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2008 LABSI INTERNATIONAL CONFERENCE

 

STRATEGIC DECISION MAKING IN POLITICS AND ECONOMICS

EXPERIMENTS, THEORY, AND EMPIRICAL STUDIES

 

SEPTEMBER 8-9, 2008

 

 

PROGRAMME
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Monday 8

8.30-9.30 Registration

9.30-10.00 Opening and Welcome

10.00-11.30 Plenary Session
(Chair: Adalgiso Amendola)

10.00-10.40
Timothy N. Cason (Purdue University)
"Investigating the Political Economy of Transgression
and Collective Resistance with Laboratory Experiments
"
(with Vai-Lam Mui)

10.40-11.20
John H. Kagel (Ohio State University)
"Signaling Games: Recent Experimental Results
"

11.20-11.30 Discussion

11.30-12.00 Coffee Break

12.00-13.30 Parallel Sessions

13.30-14.30 Lunch

14.30-16.30 Parallel Sessions

16.30-17.00 Coffee Break

17.00-18.30 Parallel Sessions

18.30 Bus

19.30 Dinner at the Baia Hotel

 

Tuesday 9

8.30-10.00 Plenary Session
(Chair: Niall O'Higgins)

9.00-9.40
Itzhak Gilboa (Tel Aviv University)
Objective and Subjective Rationality a Multiple Prior Model
(with Fabio Maccheroni, Massimo Marinacci and David Schmeidler)

9.40-10.20
Fernando Vega Redondo (University of Alicante, EUI)
Error cascades in observational learning:
an experiment on the Chinos game

(with Francesco Feri, Miguel Angel Meléndez-Jiménez, Giovanni Ponti)

10.20-10.30 Discussion

10.30-11.00 Coffee Break

10.30-13.30 Parallel Sessions

13.30-14.30 Lunch

 



Parallel Sessions A1, B1, C1 - Monday 8 11.30 - 13.30

 

A1: STRATEGIC DECISION MAKING (I)
(Chair: Ofer H. Azar)

1.
Strategically Sophisticated Bidding in First-Price Auctions
Giuseppe Attanasi, Pierpaolo Battigalli,
Jordi Brandts and Giuseppe Cappelletti

2.
The Strategic and Social Power of Signal Acquisition
Annamaria Menichini and Peter Simmons

3.
Do Soccer Players Play the Mixed-Strategy Nash Equilibrium?
Ofer H. Azar and Michael Bar-Eli


B1: POLITICAL ECONOMY AND SOCIAL NORMS (I)
(Chair: Giovanni Ponti)

1.
Can Sanctions Create Skeptics? An experimental investigation
Roberto Galbiati, Karl Schlag and Joel van der Weele

2.
Inequality, Social Preferences and Growth
Fabian Paetzel and Stefan Traub

4.
Social vs. Risk Preferences under the Veil of Ignorance
Antonio Cabrales, Nicola Frignani, Raffaele Miniaci and Giovanni Ponti


C1: POLITICAL ECONOMY AND SOCIAL NORMS (II)
(Chair: Alessandro Vercelli)

1.
The old and the new theory of economic policy
Nicola Acocella, Giovanni Di Bartolomeo and Andrew Hughes Hallett

2.
Tax Evasion and Financial Development
Niloy Bose, Keith Blackburn and Salvatore Capasso

3.
The Ethical Preferences of Investors in Laboratory
Costanza Consolandi, Alessandro Innocenti and Alessandro Vercelli


Parallel Sessions A2, B2, C2 - Monday 8 14.30 - 16.30

A2: STRATEGIC DECISION MAKING (II)
(Chair: Robin Pope)

1.
The Impact of Outcome Ambiguity on the
Valuation of Self-Insurance and Self-Protection
Ozlem Ozdemir

2.
Do Groups Fall Prey to the Winner's Curse?
An Experiment on Risk Preferences and Strategic Abilities

Marco Casari, Christine Jackson and Jingjing Zhang

3.
Naïve, Resolute or Sophisticated?
A Study of Dynamic Decision Making

John D. Hey and Gianna Lotito

4.
Multiple Periods Preclude Applying the Dominance Principle
and Introduce Timing Contradictions into Expected Utility Theory
and its Standard Rank Dependent Generalisations

