CentER

CentER is a world-class research institute that draws on the academic expertise of some of the most outstanding minds in the field of economics and business.

Center

Publications in Experimental Economics

Forthcoming

Drouvelis, Michail, Wieland Müller, and Alex Possajennikov, Signaling without a common prior: Results on experimental equilibrium selection, Games and Economic Behavior, forthcoming.

Engelmann, Dirk and Wieland Müller, Collusion through price ceilings? In search of a focal-point effect, Journal of Economic Behavior and Organization, forthcoming.

Kalayci, Kenan and Jan Potters, Buyer Confusion and Market Prices, International Journal of Industrial Organization, forthcoming.

Van de Kuilen, Gijs, and Peter Wakker, The midweight method to measure attitudes towards risk and ambiguity, Management Science, 57 (3), 2011, 582-598.

Reuben, Ernesto, and Sigrid Suetens, Revisiting strategic versus non-strategic cooperation, Experimental Economics, forthcoming.

Serra Garcia, Marta, Eric van Damme and Jan Potters, Hiding an inconvenient truth: Lies and vagueness, Games and Economic Behavior, forthcoming.

Suetens, Sigrid, and Jean-Robert Tyran, The gambler's fallacy and gender, Journal of Economic Behavior & Organization, forthcoming.

2010

Booij, Adam, Bernard van Praag, and Gijs van de Kuilen, A parametric analysis of prospect theory’s functionals for the general population, Theory and Decision 68 (1/2), 2010, 115-148.

Cardinaels, Eddy, and Paula van Veen-Dirks, Financial versus non-financial information: the impact of information organization and presentation in a Balanced Scorecard, Accounting, Organizations and Society 35 (6), 2010, 565-578.

Müller, Wieland and Andrew Schotter, Workaholics and Dropouts in Organizations, Journal of the European Economic Association, 8(4), 2010, 717-743 .

Noussair, Charles, and Owen Powell, Peaks and valleys: Price discovery in experimental asset markets with non-monotonic fundamentals, Journal of Economic Studies 37(2), 2010, 152-180.

2009

Aalbers, Rob, Eline van der Heijden, Jan Potters, Daan van Soest, and Herman Vollebergh, Technology Adoption Subsidies: An Experiment with Managers, Energy Economics, 31(3), 431-442.

Booij, Adam, and Gijs van de Kuilen (2009), A parameter-free analysis of the utility of money for the general population under prospect theory, Journal of Economic Psychology, 30 (4), 651-666.

Harmgart, Heike, Wieland Mueller, and Steffen Huck (2009), The Miracle as a Randomization Device: A Lesson from Richard Wagner's Romantic Opera Tannhäuser und der Sängerkrieg auf Wartburg, Economics Letters, 102, 33-35 .

van der Heijden, Eline, Jan Potters & Martin Sefton (2009), Hierarchy and Opportunism in Teams, Journal of Economic Behavior and Organization, 69(1), 39-50.

van de Kuilen, Gijs (2009), Subjective Probability Weighting and The Discovered Preference Hypothesis, Theory and Decision, 67 (1) 1573-7187.

Müller, Wieland, Yossi Spiegel and Yaron Yehezkel, Oligopoly limit pricing: Experimental evidence, Games and Economic Behavior 66(1), 2009, 373-393.

Offerman, Theo, Joep Sonnemans, Gijs van de Kuilen and Peter Wakker (2009), A truth serum for non-Bayesians: Correcting Proper Scoring Rules for Risk Attitudes, Review of Economic Studies, 76, 1461-1189.

Potters, Jan, and Sigrid Suetens (2009), Cooperation in Experimental Games of Strategic Complements and Substitutes, Review of Economic Studies, 76(3), 1125-1147.

Potters, Jan (2009), Transparency about past, present and future conduct. Experimental evidence on the impact on competitiveness , in: Jeroen Hinloopen and Hans Normann (eds.), Experiments and Competition Policy, Cambridge: Cambridge University Press.

2008

Boone, Christophe, Carolyn Declerck and Sigrid Suetens (2008), Subtle social cues, explicit incentives and cooperation in social dilemmas, Evolution and Human Behavior, 29 (3), 179-188.

Cardinaels, Eddy (2008), The interplay between cost accounting knowledge and presentation formats in cost-based decision making, Accounting, Organizations and Society 33(6), 582-602.

