Below you may find working papers from the Economic Science Institute at Chapman University.

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Submissions from 2019

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A Bias Aggregation Theorem, Mark Schneider

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Adding Tournament to Tournament: Combining Between-Team and Within-Team Incentives, Michael Majerczyk, Roman Sheremeta, and Yu Tian

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A Full Characterization of Best-Response Functions in the Lottery Colonel Blotto Game, Dan Kovenock and David Rojo Arjona

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An Experimental Investigation of Income, Insurance, and Investments in Health over the Life Course, J. Dustin Tracy, Hillard Kaplan, Kevin A. James, and Stephen Rassenti

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A Time to Print, a Time to Reform, Lars Boerner, Jared Rubin, and Battista Severgnini

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Classical Economics: Lost and Found, Sabiou M. Inoua and Vernon Smith

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Co-enforcement of Common Pool Resources: Experimental Evidence from TURFs in Chile, Carlos A. Chávez, James J. Murphy, and John K. Stranlund

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Cooperation Among Strangers With and Without a Monetary System, Maria Bigoni, Gabriele Camera, and Marco Casari

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Cournot Marked the Turn from Classical to Neoclassical Thinking, Vernon L. Smith and Sabiou M. Inoua

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Deciding to Delegate: On Distributional Consequences of Endogenous Delegation, Lara Ezquerra and Praveen Kujal

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Designing Call Auction Institutions to Eliminate Price Bubbles: Is English Dutch the Best?, Cary Deck, Maroš Servátka, and Steven Tucker

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Do Economic Inequalities Affect Long-Run Cooperation & Prosperity?, Gabriele Camera, Cary Deck, and David Porter

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Endogenous Market Formation and Monetary Trade: An Experiment, Gabriele Camera, Dror Goldberg, and Avi Weiss

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Give Me a Challenge or Give Me a Raise, Aleksandr Alekseev

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Investment Choice Architecture in Trust Games: When “All-in” Is Not Enough, Joaquin Gómez-Miñambres, Eric Schniter, and Timothy W. Shields

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Lying and Shirking Under Oath, Nicolas Jacquemet, Alexander James, Stéphane Luchini, James J. Murphy, and Jason F. Shogren

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Make It Too Difficult and I’ll Give-Up; Let Me Succeed and I’ll Excel: The Interaction between Assigned and Personal Goals, James Fan, Joaquin Gomez-Minambres, and Samuel Smithers

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Monetary Equilibrium and the Cost of Banking Activity, Paola Boel and Gabriele Camera

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Reconsidering Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets, Brice Corgnet, Cary Deck, Mark DeSantis, Kyle Hampton, and Erik O. Kimbrough

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Salience and Social Choice, Mark Schneider and Jonathan W. Leland

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The Attack and Defense Games, Roman Sheremeta

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The Effect of Social Information in the Dictator Game with a Taking Option, Tanya O'Garra, Valerio Capraro, and Praveen Kujal

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The Political Economy of Foreign Aid and Growth: Theory and Evidence, Sultan Mehmood and Avner Seror

Submissions from 2018

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A Dual System Model of Risk and Time Preferences, Mark Schneider

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Agglomeration and the Extent of the Market: An Experimental Investigation into Spatially Coordinated Exchange, Jordan Adamson

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A Theory of Conservative Revivals, Murat Iyigun, Jared Rubin, and Avner Seror

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Causal versus Consequential Motives in Mental Models of Agent Social and Economic Action: Experiments, and the Neoclassical Diversion in Economics, Vernon L. Smith

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Conditional Independence in a Binary Choice Experiment, Nathaniel Wilcox

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Culture and Colonial Legacy: Evidence from Public Goods Games, Latika Chaudhary, Jared Rubin, Sriya Iyer, and Anand Shrivastava

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Equilibrium Wage Rigidity in Directed Search, Gabriele Camera and Jaehong Kim

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Experimental Evidence on the Cyclicality of Investment, Cortney S. Rodet and Andrew Smyth

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Experimental Research on Contests, Roman M. Sheremeta

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Impulsive Behavior in Competition: Testing Theories of Overbidding in Rent-Seeking Contests, Roman M. Sheremeta

