Developments on Experimental Economics

Part I. Vernon L. Smith’s Speeches

1. Public Speech: “Markets, Capital Markets and Globalization”
Vernon L. Smith

2. Keynote Speech: “Foundations of Experimental Economics, Economic Design and Applications”
Vernon L. Smith

Part II. The Past and Future of Economic Experiments

3. Behavioral Decision Making at 50: Achievements, Prospects, and Challenges
Robin M. Hogarth

4. On the Weighting of Rare Events and the Economics of Small Decisions
Ido Erev

5. Trust, Fear, Reciprocity, and Altruism: Theory and Experiment
James C. Cox

6. What Have We Learned From Experimental Finance?
Shyam Sunder

7. Cheating in Markets: A Methodological Exploration
Daniel Friedman

8. Design Science: A Prelude
Tatsuyoshi Saijo

Part III. Non Game-Theoretic Individual Decision Making

9. Separation of Intertemporal Substitution and Time Preference Rate From Risk Aversion: Experimental Analysis With Reward Designs
Ryoko Wada, Sobei H. Oda

10. Signal Qualities, Order of Decisions, and Informational Cascades: Experimental Evidences
Sunichiro Sasaki

11. WTP and WTA for Expressway Services
Metin Senbil, Ryuichi Kitamura

12. Judgement in Small Decision-Making Problems
Takemi Fujikawa, Sobei H. Oda

Part IV. Game-Theoretic Individual Decision Making

13. The Effect of Inter-group Competition in the Prisoner’s Dilemma Game
Yoshio Iida

14. The Mixed Effect of Voluntary Revelation: Evidence from Threshold Public Goods Game Experiments
Yasuyo Hamaguchi

15. Trust and Reciprocity in Intergroup Relations: Differing Perspectives and Behaviors
Fei Song

16. Frames and Games
Jordi Brandts, Christiane Schwieren

17. Combinatorial Auction Bandwidth Trading: An Experimental Study
Charis Kaskiris, Rajul Jain, Ram Rajagopal, Pravin Varaiya

18. A Note on Peer Enforcement by Selective Exclusion: An Extended Abstract
Jana Vyrastekova, Daan Soest

Part V. Performance of the System

19. Recycling of Durable Goods: Modeling and Experiments
Nariaki Nishino, Hiroki Nakayama, Sobei H. Oda, Kanji Ueda

20. Decision Making in Artifactual Systems With Bounded Rationality
Tomomi Kito, Nobutada Fujii, Kanji Ueda

21. A Study on Virtual Market for Pareto Optimal Mediation in Economic Society
Toshiya Kaihara, Susumu Fujii

22. Empirical Tests of Exchange Rate Theory
Eric O’N. Fisher

23. Charting the Market: Fundamental and Chartist Strategies in a Participatory Stock Market Experiment
László Gulyás, Balázs Adamcsek

Part VI. Between the System and Individual Behaviour

24. Audit Credibility and the Audit Fees: A Theory and an Experimental Investigation
Tatsuhiko Kato

25. When Firms Contest in Markets: An Experiment
Utteeyo Dasgupta

26. How to Use Private Information in a Multi-person Zero-sum Game
Hiroyasu Yoneda, Gen Masumoto, Sobei H. Oda

27. A Price Competition Experiment Between Middlemen: Linear Function Case
Kazuhito Ogawa, Kouhei Iyori, Sobei H. Oda

28. Does the Level of Information Matter for Traders? On the Usefulness of Information in Experimental Asset Markets
Juergen Huber, Michael Kirchler, Matthias Sutter

29. A Laboratory Comparison of Arbitration Mechanisms: FOA and AFOA
Cary Deck, Amy Farmer, Dao-Zhi Zeng

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Keywords: BUSINESS & ECONOMICS / Management Science BUS042000