Synopses & Reviews
Volume II & III of Experimental Business Research include original papers that were presented at the Second Asian Conference on Experimental Business Research held at the Hong Kong University of Science and Technology (HKUST) on December 16-19, 2003. The conference was organized by the Center for Experimental Business Research (cEBR) at HKUST and was chaired by Professors Amnon Rapoport and Rami Zwick. Experimental Business Research adopts laboratory based experimental economics methods to study an array of business and policy issues spanning the entire business domain including accounting, economics, finance, information systems, marketing and management and policy. "Experimental economics" is an established term that refers to the use of controlled laboratory-based procedures to test the implications of economic hypotheses and models and discover replicable patterns of economic behavior. We have coined the term "Experimental Business Research" in order to broaden the scope of "experimental economics" to encompass experimental finance, experimental accounting, and more generally the use of laboratory-based procedures to test hypotheses and models arising from research in other business related areas, including information systems, marketing, and management and policy. The chapters included in these volumes reflect the domain diversity of studies in the experimental business research field.
Table of Contents
VOLUME 2: Preface Chapter 1. Durable Goods Lease Contracts and Used-Goods Market Behavior: An Experimental Study, Kay-Yut Chen and Suzhou Huang Chapter 2. Towards a Hybrid Model of Microeconomic and Financial Price Adjustment Processes: The Case of a Market with Continuously Refreshed Supply and Demand, Paul J Brewer Chapter 3. Choosing a Model out of Many Possible Alternatives: Emissions Trading as an Example, Tatsuyoshi Saijo Chapter 4. Internet Congestion: A Laboratory Experiment, Daniel Friedman and Bernardo Huberman Chapter 5. Experimental Evidence on the Endogenous Entry of Bidders in Internet Auctions, David H. Reiley Chapter 6. Hard and Soft Closes: A Field Experiment on Auction Closing Rules, Daniel Houser and John Wooders Chapter 7. When Does an Incentive for Free Riding Promote Rational Bidding? James C. Cox and Stephen C. Hayne Chapter 8. Bonus versus Penalty: Does Contract Frame Affect Employee Effort? R. Lynn Hannan, Vicky B. Hoffman and Donald V. Moser Chapter 9. Managerial Incentives and Competition, Rachel Croson and Arie Schinnar Chapter 10. Dynamic Stability of Nash-Efficient Public Goods Mechanisms: Reconciling Theory and Experiments, Yan Chen Chapter 11. Entry Times in Queues with Endogenous Arrivals: Dynamics of Play on the Individual and Aggregate Levels, J. Neil Bearden, Amnon Rapoport and Darryl A. Seale Chapter 12. Decision Making With Naïve Advice, Andrew Schotter Chapter 13. Failure of Bayesian Updating in Repeated Bilateral Bargaining*, Lee Ching Chyi, Eythan Weg and Rami Zwick. Author Index VOLUME 3: Preface Chapter 1. The Rationality of Consumer Decisions to Adopt and Utilize Product-Attribute Enhancements: Why Are We Lured by Product Features We Never Use?, Shenghui Zhao, Robert J. Meyer and Jin Han Chapter 2. A Behavioral Accounting Study of Strategic Interaction in a Tax Compliance Game, Chung K. Kim and William S. Waller Chapter 3. Information Distribution and Attitudes Toward Risk in an Experimental Market of Risky Assets, David Bodoff, Hugo Levevq and Hongtao Zhang Chapter 4. Effects of Idiosyncratic Investments in Collaborative Networks: An Experimental Analysis, Wilfred Amaldoss and Amnon Rapoport Chapter 5. The Cognitive Illusion Controversy: A Methodological Debate in Disguise that Matters to Economists, Ralph Hertwig and Andreas Ortmann Chapter 6. Exploring Ellsberg's Paradox in Vague-Vague Cases, Karen M. Kramer and David V. Budescu Chapter 7. Overweighing Recent Observations: Experimental Results and Economic Implications, Haim Levy and Moshe Levy Chapter 8. Cognition in Spatial Dispersion Games, Andreas Blume, Douglas V. DeJong and Michael Maier Chapter 9. Cognitive Hierarchy: A Limited Thinking Theory in Games, Juin-Kuan Chong, Colin F. Camerer and Teck-Hua Ho Chapter 10. Partition Dependence in Decision Analysis, Resource Allocation and Consumer Choice, Craig R. Fox, David Bardolet and Daniel Lieb Chapter 11. Gender & Coordination, Martin Dufwenberg and Uri Gneezy Chapter 12. Updating the Reference Level: Experimental Evidence, Uri Gneezy Chapter 13. Supply Chain Management: A Teaching Experiment, Rachel Croson, Karen Donohue, Elena Katok and John Sterman Chapter 14. Experiment-Based Exams and the Difference between the Behavioral and the Natural Sciences, Ido Erev and Re'ut Livne-Tarandach Author Index