z-Tree: Zurich toolbox for ready-made economic experiments
TLDR
Z-Tree as mentioned in this paper is a toolbox for ready-made economic experiments, which allows programming almost any kind of experiments in a short time and is stable and easy to use.Abstract:
z-Tree (Zurich Toolbox for Ready-made Economic Experiments) is a software for developing and conducting economic experiments. The software is stable and allows programming almost any kind of experiments in a short time. In this article, I present the guiding principles behind the software design, its features, and its limitations.read more
Citations
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Myopic Investment Management
Kristoffer W. Eriksen,Ola Kvaløy +1 more
TL;DR: In this article, the authors test experimentally how individuals take risk with other people's money, and find that subjects behave consistently with myopic loss aversion over their clients' money and take less risk with their clients money than with their own.
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The two-person beauty contest
Brit Grosskopf,Rosemarie Nagel +1 more
TL;DR: A two-person beauty contest game with a unique Nash equilibrium that is identical to the game with many players is introduced, but it is found that a large majority of players do not choose zero.
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Inflation expectations and monetary policy design: evidence from the laboratory
Damjan Pfajfar,Blaž Žakelj +1 more
TL;DR: This article explored the interaction between the formation of inflation expectations and monetary policy design, and found that using actual rather than forecasted inflation produces lower inflation variability and reduce expectational cycles and that the forecasting rules chosen by subjects appear to vary systematically with the policy regime, with destabilizing mechanisms chosen more often when inflation control is weaker.
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The right amount of trust
TL;DR: In this article, the authors investigate the relationship between individual trust and individual economic performance and find that individual income is hump-shaped in a measure of intensity of trust beliefs and that the cost of either too much or too little trust is comparable to the income lost by foregoing college.
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The Impact of Information Sharing on Supply Chain Performance under Asymmetric Information
TL;DR: In this paper, the authors investigate the impact of information sharing in a principal-agent setting that is typical for many supply chain transactions and find that information sharing within the supply chain has two positive effects.
References
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z-Tree - Zurich toolbox for readymade economic experiments: experimenter's manual
TL;DR: The z-tree toolbox for readymade economic experiments as discussed by the authors allows to program and conduct a wide range of experiments, including simultaneous and sequential games as well as market experiments and posted offer markets.
Journal ArticleDOI
A simple mechanism for the efficient provision of public goods - experimental evidence
TL;DR: In this paper, a series of experiments designed to investigate the factor of incentive mechanisms in the case of private provisions of public goods is presented. But the results showed that the proposed incentive mechanism is very promising.
Posted Content
RatImage - research Assistance Toolbox for Computer-Aided Human Behavior Experiments
Klaus Abbink,Abdolkarim Sadrieh +1 more
TL;DR: RatImage contains Borland Turbo Pascal constans, variables, functions, and procedures which, when used, relieve programmers of many tedious and complex tasks, like graphical output, keyboard handling, mouse control, file access, and network communication.