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

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Submissions from 2013

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Top Guns May Not Fire: Best-Shot Group Contests with Group-Specific Public Good Prizes, Subhashish M. Chowdhury, Dongryul Lee, and Roman M. Sheremeta

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Two Monetary Models with Alternating Markets, Gabriele Camera and YiLi Chen

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What is a Fair Wage? Reference Points, Entitlements and Gift Exchange, Eleonora Bottino, Cintia Goddio, and Praveen Kujal

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When Parity Promotes Peace: Resolving Conflict Between Asymmetric Agents, Erik O. Kimbrough, Roman M. Sheremeta, and Timothy W. Shields

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Why Real Leisure Really Matters: Incentive Effects on Real Effort in the Laboratory, Brice Corgnet, Roberto Hérnan-Gonzalez, and Eric Schniter

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You Can’t Put Old Wine in New Bottles: The Effect of Newcomers on Coordination in Groups, Matthew W. McCarter and Roman M. Sheremeta

Submissions from 2012

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Ageism & Cooperation, Eric Schniter, Timothy W. Shields, and John Dickhaut

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An Alternating-Offers Model of Multilateral Negotiations, Charles J. Thomas

An Experiment on Protecting Intellectual Property, Joy A. Buchanan and Bart J. Wilson

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Are you a Good Employee or Simply a Good Guy? Influence Costs and Contract Design, Brice Corgnet and Ismael Rodriguez-Lara

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A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments, Emmanuel Dechenaux, Dan Kovenock, and Roman M. Sheremeta

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Asymmetry and Deception in the Investment Game, Irma Clots-Figueras, Roberto Hérnan-Gonzalez, and Praveen Kujal

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Balance Sheet Crises: Causes, Consequences and Responses, Steven Gjerstad and Vernon Smith

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Best-of-Three Contest Experiments: Strategic Versus Psychological Momentum, Shakun D. Mago, Roman M. Sheremeta, and Andrew Yates

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Binding Promises and Cooperation among Strangers, Gabriele Camera, Marco Casari, and Maria Bigoni

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Building and Rebuilding Trust with Promises and Apologies, Eric Schniter, Roman M. Sheremeta, and Daniel Sznycer

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Buyer's Equilibrium with Capacity Constraints and Restricted Mobility: A Recursive Approach, Gabriele Camera and Jaehong Kim

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Do Liars Believe? Beliefs and Other-Regarding Preferences in Sender-Receiver Games, Roman M. Sheremeta and Timothy W. Shields

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Endowment Origin, Demographic Effects and Individual Preferences in Contests, Curtis R. Price and Roman M. Sheremeta

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Experimental Evidence on the Properties of the California’s Cap and Trade Price Containment Reserve, Rachel Bodsky, Domenic Donato, Kevin James, and david porter

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Experimental Subjects are Not Different, Filippos Exadaktylos, Antonio M. Espín, and Pablo Brañas-Garza

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Extremism Drives Out Moderation, Bettina Klose and Dan Kovenock

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Facing Your Opponents: Social Identification and Information Feedback in Contests, Shakun D. Mago, Anya C. Savikhin, and Roman M. Sheremeta

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Goal Setting and Monetary Incentives: When Large Stakes Are Not Enough, Joaquín Gómez-Miñambres, Brice Corgnet, and Roberto Hérnan-Gonzalez

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Higher-Order Beliefs in Simple Trading Models, Timothy W. Shields and Baohua Xin

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Information Effects in Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, and David Porter

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Menu-Dependent Emotions and Self-Control, Joaquín Gómez-Miñambres and Eric Schniter

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

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Overdissipation and Convergence in Rent-seeking Experiments: Cost Structure and Prize Allocation Rules, Subhashish M. Chowdhury and Roman M. Sheremeta

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Performance-Based Compensation and Firm Value: Experimental Evidence, Glenn Pfeiffer and Timothy W. Shields

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Principal-Agent Settings with Random Shocks, Jared Rubin and Roman M. Sheremeta

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Side-Payments and the Costs of Conflict, Erik O. Kimbrough and Roman M. Sheremeta

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Strategies of Cooperation and Punishment Among Students and Clerical Workers, Maria Bigoni, Gabriele Camera, and Marco Casari

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There’s No Place Like Home, Joy A. Buchanan, Steven Gjerstad, and Vernon Smith

