Articles (peer-reviewed) [1072]

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Forthcoming
Concession Bargaining – An Experimental Comparison of Protocols and Time Horizons
The Journal of Conflict Resolution
forthcoming
Endogenous information acquisition in matching problems
Social Choice and Welfare
forthcoming
Endogenous role assignment and team performance
International Economic Review
forthcoming
Evidence-Based Jurisprudence meets Legal Linguistics. Unlikely Blends Made in Germany
Brigham Young University Law Review (BYU L. Rev.)
43
forthcoming
Forum Selling Abroad
Southern California Law Review
forthcoming
If the Worst Comes to the Worst. Dictator Giving When Recipient’s Endowments are Risky
European Economic Review
forthcoming
Abstract
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient they know to have the expected value of the endowment with certainty. They are particularly concerned about the possibility that a recipient leaves the lab with no payoff from the game.
Information Aggregation Through Stock Prices and the Cost of Capital
Journal of Institutional and Theoretical Economics
forthcoming
Literacy and the migrant-native wage gap
Review of Income and Wealth
forthcoming
Sorting and communication in weak-link group contests
Journal of Economic Behavior and Organization
forthcoming
Thinking about Prices versus Thinking about Returns in Financial Markets
Journal of Finance
forthcoming
Abstract
Prices and returns are alternative ways to present information and to elicit expectations in financial markets. But do investors think of prices and returns in the same way? We present three studies with subjects having various levels of expertise, amount of information, and different incentive schemes. The results are consistent across all studies: Asking subjects to forecast returns as opposed to prices results in higher expectations, whereas showing them return charts as opposed to price charts results in lower expectations. Experience is not a useful remedy but cognitive reflection mitigates the impact of format changes.