"We must conduct research and then accept the results. If they don't stand up to experimentation, Buddha's own words must be rejected."
--- Dalai Lama XIV.
"The problem in this business isn't to keep people from stealing your ideas; it's making them steal your ideas!"
--- Howard H. Aiken.
Review of Economic Dynamics, (33) 2019, 4-29
Journal of Economic Theory, 177 (2018), 616-658
Theoretical Economics, 12 (2017), 1003-1028
Journal of Economic Dynamics and Control, 40 (2014), 95-102
R&R at the Review of Economic Studies
R&R at the Journal of Economic Behavior & Organization
Online appendix: Instructions used in the experiments and additional results