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This paper reports a field experiment involving manipulation of invitations to register in an experimental economics subject database. Two types of invitations were sent, one emphasizing pecuniary and the other non-pecuniary benefits of participation. It was found that first-year economics majors were much more money-oriented, i.e. relatively more attracted by the first type of invitation, than any other group. This supports the view that the often-observed selfishness of economists results from selection and, if anything, is mitigated by training
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Keynesian p-Beauty Contest (KpBC) is one of the most commonly used laboratory experiments to study the degree of rationality of people and the learning process. It is also applicable in education as a tool to illustrate both the concept of rationality and iterative elimination of dominated strategies. The aim of this paper is to present the results of online teaching experiments in which an auto-selection mechanism has been used based on the existing social stereotypes. The repeatability of the results shows that the experiments are resistant to the distortions arising from the use of the online environment, and that a developed methodology allows to carry out reliable experimental studies.
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The article shows a possibility of applying the multi-object first-price auction to the students registration system for the class at the University Study-Oriented System (called USOS). On the basis of experimental data and the Monte Carlo simulation changes in the effectiveness were determined after the possible introduction of the new type of registration based on the auction system in relation to existing systems of registration and it was determined whether this system will motivate the students.
EN
The history of experimentation differs strongly between economics and management studies. Until recently, most economists looked with uncertainty or even suspicion on experiments, while practitioners of management studies were prepared to explore the empirical scope of these in various ways. But nowadays, economics seems also to be turning to experimentation. It would be mistaken to underestimate the chances of scientific experiments managing to bridge the gulf that still divides economics from management studies, in methodology and in theoretical thinking. The article examines how this isolation arose and how experimentation may bring them closer together.
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