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Indefinitely Repeated Contests: An Experimental Study, Philip Brookins, Dmitry Ryvkin, and Andrew Smyth

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Modeling Interactions between Risk, Time, and Social Preferences, Mark Schneider

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Money is More Than Memory, Maria Bigoni, Gabriele Camera, and Marco Casari

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On Booms That Never Bust: Ambiguity in Experimental Asset Markets with Bubbles, Brice Corgnet, Roberto Hernán-González, and Praveen Kujal

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Partners or Strangers? Cooperation, Monetary Trade, and the Choice of Scale of Interaction, Maria Bigoni, Gabriele Camera, and Marco Casari

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Selection in the Lab: A Network Approach, Aleksandr Alekseev and Mikhail Freer

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The Distribution of Information and the Price Efficiency of Markets, Brice Corgnet, Mark DeSantis, and David Porter

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The Supply Side Determinants of Territory and Conflict, Jordan Adamson and Erik O. Kimbrough

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The Tug-of-War in the Laboratory, Cary Deck and Roman Sheremeta

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Trust in Humans and Robots: Economically Similar but Emotionally Different, Eric Schniter, Timothy W. Shields, and Daniel Sznycer

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Using Response Times to Measure Ability on a Cognitive Task, Aleksandr Alekseev

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Younger Federal District Court Judges Favor Presidential Power, Tom Campbell and Nathaniel T. Wilcox

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Your Money or Your Time? Experimental Evidence on Overbidding in All-Pay Auctions, Adriana Breaban, Charles N. Noussair, and Andreea Victoria Popescu

Submissions from 2017

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A Flexible and Customizable Method for Assessing Cognitive Abilities, Andrea Civelli and Cary Deck

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Bondholder Reorganization of Systemically Important Financial Institutions, Steven Gjerstad

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Bubbles in Experimental Asset Markets, Praveen Kujal and Owen Powell

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Deception and Reception: The Behavior of Information Providers and Users, Roman M. Sheremeta and Timothy W. Shields

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Equilibrium Play in Voluntary Ultimatum Games: Beneficence Cannot Be Extorted, Vernon L. Smith and Bart J. Wilson

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Exchange in the Absence of Legal Enforcement: Reputation and Multilateral Punishment under Uncertainty, Aidin Hajikhameneh and Jared Rubin

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Gender, Punishment, and Cooperation: Men Hurt Others to Advance Their Interests, Terence C. Burnham

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How Product Innovation Can Affect Price Collusion, Andrew Smyth

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Humans’ (Incorrect) Distrust of Reflective Decisions, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, and Stephen Rassenti

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Information (Non)Aggregation in Markets with Costly Signal Acquisition, Brice Corgnet, Cary Deck, Mark DeSantis, and David Porter

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Investing in the Presence of Massive Flows, Terence C. Burnham, Harry Gakidis, and Jeffrey Wurgler

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Loss Aversion and the Quantity-Quality Tradeoff, Jared Rubin, Anya Samek, and Roman M. Sheremeta

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Minimal Frames and Transparent Frames for Risk, Time, and Uncertainty, Jonathan Leland, Mark Schneider, and Nathaniel Wilcox

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Monitoring Institutions in Indefinitely Repeated Games, Gabriele Camera and Marco Casari

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New Hampshire Effect: Behavior in Sequential and Simultaneous Multi-Battle Contests, Shakun D. Mago and Roman M. Sheremeta

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No Mere Tautology: The Division of Labor is Limited by the Division of Labor, Andrew Smyth and Bart J. Wilson

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Profitable Horizontal Mergers Without Efficiencies Can Increase Consumer Surplus, Charles J. Thomas

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Risk Preference, Time Preference, and Salience Perception, Jonathan Leland and Mark Schneider

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Targeted Campaign Competition, Loyal Voters, and Supermajorities, Pierre C. Boyer, Kai A. Konrad, and Brian Roberson

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The Attack and Defense of Weakest Link Networks, Dan Kovenock, Brian Roberson, and Roman M. Sheremeta

