Interfaces: Experimental Economics in Practice
Interfaces: Experimental Economics in Practice
Volume 32, Number 5, Sep/Oct 2002
This issue, edited by Gary E. Bolton and Anthony M. Kwasnica, contains a number of articles discussing the practical applications of experimental economics.
Individual articles may be accessed from the print edition or through PubsOnLine .
Introduction to the Special Issue on Experimental Economics in Practice
by: Gary E. Bolton, Anthony M. Kwasnica
The First Use of a Combined-Value Auction for Transportation Services
by: John O. Ledyard, Mark Olson, David Porter, Joseph A. Swanson, David P. Torma
Combined-value auctions (CVAs) allow participants to make an offer of a single amount for a collection of items. These auctions provide value to both buyers and sellers of goods or services in a numb...
A Decentralized, Smart Market Solution to a Class of Back-Haul Transportation Problems: Concept and Experimental Test Beds
by: Paul J. Brewer, Charles R. Plott
Back-haul problems occur in many areas of transportation. One-way rental often takes equipment, such as cases and containers, from an area of high demand to an area of low demand. The problem is to ...
Market Power and Power Markets
by: Jurgen Weiss
Market power is a prominent issue in the current debate about electricity industry restructuring. Market experiments I conducted with industry subjects via the Internet show the impact of seller conc...
Micromotives in Global Environmental Policy
by: Jason F. Shogren
Protecting ourselves cost-effectively from such global environmental threats as climate change requires a good understanding of the behavioral underpinnings that drive choice under risk and uncertaint...
Minimum Advertised-Price Policy Rules and Retailer Behavior: An Experiment by Hewlett-Packard
by: Gary Charness, Kay-Yut Chen
We tested the effects of various policy rules on retailer behavior in laboratory experiments conducted at Hewlett-Packard Laboratories. Our experimental design models the multifaceted contemporary mar...
Experimental Economics and Supply-Chain Management
by: Rachel Croson, Karen Donohue
One area in which experimental economics methods have been used to study operations problems is supply-chain management. We survey results from a series of human experiments based on the popular beer...
Practice Abstracts: Maximizing Throughput in Large Robotic Cells at FSI
by: Subodha Kumar, Natarajan Ramanan, Chelliah Sriskandarajah, Donald L. Keefer, editor
(Manufacturing: automated systems. Production/scheduling: applications. Programming: integer, algorithms, genetic.)...
College Football Rankings: Do the Computers Know Best?
by: Joseph S. Martinich
The bowl-championship-series (BCS) committee uses 10 ranking schemes, including eight computer rankings, to select college football teams for bowl-championship-series bowl games, including the nationa...