Introduction to Experimental Economics

Prospect theory: An analysis of decision under risk

1988 • 34,484 citations

Theory of games and economic behavior

2019 • 17,685 citations

Evolution and the Theory of Games

1988 • 8,244 citations

The Bargaining Problem

1950 • 7,674 citations

Risk, Ambiguity, and the Savage Axioms

1961 • 7,563 citations

FOUNDATIONS OF STATISTICS

2001 • 7,247 citations

COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS

1961 • 7,189 citations

VERIFICATION OF FORECASTS EXPRESSED IN TERMS OF PROBABILITY

1950 • 4,617 citations

Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine

1953 • 3,997 citations

Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty

1982 • 3,852 citations

A Theory of Auctions and Competitive Bidding

1982 • 3,844 citations

Multipart pricing of public goods

1971 • 3,284 citations

A theory of anticipated utility

1982 • 3,136 citations

Reputation and imperfect information

1982 • 3,115 citations

The Utility Analysis of Choices Involving Risk

1948 • 3,029 citations

Experimental Tests of the Endowment Effect and the Coase Theorem

2000 • 2,667 citations

Rational cooperation in the finitely repeated prisoners' dilemma

1982 • 2,549 citations

Let's Take the Con Out of Econometrics

1983 • 2,356 citations

The Theory of Monopolistic Competition

1957 • 2,285 citations

The Adaptive Character of Thought

1991 • 2,269 citations

Predation, reputation, and entry deterrence

1982 • 1,841 citations

Two Sided Matching: A Study in Game-Theoretic Modeling and Analysis.

1992 • 1,805 citations

Other Solutions to Nash's Bargaining Problem

1975 • 1,766 citations

Experiments in Hearing

1963 • 1,763 citations

A Course in Microeconomic Theory

2020 • 1,728 citations

The Utility of Wealth

1952 • 1,671 citations

Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality

1993 • 1,661 citations

Attitudes Toward Risk: Experimental Measurement in Rural India

1980 • 1,610 citations

Bargaining and Markets

1990 • 1,372 citations

Tacit coordination games, strategic uncertainty, and coordination failure

1990 • 1,345 citations

Economists free ride, does anyone else?

1981 • 1,254 citations

Animal Intelligence: An Experimental Study of the Associative Processes in Animals

1898 • 1,165 citations

Economic Theory of Choice and the Preference Reversal Phenomenon

2006 • 1,121 citations

Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value

1984 • 1,096 citations

An Experimental Study of Competitive Market Behavior

1991 • 1,063 citations

Recherches sur les principes mathématiques de la théorie des richesses

1980 • 974 citations

Prisoner's Dilemma: A Study in Conflict and Co-operation.

1970 • 895 citations

Axiomatic Models of Bargaining

1979 • 824 citations

Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem

1977 • 813 citations

Attitudes Toward Risk: Theoretical Implications of an Experiment in Rural India

1981 • 757 citations

End behavior in sequences of finite Prisoner's Dilemma supergames A learning theory approach

1986 • 735 citations

Rational Cooperation in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence

1993 • 725 citations

Thinking through uncertainty: Nonconsequential reasoning and choice

1992 • 666 citations

A Bidding Model of Perfect Competition

1977 • 654 citations

Competitive Bidding in High-Risk Situations

1971 • 649 citations

Incentives in Public Decision-Making.

1980 • 645 citations

Divergent evidence on free riding: An experimental examination of possible explanations

1984 • 623 citations

Public goods provision in an experimental environment

1985 • 617 citations

Relative importance of probabilities and payoffs in risk taking.

1968 • 566 citations

The Winner's Curse and Public Information in Common Value Auctions: Reply

1999 • 544 citations

An Experimental Imperfect Market

1948 • 541 citations

The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value

1987 • 540 citations

Game-theoretic models and the role of information in bargaining.

1979 • 537 citations

Consistency in Statistical Inference and Decision

1961 • 534 citations

Experimental Methods: A Primer for Economists.

1996 • 501 citations

Estimating demand for public goods: An experiment

1972 • 475 citations

Intransitivity, Utility, and the Aggregation of Preference Patterns

1954 • 475 citations

Some Experimental Games

1958 • 467 citations

Selection Criteria in Coordination Games: Some Experimental Results

1990 • 464 citations

Collusive Bidder Behavior at Single-Object Second-Price and English Auctions

1987 • 451 citations

5 Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study

2009 • 446 citations

An Experimental Measurement of Utility

2007 • 436 citations

Theory and Behavior of Single Object Auctions

1991 • 415 citations

Prisoner's Dilemma

1993 • 400 citations

Equilibrium behavior and repeated play of the prisoner's dilemma

1978 • 381 citations

"Expected Utility" Analysis without the Independence Axiom

1982 • 378 citations

Preference Reversals and the Independence Axiom

1986 • 375 citations

Strategy and Market Structure

1960 • 370 citations

Learning the evolutionarily stable strategy

1981 • 352 citations

Observation of a Business Decision

1956 • 348 citations

Testing between alternative models of choice under uncertainty: Some initial results

