Theory, Experimental Design and Econometrics Are Complementary.
(2015)
Book Chapter
Harrison, G., Lau, M., & Rutström, E. (2015). Theory, Experimental Design and Econometrics Are Complementary. In G. Frechette, & A. Schotter (Eds.), Handbook of Experimental Economic Methodology. Oxford University Press
Outputs (6)
Subjective Belief Distributions and the Characterization of Economic Literacy (2015)
Journal Article
Girolamo, A., Harrison, G., Lau, M., & Swarthout, J. (2015). Subjective Belief Distributions and the Characterization of Economic Literacy. Journal of Behavioral and Experimental Economics, 59, 1-12. https://doi.org/10.1016/j.socec.2015.08.004We characterize the literacy of an individual in a domain by their elicited subjective belief distribution over the possible responses to a question posed in that domain. By eliciting the distribution, rather than just the answers to true/false or mu... Read More about Subjective Belief Distributions and the Characterization of Economic Literacy.
The Hayek hypothesis and long run competitive equilibrium: an experimental investigation (2015)
Journal Article
Shachat, J., & Zhang, Z. (2017). The Hayek hypothesis and long run competitive equilibrium: an experimental investigation. The Economic Journal, 127(599), 199-228. https://doi.org/10.1111/ecoj.12249We report on an experiment investigating whether the Hayek Hypothesis (Smith, 1982) extends to the long run setting. We consider two environments; one with a production technology having a U-shaped long run average cost curve and a single competitive... Read More about The Hayek hypothesis and long run competitive equilibrium: an experimental investigation.
An experimental study of the effect of intergroup contact on attitudes in urban China (2015)
Journal Article
Nielsen, I., Gu, J., Shachat, J., Smyth, R., & Peng, Y. (2016). An experimental study of the effect of intergroup contact on attitudes in urban China. Urban Studies, 53(14), 2991-3006. https://doi.org/10.1177/0042098015598730A large body of literature attests to the growing social divide between urban residents and rural–urban migrants in China’s cities. This study uses a randomised experiment to test the effect of intergroup contact on attitudes between a group of urban... Read More about An experimental study of the effect of intergroup contact on attitudes in urban China.
Subjective bayesian beliefs (2015)
Journal Article
Antoniou, C., Harrison, G., Lau, M., & Read, D. (2015). Subjective bayesian beliefs. Journal of Risk and Uncertainty, 50(1), 35-54. https://doi.org/10.1007/s11166-015-9208-5A large literature suggests that many individuals do not apply Bayes’ Rule when making decisions that depend on them correctly pooling prior information and sample data. We replicate and extend a classic experimental study of Bayesian updating from p... Read More about Subjective bayesian beliefs.
Adolescents, Cognitive Ability, and Minimax Play (2015)
Journal Article
Geng, S., Peng, Y., Shachat, J., & Zhong, H. (2015). Adolescents, Cognitive Ability, and Minimax Play. Economics Letters, 128, 54-58. https://doi.org/10.1016/j.econlet.2015.01.007We conduct experiments with adolescent participants on repeated fixed play in three different zero-sum games which have mixed strategy minimax solutions. Further, we collect subject information on cognitive abilities and participation rates in compet... Read More about Adolescents, Cognitive Ability, and Minimax Play.