Stanford Institute for Theoretical Economics
Summer 2013 Workshop
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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.
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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 Pietro Ortoleva, Columbia University
No Two Experiments are Identical presented by Yoram Halevy, University of British Columbia
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 Selectionpresented by Gary Charness, University of California, Santa Barbara
Endogenous Depth of Reasoning presented by Antonio Penta, University of Wisconsin, Madison and co-authored with Larbi Alaoui, Universitat Pompeu Fabra and Barcelona GSE
Stochastic Choice and Hedging presented by Pietro Ortoleva, Columbia University
No Two Experiments are Identical presented by Yoram Halevy, University of British Columbia
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 Selectionpresented by Gary Charness, University of California, Santa Barbara
Endogenous Depth of Reasoning presented by Antonio Penta, University of Wisconsin, Madison and co-authored with Larbi Alaoui, Universitat Pompeu Fabra and Barcelona GSE
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 withPaul Niehaus, University of California, San Diego
Less Is More: Communication Costs and Team Performance presented by Zachary Grossman,University of California, Santa Barbara
3:00 - 3:30 Coffee
3:30 - 4:30 Shorter Session 1
Institutions Build Intuitions: Evolving Cultures of Cooperation and Defection in the Laboratorypresented by Alexander Peysakhovich, Harvard University
Intuitive Generosity and the Inability to Draw Inference from Decision Time presented by María P. Recalde, University of Pittsburgh
Backward Induction in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence presented by Sevgi Yuksel, 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
2:00 - 3:00 Communication and Influence (Lab)
Interpersonal Influence presented by Lucas Coffman, The Ohio State University and co-authored withPaul Niehaus, University of California, San Diego
Less Is More: Communication Costs and Team Performance presented by Zachary Grossman,University of California, Santa Barbara
3:00 - 3:30 Coffee
3:30 - 4:30 Shorter Session 1
Institutions Build Intuitions: Evolving Cultures of Cooperation and Defection in the Laboratorypresented by Alexander Peysakhovich, Harvard University
Intuitive Generosity and the Inability to Draw Inference from Decision Time presented by María P. Recalde, University of Pittsburgh
Backward Induction in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence presented by Sevgi Yuksel, 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
Social observation Increases Prosociality of Choices and Visual Attention presented by Stephanie W. Wang, University of Pittsburgh
The Value of Information and the Role of Fairness in Bargaining presented by Judd B. Kessler, The Wharton School
Social observation Increases Prosociality of Choices and Visual Attention presented by Stephanie W. Wang, University of Pittsburgh
The Value of Information and the Role of Fairness in Bargaining presented by Judd B. Kessler, The Wharton School
10:30 - 11:30 Communication and Influence (Field)
Can a Small Nudge Affect Job Choice? Experimental Evidence from Teach for America presented byClayton Featherstone, University of Pennsylvania
Fundraising Through Online Social Networks: a Field Experiment on Peer-to-Peer Solicitationpresented by Ragan Petrie, George Mason University
Can a Small Nudge Affect Job Choice? Experimental Evidence from Teach for America presented byClayton Featherstone, University of Pennsylvania
Fundraising Through Online Social Networks: a Field Experiment on Peer-to-Peer Solicitationpresented by Ragan Petrie, George Mason University
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 British Columbia, 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
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 byJonathan Meer, Texas A&M University
Revisiting Gift-Exchange: Theoretical Considerations and a Field Test presented by Rosario Macera Parra, Universidad Catolica de Chile, and co-authored with Constanca Esteves-Sorenson, Yale University School of Management
1:30 - 2:30 State Dependent Choice
Time and State Dependence in an Ss Decision Experiment presented by Ryan Oprea, University of British Columbia, 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
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 byJonathan Meer, Texas A&M University
Revisiting Gift-Exchange: Theoretical Considerations and a Field Test presented by Rosario Macera Parra, Universidad Catolica de Chile, and co-authored with Constanca Esteves-Sorenson, Yale University School of Management
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 byIsabel 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
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 byIsabel 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
Long-Term Commitment and Cooperation presented by Frédéric Schneider, Zurich
10:30 - 11:00 Coffee
11:00 am - 12:00 Inequality and Group Behavior
Inequality and Relative Ability Beliefs presented by Jeffrey Butler, EINAUDI
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
9:30 - 10:30 Sustained Cooperation
Dissolution of Partnerships in Infinitely Repeated Games presented by Alistair J. Wilson, University of Pittsburgh
Long-Term Commitment and Cooperation presented by Frédéric Schneider, Zurich
10:30 - 11:00 Coffee
11:00 am - 12:00 Inequality and Group Behavior
Inequality and Relative Ability Beliefs presented by Jeffrey Butler, EINAUDI
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
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