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Too Many Cooks Spoil the Broth: How the Tragedy of the Anticommons Emerges in Organizations, Matthew W. McCarter, Shirli Kopelman, Thomas A. Turk, and Candace Ybarra

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Why Can’t We Be Friends? Entitlements, Bargaining, and Conflict, Erik O. Kimbrough and Roman M. Sheremeta

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Winner-Take-All and Proportional-Prize Contests: Theory and experimental results, Roman M. Sheremeta, William A. Masters, and Timothy N. Cason

Submissions from 2011

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Asset Market Reactions to News: An Experimental Study, Gunduz Caginalp, David Porter, and Li Hao

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(Bad) Luck or (Lack of) Effort?: Comparing Social Sharing Norms Between US and Europe, Pedro Rey-Biel, Roman M. Sheremeta, and Neslihan Uler

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Behavioral Spillovers in Coordination Games, Timothy N. Cason, Anya C. Savikhin, and Roman M. Sheremeta

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Cognitive Effort in the Beauty Contest Game, Pablo Brañas-Garza and Teresa García-Muñoz

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Combinatorial Clock Auctions: Price Direction and Performance, David R. Munro and Stephen J. Rassenti

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Conflicted Minds: Recalibrational Emotions Following Trust-Based Interaction, Eric Schniter, Roman M. Sheremeta, and Timothy W. Shields

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Don’t Ask Me If You Will Not Listen: The Dilemma of Participative Decision Making, Brice Corgnet and Roberto Hérnan-Gonzalez

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Double Bubbles in Assets Markets with Multiple Generations, Cary Deck, David Porter, and Vernon Smith

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Intimidation or Impatience? Jump Bidding in On-line Ascending Automobile Auctions, David Grether, David Porter, and Matthew Shum

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Moral Cleansing and Moral Licenses: Experimental evidence, Pablo Brañas-Garza, Marisa Bucheli, Maria Paz Espinosa, and Teresa García-Muñoz

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Reaction to Public Information in Markets: How Much Does Ambiguity Matter?, Brice Corgnet, Praveen Kujal, and David Porter

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Real Effort, Real Leisure and Real-time Supervision: Incentives and Peer Pressure in Virtual Organizations, Brice Corgnet, Roberto Hérnan-Gonzalez, and Stephen J. Rassenti

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Resolving Conflicts by a Random Device, Erik O. Kimbrough, Roman M. Sheremeta, and Timothy W. Shields

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Restoring Damaged Trust with Promises, Atonement and Apology, Eric Schniter, Roman M. Sheremeta, and Daniel Sznycer

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Self-Discrimination: A Field Experiment on Obesity, Pablo Brañas-Garza and Antonios Proestakis

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Strategic Behavior in Schelling Dynamics: A New Result and Experimental Evidence, Juan Miguel Benito, Pablo Brañas-Garza, Penélope Hern´andez, and Juan A. Sanchis

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The Effect of Bidding Information in Ascending Auctions, Mun Chui, David Porter, Stephen Rassenti, and Vernon Smith

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The Effect of Reliability, Content and Timing of Public Announcements on Asset Trading Behavior, Brice Corgnet, Praveen Kujal, and David Porter

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Transparency, Efficiency and the Distribution of Economic Welfare in Pass-Through Investment Trust Games, Thomas A. Rietz, Roman M. Sheremeta, Timothy W. Shields, and Vernon Smith

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Trust, Reciprocity and Rules, Thomas A. Rietz, Eric Schniter, Roman M. Sheremeta, and Timothy W. Shields

Submissions from 2010

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Affecting Policy by Manipulating Prediction Markets: Experimental Evidence, Cary Deck, Shengle Lin, and David Porter

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A Generalized Tullock contest, Subhashish M. Chowdhury and Roman M. Sheremeta

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An Experimental Economic History of Whalers’ Rules of Capture, Bart J. Wilson, Taylor Jaworski, Karl Schurter, and Andrew Smyth

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Are Under- and Over-Reaction the Same Matter? A Price Inertia Based Account, Shengle Lin and Stephen J. Rassenti

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Best-of-Three Contests: Experimental Evidence, Shakun D. Mago, Roman M. Sheremeta, and Andrew Yates

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Can Markets Save Lives? An Experimental Investigation of a Market for Organ Donations, Cary Deck and Erik O. Kimbrough

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Do Analysts Tell the Truth? Do Shareholders Listen? An Experimental Study of Analysts' Forecasts and Shareholder Reaction, Timothy W. Shields