1990 • 341 citations

Do Biases in Probability Judgment Matter in Markets? Experimental Evidence

1987 • 329 citations

I Won the Auction But Don't Want the Prize

1983 • 323 citations

Measuring the Value of a Public Good: An Empirical Comparison of Elicitation Procedures

1987 • 318 citations

An Experimental Study of the Auction-Value of an Uncertain Outcome

1948 • 317 citations

INCENTIVES AND BEHAVIOR IN ENGLISH, DUTCH AND SEALED-BID AUCTIONS

1980 • 307 citations

Game-Theoretic Models of Bargaining.

1987 • 301 citations

Allocating Uncertain and Unresponsive Resources: An Experimental Approach

1989 • 291 citations

An Experimental Examination of Two Exchange Institutions

1978 • 290 citations

The free rider problem: Experimental evidence

1984 • 288 citations

Theory and Misbehavior of First-Price Auctions

1987 • 287 citations

Choice between equally valued alternatives.

1975 • 270 citations

Decision Making: An Experimental Approach

1959 • 267 citations

The Indifference Function

1931 • 253 citations

Inconsistent preferences among gambles.

1971 • 253 citations

A Comparison of Naive and Experienced Bidders in Common Value Offer Auctions: A Laboratory Analysis

1989 • 243 citations

The Social Psychology of Bargaining.

1978 • 239 citations

Markov Learning Models for Multiperson Interactions

1962 • 233 citations

Controlling Preferences for Lotteries on Units of Experimental Exchange

1986 • 186 citations

Laboratory research in political economy

1991 • 186 citations

Some descriptive aspects of two-person non-zero-sum games

1959 • 182 citations

Bargaining, communication, and limited war

1957 • 174 citations

Experimental games: A review

2007 • 173 citations

Effectiveness of token rewards for chimpanzees.

1936 • 167 citations

The sealed-bid mechanism: An experimental study

1989 • 166 citations

Economic Theory of Choice and the Preference Reversal Phenomenon: A Reexamination

2016 • 165 citations

Toward a History of Game Theory

1995 • 165 citations

Motives, situation, and interpersonal conflict within Prisoner's Dilemma.

1968 • 164 citations

Animals' Choices over Uncertain Outcomes: Some Initial Experimental Results

1985 • 157 citations

Information, Returns, and Bidding Behavior in Ocs Auctions: 1954-1969

1987 • 155 citations

Convexity in the Theory of Choice Under Risk

1965 • 154 citations

An experimental investigation of the free-rider problem

1973 • 151 citations

Rate Filing Policies for Inland Water Transportation: An Experimental Approach

1982 • 151 citations

The super-additive solution for the Nash bargaining game

1981 • 142 citations

Preference Reversal: Further Evidence and Some Suggested Modifications in Experimental Design

1982 • 139 citations

Tendencies toward Group Comparability in Competitive Bargaining

1954 • 137 citations

Experiments in Economics

1991 • 137 citations

Concavifiability and constructions of concave utility functions

1977 • 136 citations

On the Existence of Predatory Pricing: An Experimental Study of Reputation and Entry Deterrence in the Chain-Store Game

1994 • 136 citations

Sociological versus strategic factors in bargaining

1981 • 128 citations

The Experimental Determination of Indifference Curves

1969 • 123 citations

MARKET POWER IN ORAL DOUBLE AUCTIONS

1986 • 120 citations

Collusion in Oligopoly: An Experiment on the Effect of Numbers and Information

1968 • 120 citations

A comparison of game theory and learning theory

1956 • 119 citations

Food-tokens as incentives for learning by chimpanzees.

1937 • 118 citations

EXPERIMENTAL TESTS OF A STOCHASTIC DECISION THEORY

1958 • 118 citations

A Decade of Experimental Research on Spatial Models of Elections and Committees

1990 • 117 citations

The Persistence of Evaluation Disparities

1987 • 117 citations

Preference Reversal: Information-Processing Effect or Rational Non-Transitive Choice?

1989 • 117 citations

An experimental business game

2007 • 116 citations

Equilibrium without independence

1990 • 113 citations

Differential Payments within a Bidder Coalition and the Shapley Value

1990 • 112 citations

Risk aversion in bargaining: An experimental study

1988 • 103 citations

Free Riding and Collective Action: An Experiment in Public Microeconomics

1981 • 101 citations

The theory of public goods: Misplaced emphasis?

