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Experimental Economics
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Academic
Vita (lists publications) Short
Bio (selected activities)
Photos: John
Nash et al., Wireless
Class Web Games on the UVA lawn! Fall
Honors
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A. Willis Robertson Professor of Political Economy
Department of Economics
PO Box 400182
University of Virginia
Charlottesville, VA 22904-4182 USA
Fedex: 2015 Ivy Rd., Room 312 |
Phone: 434 924 7894
Messages: 434 924 3177
Fax: 434 982 2904
Home: 434 972 7214
Email: holt@virginia.edu |
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What's new?
Veconlab
Software for about 40 web-based experiments run on any PCs
that are connected to the Internet. The administrator's setup menu
is
available at: http://veconlab.econ.virginia.edu/admin.htm.
For a brief introduction and instructions on obtaining a password, click
here. The software is associated with an undergraduate
experimental economics textbook, forthcoming with Addison-Wesley in 2006.
Class
use prior to publication must be cleared with them, see the cover page
of the pdf file, which contains a Table of Contents and selected sample
chapters: Webgames
and Strategic Behavior: Recipes for Interactive Learning.
Y2K Bibliography
of Experimental Economics,
with exactly 2000 listed publications
and almost 500 working papers in experimental economics and social science.
Also ...
"Economic
Science: An Experimental Approach for Teaching and Research" This
is based on my Presidential Address to the Southern Economic Association,
Southern
Economic Journal, 2003, 69(4), 755-771.
"Ten
Little Treasures of Game Theory, and Ten Intuitive Contradictions"
(with J. Goeree), which reviews standard categories of games and reports
anomalous results for each, American Economic Review, Decenber 2001,
91, 1402-1422..
A new theory of behavior in games
played only once: "A
Model of Noisy Introspection," (with J. Goeree), forthcoming in
Games
and Economic Behavior.
Some dramatic results of high-stakes lottery choice experiments:
"Risk
Aversion and Incentive Effects" (with Susan Laury) American
Economic Review, December 2002, 1644-1655.
This is a summary of my work on stochastic game theory, written
for a broad scientific audience: "Stochastic
game theory: for playing games, not just for doing theory" (with
J. Goeree), S99 Proc. of the National Academy of Sciences.
If you want to see a game where the data go to the opposite
side of the set of feasible decisions from the unique Nash equilibrium,
see "Anomalous
Behavior in a Traveler's Dilemma?" (with M. Capra, J. Goeree, and
R. Gomez), American Economic Review, June 1999, 89, 678-90..
You can play the
Traveler's Dilemma on line: http://veconlab.econ.virginia.edu/tddemo.php
"Anomalous
Behavior in Binary Choice Games: Entry, Voting, Public Goods, and the Volunteer's
Dilemma," (with J. Goeree), revised June 2003, forthcoming in the
American
Political Science Review.
Recent experimental studies with various coauthors (the citations for
published versions of these papers can be found on my vita):
* contributions
to a public good: noise and altruism
* coordination
games and stochastic potential
* imperfect
price competition and learning dynamics
* bargaining
and inequity aversion
* risk aversion
in matching pennies games
* private
value auctions and risk aversion
* common
value auctions and risk aversion
* signaling
games and learning
* prospect
theory, incentives and the "reflection effect"
* experiments
used to design the 2000 Georgia Irrigation Auction
Many of the files on this homepage are Adobe
PDF files. You can then view these files using theAdobe
Acrobat Reader for PDF files, which can be downloaded without
charge. When you download the reader, make a note of where you save the
.exe file. After it is downloaded, exit the web browser, click on RUN,
and run the .exe file to setup the reader.
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