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Do Investors Trust or Simply Gamble?, Roman M. Sheremeta and Timothy W. Shields

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Durability, Re-trading and Market Performance, John Dickhaut, Shengle Lin, David Porter, and Vernon Smith

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Entry into Winner-Take-All and Proportional-Prize Contests: An Experimental Study, Timothy N. Cason, William A. Masters, and Roman M. Sheremeta

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Fight or Flight? Defending Against Sequential Attacks in the Game of Siege, Cary Deck and Roman M. Sheremeta

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Gradual Information Diffusion and Asset Price Momentum, Shengle Lin

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Household Expenditure Cycles and Economic Cycles, 1920 – 2010, Steven Gjerstad and Vernon Smith

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Make Him an Offer He Can't Refuse: Avoiding Conflicts Through Side Payments, Erik O. Kimbrough and Roman M. Sheremeta

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Mine and Thine: The Territorial Foundations of Human Property, Peter DeScioli and Bart J. Wilson

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Perfect and Imperfect Real-Time Monitoring in a Minimum-Effort Game, Cary Deck and Nikos Nikiforakis

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Perfect-Substitutes, Best-Shot, and Weakest-Link Contests between Groups, Roman M. Sheremeta

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Personality and the Consistency of Risk Taking Behavior: Experimental Evidence, Cary Deck, Jungmin Lee, and Javier Reyes

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Price Increasing Competition? Experimental Evidence, Cary Deck and Jingping Gu

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Simultaneous Decision-Making in Competitive and Cooperative Environments, Anya Savikhin and Roman M. Sheremeta

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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 Equivalence of Contests, Subhashish M. Chowdhury and Roman M. Sheremeta

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Visibility of Contributions and Cost of Information: An Experiment on Public Goods, Anya Savikhin and Roman M. Sheremeta

Submissions from 2009

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Anarchy, Groups, and Conflict: An Experiment on the Emergence of Protective Associations, Adam C. Smith, David B. Skarbek, and Bart J. Wilson

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Can Groups Solve the Problem of Over-Bidding in Contests?, Roman M. Sheremeta and Jingjing Zhang

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Contest Design: An Experimental Investigation, Roman M. Sheremeta

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Cooperation Spillovers in Coordination Games, Timothy N. Cason, Anya Savikhin, and Roman M. Sheremeta

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Endowment Effects in Contests, Curtis R. Price and Roman M. Sheremeta

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Expenditures and Information Disclosure in Two-Stage Political Contests, Roman M. Sheremeta

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Experimental Comparison of Multi-Stage and One-Stage Contests, Roman M. Sheremeta

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Go West Young Man: Self-Selection and Endogenous Property Rights, Taylor Jaworski and Bart J. Wilson

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Housing Market Price Tier Movements in an Expansion and Collapse, Steven Gjerstad

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Multi-Level Trust Game with “Insider” Communication, Roman M. Sheremeta and Jingjing Zhang

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Radio Spectrum and the Disruptive Clarity OF Ronald Coase, Thomas W. Hazlett, David Porter, and Vernon Smith

Submissions from 2008

A Neuronal Mechanism of Choice, John Dickhaut, O. Lungu, Vernon L. Smith, B. Xin, and A. Rustichini

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Can Manipulators Mislead Prediction Market Observers?, Ryan Oprea, David Porter, Chris Hibbert, Robin Hanson, and Dorina Tila

Decision Making and Trade without Probabilities, Jack Douglas Stecher, R. Lunawat, K. Pronin, and John Dickhaut

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Does Information Transparency Decrease Coordination Failure?, Regina M. Antci, John Dickhaut, Cathleen Johnson, and Chandra Kanodia

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Generating Ambiguity in the Laboratory, Jack Douglas Stecher, Timothy W. Shields, and John Dickhaut

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Group Prediction in Information Markets With and Without Trading Information and Price Manipulation Incentives, Dorina Tila and David Porter

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High Stakes Behavior with Low Payoffs: Inducing preferences with Holt-Laury gambles, John Dickhaut, Daniel Houser, Jason A. Aimone, Dorina Tila, and Cathleen Johnson

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Horizontal Product Differentiation in Auctions and Multilateral Negotiations, Charles J. Thomas and Bart J. Wilson

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War of Attrition: Evidence from a Laboratory Experiment on Market Exit, Ryan Oprea, Bart J. Wilson, and Arthur Zillante