Cardinaels Eddy, F. Roodhooft, L. Warlop and G. Van Herck (2008), Competitive pricing in markets with different overhead costs: Concealment or leakage of cost information, Journal of Accounting Research 46(4), 761-784.

Haile, Daniel, Karim Sadrieh and Harrie Verbon (2008), Self-serving dictators and economic growth, Journal of Economic Behavior and Organization 67, 573-586 .

Kübler, Dorothea, Wieland Müller, and Hans-Theo Normann (2008), Job market signaling and screening: An experimental comparison, Games and Economic Behavior , 64, 219-236 .

Miettinen, Topi and Sigrid Suetens (2008), Communication and guilt in a prisoner's dilemma, Journal of Conflict Resolution, 52 (6), 945-960.

Suetens, Sigrid (2008), Does R&D cooperation facilitate price collusion? An experiment, Journal of Economic Behavior and Organization 66, 822-836.

Tan, Fangfang (2008), Punishment in a Linear Public Good Game with Productivity Heterogeneity, De Economist 156(3), 269-293.

Vyrastekova, Jana, and Daan van Soest (2008), On the (in)effectiveness of rewards in sustaining cooperation, Experimental Economics 11, 53-65.

2007

Güth, Werner, Levati, M.V., Matthias Sutter and Eline van der Heijden, Leading by example with and without exclusion power in voluntary contribution experiments, Journal of Public Economics, 91(5-6), 1023-1042.

van der Heijden, Eline, Jan Nelissen and Jan Potters (2007), Opinions on the tax deductibility of mortgages and the consensus effect, De Economist, 155(2), 141-159.

Huck, Steffen, Kai Konrad, Wieland Mueller, Hans-Theo Normann (2007), The merger paradox and why aspiration levels let it fail in the laboratory, Economic Journal 117, 1073-1095.

Levati, M.V., Matthias Sutter and Eline van der Heijden (2007), Leading by example in a public goods experiment with heterogeneity and incomplete information, Journal of Conflict Resolution, 51(5), 793-818.

Potters, Jan, Martin Sefton and Lise Vesterlund (2007), Leading-by-example and signaling in voluntary contribution games: An experimental study, Economic Theory, 33(1), 169-182.

Suetens, Sigrid and Jan Potters, (2007), Bertrand colludes more than Cournot, Experimental Economics, 10(1), 71-77.

2006

Fischer, Sven, Werner Güth, Wieland Müller, and Andreas Stiehler, From ultimatum to Nash bargaining: Theory and experimental evidence, Experimental Economics, 9(1), 17-33.

Güth, Werner, Wieland Müller, and Jan Potters, Endogenous preemption on both sides of the market, Economics Letters, 93(1), 126-131.

Güth, Werner, Matthias Sutter, and Harrie Verbon, Voluntary versus compulsory solidarity - Theory and experiment, Journal of Institutional and Theoretical Economics, 162(2), 347-363.

Müller, Wieland, Allowing for two production periods in the Cournot duopoly: Experimental evidence, Journal of Economic Behavior and Organization, 60(1), 100-111.

Offerman, Theo, and Jan Potters, Does auctioning of entry licenses induce collusion? An experimental study, Review of Economic Studies, 73(3), 769-791.

Sadrieh, Karim, and Harrie Verbon, Inequality, cooperation, and growth: An experimental study, European Economic Review, 50(5), 1197-1222.

Van Soest, Daan and Jana Vyrastekova, Peer enforcement in CPR experiments: The relative effectiveness of sanctions and rewards, and the role of behavioral types, In J.A. List (Ed)., Using Experimental Methods in Environmental and Resource Economics, Cheltenham: Edward Elgar Publishing, pp. 113-136.

Suetens, Sigrid, Dissertation abstract: R&D cooperation and strategic decision-making in oligopoly: an experimental economics approach, Experimental Economics, 9, 175-6.

2005

Bellemare, Charles, Michaela Krause, Sabine Kröger, and Chendi Zhang, Myopic loss aversion: information feedback vs. investment flexibility, Economics Letters, 87(3), 2005, 319-324. Link to article

Huck, Steffen and Wieland Müller, Burning money and (pseudo) first-mover advantages: An experimental study on forward induction, Games and Economic Behavior, 51(1), 109-127.

Kirchsteiger, Georg, Muriel Niederle, Jan Potters, Endogenizing market institutions. An experimental approach, European Economic Review, 49(7), 1827-1853.

