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Articles 1 - 11 of 11

Full-Text Articles in Economics

Data For "Agency, Benevolence And Justice", Prithvijit Mukherjee, J. Dustin Tracy Feb 2022

Data For "Agency, Benevolence And Justice", Prithvijit Mukherjee, J. Dustin Tracy

ESI Data Sets

We test for social norms regarding how agents should select between risky prospects for principals, including norms consistent with beneficence and justice propositions from Adam Smith. We elicit norms from subjects serving as "impartial spectator[s]" about choice of risky prospect selected by the agents. We find strong evidence for the existence of norms, consistent with the Smith propositions. Furthermore we find that agents are more likely to select more normative options. In contrast, we find that principals' allocation for bonuses depends on the realization of the risky prospect rather than whether the agents choice was consistent with the norm.


Data For "Uncertainty And Reputation Effects In Credence Goods Markets", Eric Schniter, J. Dustin Tracy, Vojtěch Zíka Aug 2021

Data For "Uncertainty And Reputation Effects In Credence Goods Markets", Eric Schniter, J. Dustin Tracy, Vojtěch Zíka

ESI Data Sets

Credence-goods experiments have focused on stylized settings in which experts can perfectly identify the buyer’s best option and that option works without fail. However, in nature credence goods involve uncertainties that complicate assessing the quality of service and advice. We introduce two sources of uncertainty into a credence goods experiment. The first is diagnostic uncertainty; experts receive a noisy signal of buyer type so might make an ‘honest’ mistake when advising what is in buyers’ best interests. The second is service uncertainty; the services available to the buyer do not always work. Both sources of uncertainty make detection of expert …


Data For "An Experimental Investigation Of Health Insurance Policy And Behavior", J. Dustin Tracy, Hillard Kaplan, Kevin James, Stephen Rassenti Nov 2020

Data For "An Experimental Investigation Of Health Insurance Policy And Behavior", J. Dustin Tracy, Hillard Kaplan, Kevin James, Stephen Rassenti

ESI Data Sets

We introduce a new experimental approach to measuring the effects of health insurance policy alternatives on behavior and health outcomes over the life course. Cash-motivated subjects are placed in a virtual environment where they earn income and allocate it across multi-period lives. We compare behavior across age, income and insurance plans---one priced according to an individual's expected cost and the other uniformly priced through employer-implemented cost sharing. We find that 1) subjects in the employer-implemented plan purchased insurance at higher rates; 2) the employer-based plan reduced differences due to income and age; 3) subjects in the actuarial plan engaged in …


Data For "Consistent Differences In A Virtual World Model Of Ape Societies", Bart J. Wilson, Sarah F. Brosnan, Elizabeth V. Lonsdorf, Crickette M. Sanz Aug 2020

Data For "Consistent Differences In A Virtual World Model Of Ape Societies", Bart J. Wilson, Sarah F. Brosnan, Elizabeth V. Lonsdorf, Crickette M. Sanz

Business and Economics Faculty Data Sets

The zip file contains the data for the paper entitled "Consistent Differences in a Virtual World Model of Ape Societies" which appears in Scientific Reports.


Box Office Showdown: How Does Movie Market Saturation Affect First Weekend Box Office Revenues?, Matthew Steele May 2019

Box Office Showdown: How Does Movie Market Saturation Affect First Weekend Box Office Revenues?, Matthew Steele

Economics Honors Projects

The scheduling of release dates for feature films is among the most important decisions that movie studios make in the life cycle of a movie. While the economic literature on the movie industry has largely focused on modeling the box office success of a movie based on its own characteristics—star power, critical reception, and trailer data—there is a dearth of literature concerning the way that competition from within the industry affects box office revenues. This article primarily uses a propensity score matching model to fill a gap in the literature, establishing causal relationships between different forms of competition and first …


Opec, The Seven Sisters, And Oil Market Dominance: An Evolutionary Game Theory And Agent-Based Modeling Approach, Aaron Wood, Charles F. Mason, David C. Finnoff Dec 2015

Opec, The Seven Sisters, And Oil Market Dominance: An Evolutionary Game Theory And Agent-Based Modeling Approach, Aaron Wood, Charles F. Mason, David C. Finnoff

Charles F Mason

No abstract provided.


The Rise Of Planning In Industrial America, 1865-1914 Dec 2011

The Rise Of Planning In Industrial America, 1865-1914

Richard Adelstein

How American firms grew very large after the Civil War, and how Americans responded to them.


Eco-Labeling And Market Equilibria With Noisy Certification Tests, Charles F. Mason Mar 2011

Eco-Labeling And Market Equilibria With Noisy Certification Tests, Charles F. Mason

Charles F Mason

No abstract provided.


The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky Jan 1997

The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky

Charles F Mason

No abstract provided.


Entry Deterrence In The Commons, Charles F. Mason, Stephen Polasky Apr 1994

Entry Deterrence In The Commons, Charles F. Mason, Stephen Polasky

Charles F Mason

No abstract provided.


Imperfect Product Testing And Market Size, Charles F. Mason, Frederic P. Sterbenz Jan 1994

Imperfect Product Testing And Market Size, Charles F. Mason, Frederic P. Sterbenz

Charles F Mason

No abstract provided.