Robin Pope


B2: POLITICAL ECONOMY AND SOCIAL NORMS (III)
(Chair: Marcello D'Amato
)

1.
Social Norms: Drawing a Bridge from Elster to Decision-Making Studies
Azzurra Ruggeri

2.
Measuring Indirect Reciprocity: Whose Back Do We Scratch?
Luca Stanca

3.
The Endogeneous Generation of Cooperative Norms
Annamaria Nese and Patrizia Sbriglia

3.
Educational Signaling, Credit Constraints and Inequality Dynamics
Marcello D'Amato


C2: INDUSTRIAL ORGANIZATION
(Chair: Luigi Luini)

1.
Firm Strategy and Biased Decision Making:
The Price Dispersion Puzzle

Ofer H. Azar

2.
Strategic Delegation and Market Competitiveness
Alessandra Chirco, Caterina Colombo and Marcella Scrimitore

3.
Is antitrust friendly to competition? An endogenous
coalition formation approach to collusive cartels

David Bartolini and Alberto Zazzaro

4.
When Preferences are Independent from Irrelevant
Alternatives
but Choices Depend on Prices of Irrelevant Alternatives

Luigi Luini

 


Parallel Sessions A3, B3, C3 - Monday 8 17.00 - 18.30

A3: POLITICAL ECONOMY AND SOCIAL NORMS (IV)
(Chair: Daniela Di Cagno)

1.
Will a Fat-Tax Curb Obesity?
Yossef Tobol and Odelia Rosin

2.
Moral Sentiments and Material Interests
Behind Altruistic Third-Party Punishment

Stefania Ottone, Ferruccio Ponzano and Luca Zarri

3.
Network Formation: an Econometric
Analysis of Experimental Data

Anna Conte, Daniela Di Cagno and Emanuela Sciubba

 

B3: POLITICAL ECONOMY AND SOCIAL NORMS (V)
(Chair: Stefan Traub)

1.
A Genetic Algorithm For Optimizing Inter-Organizational
Relationships In An Artificial Market

Mustapha Djennas and Abderrezak Benhabib

2.
Measure of the interrelationship between the real
independence and the inflation: A new evidence by
panel in the development countries

Boujelben Younes, Chrigui Zouhair and Mgadmi Nidhal

3.
Do Green Electricity Customers Care About Additionality?
An Experimental Study
Nadine Bethke and Stefan Traub

 


C
3: POLITICAL ECONOMY AND SOCIAL NORMS (VI)
(Chair: Luca Stanca)

1.
The Initial Allocation of CO2 Emission Allowances:
An Experimental Study

Eva Benz and Karl-Martin Ehrhart

2.
Information and Learning in Oligopoly: an Experiment
Maria Bigoni

3.
Understanding Traveller's Dilemma
Kaushik Basu, Leonardo Becchetti and Luca Stanca

 


Parallel Sessions A4, B4 - Tuesday 9 10.30 - 13.30


A4: STRATEGIC DECISION MAKING (III)
(Chair: Astri Drange Hole)

1.
Bidding and asking price for a lottery and an
arbitrage-free account for preference reversal

Michal Lewandowski

2.
An Economic Analysis of the Aldo Moro
Kidnapping and Assassination

Bertrand Crettez and Régis Deloche

3.
Is it just cheap talk? A test of stated and revealed
environmental concern

Hans J. Czap and Natalia V. Ovchinnikova

4.
Blessed is The Man Who Expects Nothing
Francesco Farina and Niall O'Higgins

5.
How do economists differ from others in distributive situations?
Astri Drange Hole

 

B4: STRATEGIC DECISION MAKING (IV)
(Chair: Luigi Senatore)

1.
The Influence of the Ability to Do Simple Arithmetic
Calculations on the Perceived Value of a Commercial Discount

Michele Graffeo and Nicolao Bonini

2.
Lies, Damned Lies and Statistics
What You Can Do if Your p-Value Exceeds .05

Michal Krawczyk

3.
The budgetary implications of drugs prohibition:
Italy , 2000-05.

Marco Rossi

4.
How to be kind? The Effect of Effort
and Intentions on Reciprocity

Luca Stanca

5.
Endogenous Decentralization in a
Sequential Game without Hierarchy

Luigi Senatore