1977 • 97 citations

Facilitating Practices: The Effects of Advance Notice and Best-Price Policies

1987 • 94 citations

Factors affecting co-operation in the prisoner's dilemma

1965 • 94 citations

The Sequential Equilibrium Theory of Reputation Building: A Further Test

1992 • 89 citations

Risk Aversion and Nash's Solution for Bargaining Games with Risky Outcomes

1982 • 89 citations

Avoidable Cost: Ride a Double Auction Roller Coaster

1996 • 88 citations

Risk Aversion and Solutions to Nash's Bargaining Problem

1981 • 79 citations

Some Experimental n-Person Games

1996 • 77 citations

Computerized Laboratory Exercises for Microeconomics Education: Three Applications Motivated by Experimental Economics

1993 • 75 citations

Laboratory Experiments in Economics: The Implications of Posted-Price Institutions

1986 • 71 citations

The 2x2 Game

1976 • 71 citations

“This Is What I Do, and I Like It”

1993 • 71 citations

An Empirical Approach to the Prisoners' Dilemma Game

1962 • 69 citations

FIRST‐PRICE COMMON VALUE AUCTIONS: BIDDER BEHAVIOR AND THE “WINNER'S CURSE”

1989 • 68 citations

Experimental Verification of a Composite Indifference Map

1951 • 67 citations

A New Theory of Pricing and Decision-Making for Public Investment

1971 • 64 citations

Market Experiments: The Laboratory versus the Classroom

1993 • 61 citations

An Experimental Study of Some Stochastic Models for Wagers (1963)

1974 • 59 citations

Tests of a heterogeneous bidders theory of first price auctions

1983 • 54 citations

An Experimental Analysis of Unanimity in Public Goods Provision Mechanisms

1988 • 52 citations

Inducing risk-neutral preferences: An examination in a controlled market environment

1990 • 51 citations

PLAYING AN N-PERSON GAME, AN EXPERIMENT.

1965 • 51 citations

Attitudes Toward Risk: Further Remarks

1984 • 48 citations

The acquisition of skill : an analysis of learning curves

1936 • 48 citations

Implementing and testing risk-preference-induction mechanisms in experimental sealed-bid auctions

1993 • 40 citations

Agents' evaluations and the disparity in measures of economic loss

1986 • 37 citations

An analysis of two-person game situations in terms of statistical learning theory.

1958 • 36 citations

The Effect of Repeated Play in the IPG and IPD Team Games

1994 • 35 citations

The Effect of Market Organization on Competitive Equilibrium: the Multi-unit Case

1973 • 35 citations

An Experiment in Bargaining Games

1958 • 32 citations

A Free Rider Experiment for the Large Class

1993 • 32 citations

The Role of Conflict in Economic Decision Making Groups: Some Empirical Results

1965 • 29 citations

Vickrey auctions in the theory of expected utility with rank-dependent probabilities

1986 • 27 citations

Response of Paid Student Subjects to Differential Behaviour of Robots in Bifurcated Duopoly Games

1969 • 27 citations

A Noncomputerized Version of the Williams and Walker Stock Market Experiment in a Finance Course

1993 • 24 citations

Risk Aversion in the Nash Bargaining Problem with Risky Outcomes and Risky Disagreement Points

1990 • 22 citations

Buffer Stocks and Reaction Coefficients: An Experiment with Decision Making Under Risk

1969 • 20 citations

Bargaining Behaviour in a Symmetric Bargaining Triad: The Impact of Risk-Taking Propensity, Information, Communication and Terminal Bid

1969 • 20 citations

Experimental studies of interdependent mixed-motive games

1968 • 19 citations

Experimental Studies of Interactive Decisions

1990 • 16 citations

An Experimental Disposition of Alternative Bilateral Monopoly Models Under Conditions of Price Leadership

1962 • 15 citations

Game Theory at the University of Michigan, 1948–1952

1992 • 15 citations

Report on Maurice Allais' Scientific Work

1989 • 14 citations

Risk Attitude and Cost Variability in a Capacity Choice Experiment

1969 • 13 citations

Social Experimentation and Economic Policy

1981 • 11 citations

Judgment, Evaluation And Information Processing In Second- Price Common Value Auctions

1988 • 11 citations

Market Exchange and Wealth Distribution: A Classroom Simulation

1993 • 10 citations

New equilibria for noncooperative two‐person games

1980 • 7 citations

Pivot mechanisms as a link between probability and preference revelation

1988 • 2 citations

Private Incentives in Social Dilemmas: The Effect of Incomplete Information and Altruism

1987 • 1 citations