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The Cultural Transmission of Trust Norms: Evidence from a Lab in the Field on a Natural Experiment, Jared Rubin and Elira Karaja

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The Ideological Roots of Institutional Change, Murat Iyigun and Jared Rubin

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The Optimal Defense of Networks of Targets, Dan Kovenock and Brian Roberson

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The Paradox of Power: Principal-Agent Problems and Fiscal Capacity in Absolutist Regimes, Debin Ma and Jared Rubin

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War and Conflict in Economics: Theories, Applications, and Recent Trends, Erik O. Kimbrough, Kevin Laughren, and Roman M. Sheremeta

Submissions from 2016

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All-Pay Auctions with Ties, Alan Gelder, Dan Kovenock, and Brian Roberson

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Ambiguity Framed, Mark Schneider, Jonathan W. Leland, and Nathaniel Wilcox

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A Perspective on Electronic Alternatives to Traditional Currencies, Gabriele Camera

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Arousal and Economic Decision Making, Salar Jahedi, Cary Deck, and Dan Ariely

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Asymmetric Social Norms, Gabriele Camera and Alessandro Gioffré

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Axioms for Salience Perception, Jonathan W. Leland and Mark Schneider

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Bringing a Natural Experiment into the Laboratory: The Measurement of Individual Risk Attitudes, Zuzana Brokesova, Cary Deck, and Jana Peliova

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Causes and Consequences of the Protestant Reformation, Sascha O. Becker, Steven Pfaff, and Jared Rubin

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Designing Contests Between Heterogeneous Contestants: An Experimental Study of Tie-Breaks and Bid-Caps in All-Pay Auctions, Aniol Llorente-Saguer, Roman M. Sheremeta, and Nora Szech

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Do Economic Inequalities Affect Long-Run Cooperation?, Gabriele Camera, Cary Deck, and David Porter

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Dual Process Utility Theory: A Model of Decisions Under Risk and Over Time, Mark Schneider

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Dynamic Behavior and Player Types in Majoritarian Multi-Battle Contests, Alan Gelder and Dan Kovenock

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Economic Analysis with Systematically Biased Agents, Mark Schneider

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Endogenous Market Formation and Monetary Trade: An Experiment, Gabriele Camera, Dror Goldberg, and Avi Weiss

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Focality and Asymmetry in Multi-battle Contests, Subhashish M. Chowdhury, Dan Kovenock, David Rojo Arjona, and Nathaniel Wilcox

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Gender Biases in Delegation, Eleonora Bottino, Teresa García-Muñoz, and Praveen Kujal

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Impulsive Behavior in Competition: Testing Theories of Overbidding in Rent-Seeking Contests, Roman M. Sheremeta

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Incentivizing Quantity and Quality of Output: An Experimental Investigation of the Quantity-Quality Trade-off, Jared Rubin, Anya Samek, and Roman M. Sheremeta

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Mean-Dispersion Preferences with a Specific Dispersion Function, Mark Schneider and Manuel Nunez

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Multi-Battle Contests: An Experimental Study, Shakun D. Mago and Roman M. Sheremeta

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Online Ad Auctions: An Experiment, Kevin McLaughlin and Daniel Friedman

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On the Robustness of Higher Order Risk Preferences, Cary Deck and Harris Schlesinger

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Optimal Tilts, Malcom Baker, Terence C. Burnham, and Ryan Taliaferro

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Payment Scheme Self-Selection in the Credence Goods Market: An Experimental Study, Hernan Bejerano, Ellen P. Green, and Stephen Rassenti

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Random Expected Utility and Certainty Equivalents: Mimicry of Probability Weighting Functions, Nathaniel Wilcox

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Salience, Framing, and Decisions under Risk, Uncertainty, and Time, Jonathan W. Leland and Mark Schneider

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The Effects of Alcohol Use on Economic Decision Making, Klajdi Bregu, Cary Deck, Lindsay Ham, and Salar Jahedi

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The Effects of Experience, Choice Architecture, and Cognitive Reflection in Individual and Strategic Decisions, Mark Schneider and David Porter

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The Impact of Taxes and Wasteful Government Spending on Giving, Roman M. Sheremeta and Neslihan Uler