Each article begins with "Abstract", in English. Includes bibliographical references.
Contents:
Chapter 5. Introduction / Blake Dunkle, R. Mark Isaac, and Philip Solimine. Chapter 1. The Robustness of Lemons in Experimental Markets / Javier E. Portillo -- Chapter 2. Laboratory Experiments of Land Assembly without Eminent Domain / Mark DeSantis, Matthew McCarter ..., and Abel Winn -- Chapter 3. Multi-offer Litigation: An Empirical Analysis of Alternative Mechanisms / Alexandros Vasios Sivvopoulos and Mark Van Boening -- Chapter 4. Not as I Do: Hypocrisy Aversion and Optimal Punishment of Common Offenses / Greg DeAngelo, Michael D. Makowsky, and Bryan McCannon -- Chapter 5. The Robustness of Lemons in Experimental Markets / Blake Dunkle, R. Mark Isaac, and Philip Solimine.
Summary:
"Experiments. Law. Economics. Those three words taken by themselves encompass vast parts of the human intellectual experience. Even when we link them together as 'Experimental Law and Economics', we see a large and diverse body of inquiry over the last half century. This 21st volume of 'Research in Experimental Economics' focuses on experimental and empirical investigations into topics about both the economic effects of the law and how economic theories can explain the behavior of individuals within a legal system. The papers in this volume follow two long-standing traditions. Firstly, the tradition of experimental methodology that allows one to test the potential impacts of alternate institutional arrangements. Secondly, a subset of the papers in this volume, in addition to exploring institutional change, follow the tradition in experimental economics of replication and robustness studies. Illuminating three key areas, by summarizing mechanisms to facilitate the assembly of property rights, exploring legal procedure, and replicating classic market experiments using more recent experimental methods to understand how different market rules affect market outcomes, each of these papers contributes to one of the broader areas within experimental law and economics."--Back cover.
Series:
Research in experimental economics, 0193-2306 ; volume 21
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.