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Open AccessJournal ArticleDOI

z-Tree: Zurich toolbox for ready-made economic experiments

Urs Fischbacher
- 07 Feb 2007 - 
- Vol. 10, Iss: 2, pp 171-178
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.

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Time is Money: The Effect of Clock Speed on Seller's Revenue in Dutch Auctions

TL;DR: In this paper, the authors examined the role of timing in auctions under the premise that time is a valuable resource and showed that Dutch and first-price sealed bid auctions are strategically equivalent in standard models, and therefore they should yield the same revenue for the auctioneer.

Strategic Ignorance and the Robustness of Social Preferences

TL;DR: It is concluded that people will employ strategic ignorance to avoid a morally-fraught decision if they can do so passively, but having to actively choose ignorance betrays its usefulness and leads to behavior largely consistent with models of preferences over outcomes.
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Altered social and non-social decision-making in recreational and dependent cocaine users.

TL;DR: The results imply that both recreational and dependent cocaine users are more concerned with their own monetary gain when interacting with another person, which implies social interaction training and cognitive remediation strategies may improve treatment success and quality of life in cocaine dependence.
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The Willingness to Sell Personal Data

TL;DR: In this paper, the authors assess the individual willingness to sell personal data in laboratory experiments and find considerable heterogeneity in the data: roughly one in six participants refuse to sell Personal Data at all and a similar fraction sell their data for €2.50 or less.
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Is more information always better?: Experimental financial markets with cumulative information

TL;DR: This paper studied the value of information in financial markets by asking whether having more information always leads to higher returns and found that only the very best informed traders (i.e., insiders) significantly outperform less informed traders.
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

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.