Stanford Institute for Theoretical Economics

Summer 2013 Workshop

 

 

Segment 7:Experimental Economics

August 23, 24 and 25, 2013.

Organized by Lise Vesterlund, University of Pittsburgh and Lucas Coffman, The Ohio State University; John Beshears, Graduate School of Business, Stanford University, and Charles Sprenger, Alvin Roth and Muriel Niederle, all Stanford University.

 
 

This Segment of SITE is partially sponsored by The Graduate School of Business, Stanford University

 

The session will meet in Conference Room A in Landau Economics Building.

Here is the map to the building.

 

Friday, August 23

8:15 - 8:45 Breakfast

8:45 - 9:00 Welcome

9:00 - 10:00 Decisions Under Uncertainty and Ambiguity
Stochastic Choice and Hedging presented by Marina Agranov, California Institute of Technology and co-authored with Pietro Ortoleva, Columbia University
No Two Experiments are Identical presented by Yoram Halevy, University of British Columbia and co-authored with Larry Epstein, Boston University

10:00 - 10:30 Coffee

10:30 - 12:00 Foundations of Game Theory and Strategy
Epistemic Foundations for the Failure of Nash Equilibrium presented by P.J. Healy, The Ohio State University
A Generalized Winner's Curse: An Experimental Investigation of Complexity and Adverse Selection presented by Gary Charness, University of California, Santa Barbara and co-authored with Dan Levin, The Ohio State University and David Schmeidler, Tel Aviv University
Endogenous Depth of Reasoning presented by Larbi Alaoui, Universitat Pompeu Fabra and Barcelona GSE, and co-authored with Antonio Penta, University of Wisconsin, Madison

12:00 - 2:00 Lunchtime discussion

2:00 - 3:00 Communication and Influence (Lab)
Interpersonal Influence presented by Lucas Coffman, The Ohio State University and co-authored with Paul Niehaus, University of California, San Diego
Less Is More: Communication Costs and Team Performance presented by Zachary Grossman, University of California, Santa Barbara, and co-authored with Gary Charness, also University of California, Santa Barbara, and David Cooper, Florida State University

3:00 - 3:30 Coffee

3:30 - 4:30 Shorter Session 1
Habits of Virtue: Creating Norms of Cooperation and Defection in the Laboratory presented by Alexander Peysakhovich, Harvard University and co-authored with David G. Rand, Yale University
Intuitive Generosity and the Inability to Draw Inference from Decision Time presented by María P. Recalde, University of Pittsburgh, and co-authored with Lise Vesterlund, University of Pittsburgh and Arno Riedl, Maastricht University
Backward Induction in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence presented by Sevgi Yuksel, New York University and co-authored with Matthew Embrey, Maastricht University and Guillaume R. Fréchette, New York University
Rationality and Consistent Beliefs: Theory and Experimental Evidence presented by Terri Kneeland, University of British Columbia

4:30 - 6:00 Informal Exchange

6:00 Continued discussion and dissemination of technical knowledge during dinner

Saturday, August 24

8:30 - 9:00 Breakfast

9:00 - 10:00 Developments in Fairness
What a Difference Payday Makes: The Effects of Financial Stress on Decision-Making presented by Stephanie W. Wang, University of Pittsburgh and co-authored with Leandro S. Carvalho, RAND and Stephan Meier, Columbia Business School
The Value of Information and the Role of Fairness in Bargaining presented by Judd B. Kessler, The Wharton School and co-authored with Muriel Niederle, Stanford University

10:00 - 11:30 Coffee

10:30 - 11:30 Communication and Influence (Field)
Can a Small Nudge Affect Job Choice? Experimental Evidence from Teach for America presented by Clayton Featherstone, University of Pennsylvania, and co-authored with Judd B. Kessler, also University of Pennsylvania and Lucas C. Coffman, The Ohio State University
Fundraising Through Online Social Networks: a Field Experiment on Peer-to-Peer Solicitation presented by Ragan Petrie, George Mason University and co-authored with Marco Castillo, also George Mason University, and Clarence Wardell, Tweenate, LLC

11:30 - 1:30 Lunchtime discussion

1:30 - 2:30 State Dependent Choice
Time and State Dependence in an Ss Decision Experiment presented by Ryan Oprea, University of California, Santa Barbara, and co-authored with Jacopo Magnani and Aspen Gorry, both University of California, Santa Cruz
Rational Inattention and State Dependent Stochastic Choice presented by Andrew Caplin, New York University, and co-authored with Mark Dean, Brown University

2:30 - 3:00 Coffee

3:00 - 4:00 Prosociality and Effort Provision
Why Do People Volunteer? An Experimental Analysis of Preferences for Time Donations presented by Alexander L. Brown, Texas A&M University, and co-authored with J. Forrest Williams and Jonathan Meer, both also Texas A&M University
Revisiting Gift-Exchange: Theoretical Considerations and a Field Test presented by Constanca Esteves-Sorenson, Yale University School of Management, and co-authored with Rosario Macera Parra, Universidad Catolica de Chile

4:00 - 4:15 Short Break and Informal Exchange

4:15 - 5:15 Shorter Session 2
Symmetry in Cold-to-Hot and Hot-to-Cold Valuation Gaps presented by Geoffrey Fisher, California Institute of Technology and co-authored with Antonio Rangel, also California Institute of Technology
The Realization Effect: Risk-Taking After Realized Versus Paper Losses presented by Alex Imas, Carnegie Mellon University
Is Response Time Predictive of Choice? An Experimental Study of Threshold Strategies presented by Isabel Trevino, New York University and co-authored with Andrew Schotter, also New York University
Correlation Neglect in Belief Formation presented by Florian Zimmermann, University of Bonn and co-authored with Benjamin Enke, also University of Bonn

6:00 Continued discussion and dissemination of technical knowledge during dinner

 

Sunday, August 25

9:00- 9:30 Breakfast

9:30 - 10:30 Sustained Cooperation
Dissolution of Partnerships in Infinitely Repeated Games presented by Alistair J. Wilson, University of Pittsburgh and co-authored with Hong Wu, University of Pittsburgh
Long-Term Commitment and Cooperation presented by Frédéric Schneider, Zurich, and co-authored with Roberto Weber, also University of Zurich

10:30 - 11:00 Coffee

11:00 am - 12:00 Inequality and Group Behavior
Inequality and Relative Ability Beliefs presented by Jeffrey Butler, EIEF
Equilibrium Tax Rates and Income Redistribution: A Laboratory Study presented by Marina Agranov, California Institute of Technology, and co-authored with Thomas R. Palfrey, also California Institute of Technology

12:00 Lunchtime discussion

 

 

 

SITE is funded by grants from the National Science Foundation and the Stanford Institute for Economic Policy Research (SIEPR). SITE receives additional financial support from the Department of Economics at Stanford University, which also houses its offices.