Müller, Wieland and Hans Normann, Conjectural variations and evolutionary stability: A rationale for consistency, Journal of Institutional and Theoretical Economics, 161(3), 491-502.

Potters, Jan, Martin Sefton and Lise Vesterlund, (2005) After You - Endogenous Sequencing in Voluntary Contribution Games, Journal of Public Economics89 (8), 1399-1419.

Van Soest, Daan and Jana Vyrastekova, The effectiveness of centralized and decentralized institutions in managing biodiversity: Lessons from economic experiments, Chapter 15 in Kontoleon, A., U. Pascual and T. Swanson, Handbook of Biodiversity Economics, Cambridge: Cambridge University Press, forthcoming.

Suetens, Sigrid, Cooperative and noncooperative R&D in experimental duopoly markets, International Journal of Industrial Organization, 23, 63-82.

2004

Fischer, Maria-Elisabeth, Bernd Irlenbusch, and Karim Sadrieh, An Intergenerational Common Resource Pool Experiment, Journal of Environmental Economics and Management 48(2), 2004, 811-836.

Huck Steffen, Wieland Müller and Hans-Theo Normann, Strategic Delegation in Experimental Markets, International Journal of Industrial Organization, 22(4), 2004 561-574.

Krause, Michaela, Sabine Kröger, and Jan Potters, "Insight from Experimental Economics for Market Regulation", Tijdschrift voor Economie en Management 49, 2004, 217-237. Discussion Paper version.

Potters, Jan, Bettina Rockenbach, Karim Sadrieh, Eric van Damme, Collusion under Yardstick Competition. An Experimental Study International Journal of Industrial Organization 22 (7), 2004, 1017-1038. Link to article, Discussion Paper

2003

Eichberger, Jürgen, Wieland Müller, and and Werner Güth, Attitudes towards risk: An experiment, Metroeconomica, 54(1), 2003, 89-124.

Gneezy, U., Kapteyn, A., and Potters, J., Evaluation Periods and Asset Prices in a Market Experiment, Journal of Finance 58 (2), 2003, 821-837.

Selten, R., K. Abbink, J. Buchta, and A. Sadrieh, How to Play 3x3-Games - A Strategy Method Experiment, Games and Economic Behavior 45(1), 2003, 19-37.

Moxnes, E. & Van der Heijden, E.C.M., The effect of leadership in a public bad experiment, The Journal of Conflict Resolution, 47(6), 773-795.

Vyrastekova, Jana and Daan van Soest, Centralized common pool management and local community participation, Land Economics 79(4), 2003, 500-514.

2002

Dufwenberg, Martin and Uri Gneezy, Information disclosure in auctions: an experiment, Journal of Economic Behavior and Organization 48, 2002, 431-444.

Güth, W., Offerman, T., Potters, J., Strobel, M., and Verbon, H., An experimental study on the crowding-out effect of public transfers in a model with multiple families, Scandinavian Journal of Economics 104 (4), 2002, 587-604.

Heijden, E. van der, Nelissen, J., and Verbon, H., Should the same side of the market always move first in a transaction? An experimental study, Journal of Institutional and Theoretical Economics 158 (2), 2002, 344-367.

Offerman, T., Potters, J., and Sonnemans, J. Imitation and belief learning in an oligopoly experiment, Review of Economic Studies 69 (4), 2002, 973-997.

2001

Heijden, E. van der, Nelissen, J., Potters, J., and Verbon, H.,(2001), Simple and complex gift exchange in thelaboratory,Economic Inquiry 39, 280-297.297.

Offerman, T., Potters, J., and Verbon, H., (2001), Cooperation in an overlapping generations experiment, Games and Economic Behavior 36, 264-275.

Abbink, K., G E Bolton, A. Sadrieh, and F.F. Tang (2001), Adaptive Learning versus Punishment in Ultimatum Bargaining, Games and Economic Behavior  37, 1-25.

Potters, J., and Winden, F. van, (2000), Professionals and students in a lobbying experiment. Professional rules of conduct and subject surrogacy, Journal of Economic Behavior and Organization 43,499-522.

Jacobsen, B., Potters, J., Schram, A., Winden, F. van, and Wit, J., (2000), (In)accuracy of a European political stockmarket: The influence of common value structures, European Economic Review 44, pp. 205-230.