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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Religious Identity and the Provision of Public Goods: Evidence from the Indian Princely States, Latika Chaudhary and Jared Rubin

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Resource Allocation Contests: Experimental Evidence, Robert Shupp, Roman M. Sheremeta, David Schmidt, and James Walker

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Second-to-Fourth Digit Ratio has a Non-Monotonic Impact on Altruism, Pablo Brañas-Garza, Jaromir Kovarik, and Levent Neyse

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Shape Homogeneity and Scale Heterogeneity of Downside Tail Risk, Kyle Moore, Pengfei Sun, Casper de Vries, and Chen Zhou

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Short- and Long-run Goals in Ultimatum Bargaining, Antonio M. Espín, Filippos Exadaktylos, Benedikt Herrmann, and Pablo Brañas-Garza

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Sustaining Group Reputation, Erik O. Kimbrough and Jared Rubin

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The All-Pay Auction with Complete Information and Identity-Dependent Externalities, Bettina Klose and Dan Kovenock

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The Effect of Earned vs. House Money on Price Bubble Formation in Experimental Asset Markets, Brice Corgnet, Roberto Hérnan-Gonzalez, Praveen Kujal, and David Porter

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The Impact of Competition on Prices with Numerous Firms, Xavier Gabaix, David Laibson, Deyuan Li, and Hongyi Li

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The Relative Efficacy of Price Announcements and Express Communication for Collusion: Experimental Findings, Joseph E. Harrington Jr., Roberto Hérnan-Gonzalez, and Praveen Kujal

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Three-Player Trust Game with Insider Communication, Roman M. Sheremeta and Jingjing Zhang

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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