri Gneezy, Ernan Haruvy, Hadas Yafe
When agents are ascribed selfish motives, economic theory points to grave inefficiencies resulting from externalities. We study a restaurant setting in which groups of diners are faced with different...
Dan Ariely, Uri Gneezy, George Loewenstein, Nina Mazar
Most upper-management and sales force personnel, as well as workers in many other jobs, are paid based on performance, which is widely perceived as motivating effort and enhancing productivity...
Strategic Delegation: An Experiment.
We examine the effects of strategic delegation in a simple ultimatum game experiment. Specifically, we show that when the proposer uses a delegate, his share increases. Since in such a case the...
Price Competition and Market Concentration: An Experimental Study
Dufwenberg, Martin, Gneezy, Uri
The classical price competition model (named after Bertrand), prescribes that in equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the number of competitors. Since...
Price Competition and Market Concentration: An experimental Study
Dufwenberg, Martin, Gneezy, Uri
The classical price competition model (named after Bertrand), prescribes that in equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the number of competitors. Since...
Procurement and Information Feedback
Dufwenberg, Martin, Gneezy, Uri
A government that regularly procures the services of construction companies wants to minimize its costs. The instrument it can use is the level of information feedback given to the firms in the...
Dufwenberg, Martin, Gneezy, Uri, Goeree, Jacob K., Nagel, Rosemarie
A potential source of instability of many economic models is that agents have little incentive to stick with the equilibrium. We show experimentally that this may matter with price competition. The...
What's in a Name? Anonymity and Social Distance in Dictator and Ultimatum Games
The standard procedure in experimental economics maintains anonymity among laboratory participants. Yet, many field interactions are conducted with neither complete anonymity nor complete...
Discrimination and Nepotism: The Efficiency of the Anonymity Rule
Fershtman, Chaim, Gneezy, Uri, Verboven, Frank
The Paper considers two categories of discrimination: ‘discrimination against’ and ‘discrimination in favour’, which Becker coins ‘nepotism’. The Paper develops an experimental test to...
Performance In Competitive Environments: Gender Differences
Uri Gneezy, Muriel Niederle, Aldo Rustichini
Even though the provision of equal opportunities for men and women has been a priority in many countries, large gender differences prevail in competitive high-ranking positions. Suggested...
Discrimination In A Segmented Society: An Experimental Approach
This paper proposes an experimental approach to studying different aspects of discrimination. We let participants play various games with opponents of distinct ethnic affiliation. Strategies based...
Pay Enough Or Don'T Pay At All
Economists usually assume that monetary incentives improve performance, and psychologists claim that the opposite may happen. We present and discuss a set of experiments designed to test these...
An Experiment on Risk Taking and Evaluation Periods.
Does the period over which individuals evaluate outcomes influence their investment in risky assets? Results from this study show that the more frequently returns are evaluated, the more risk averse...
The Uncertainty Effect: When a Risky Prospect Is Valued Less Than Its Worst Possible Outcome
Uri Gneezy, John A List, George Wu
Expected utility theory, prospect theory, and most other models of risky choice are based on the fundamental premise that individuals choose among risky prospects by balancing the value of the...
Martin Dufwenberg, Uri Gneezy, Jacob Goeree, Rosemarie Nagel
Price competition, Price floors, Bertrand model, Experiment, Luce model, C72, C92, D43, L13,
Cognitive Forward Induction and Coordination without Common Knowledge: An Experimental Study
Andreas Blume, Andreas Blume, Uri Gneezy
. . .
Gender and competition at a young age
Gender gaps may be observed in a variety of economic and social environments. One of the possible determining factors is that men are more competitive than women and so, when the competitiveness of...
Vincent P. Crawford, Uri Gneezy, Yuval Rottenstreich
Since Schelling, it has often been assumed that players make use of salient decision labels to achieve coordination. Consistent with previous work, we find that given equal payoffs, salient labels...
Evaluation Periods and Assett Prices in a Market Experiment
Uri Gneezy, Arie Kapteyn, Jan Potters
The authors test the frequency of feedback information about the performance of an investment portfolio and the flexibility with which the investor can change the portfolio influence her risk...
Fershtman, Chaim, Gneezy, Uri, List, John
Models of inequity aversion and fairness have dominated the behavioural economics landscape in the last decade. This study gathers data from 240 subjects exposed to variants of two of the major...
Taboos: Considering the Unthinkable
Fershtman, Chaim, Gneezy, Uri, Hoffman, Moshe
A taboo is an "unthinkable" action, that is, even the thought of violating it triggers social punishment. Taboos are the social "thought police," discouraging individuals from considering certain...
An Experimental Investigation of Optimal Learning in Coordination Games
This paper presents an experimental investigation of optimal learning in repeated coordination games. We find evidence for such learning when we limit both the cognitive demands on players and the...
Gender Differences in Competition: Evidence from a Matrilineal and a Patriarchal Society
Uri Gneezy, Kenneth L. Leonard, John A. List
This study uses a controlled experiment to explore whether there are gender differences in selecting into competitive environments across two distinct societies: the Maasai in Tanzania and the Khasi...
The deterrence hypothesis predicts that the introduction of a penalty that leaves everything else unchanged will reduce the occurrence of the behavior subject to the fine. We present the result of a...
Discrimination and Nepotism: The Efficiency of the Anonymity Rule
Chaim Fershtman, Uri Gneezy, Frank Verboven
We develop an experimental test to distinguish between discrimination against and nepotism. The experiment compares the behavior toward individuals of different groups with the behavior toward...
Strong Evidence for Gender Differences in Investment
Are men more willing to take financial risks than women? The answer to this question has immediate relevance for many economic issues. We propose a novel approach in which we assemble the data from...
Can incentives be effective when trying to encourage the development of good habits? We investigate the effect of paying people a non-trivial amount of money to attend an exercise facility a number...
DAN ARIELY, URI GNEEZY, GEORGE LOEWENSTEIN, NINA MAZAR
Workers in a wide variety of jobs are paid based on performance, which is commonly seen as enhancing effort and productivity relative to non-contingent pay schemes. However, psychological research...
Can incentives be effective in encouraging the development of good habits? We investigate the post-intervention effects of paying people to attend a gym a number of times during one month. In two...
Do Women Supply more Public Goods than Men?
Andersen, Steffen, Bulte, Erwin, Gneezy, Uri, List, John A.
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Gender Differences in Preferences
This paper reviews the literature on gender differences in economic experiments. In the three main sections, we identify robust differences in risk preferences, social (other-regarding) preferences,...
Gender Differences in Competition: Evidence From a Matrilineal and a Patriarchal Society
Uri Gneezy, Kenneth L. Leonard, John A. List
We use a controlled experiment to explore whether there are gender differences in selecting into competitive environments across two distinct societies: the Maasai in Tanzania and the Khasi in India....