Does competition affect moral behavior? This fundamental question has been debated among leading scholars for centuries, and more recently, it has been tested in experimental studies yielding a body of rather inconclusive empirical evidence. A potential source of ambivalent empirical results on...

This paper uses a laboratory experiment to analyze how individuals resolve an exploration versus exploitation trade-off. The experiment implements a single-agent exponential bandit model. We find that, as predicted, subjects respond to changes in the prior belief, safe action, and discount...

This paper analyzes individual behavior in multi-armed bandit problems. We use a between-subjects experiment to implement four bandit problems that vary based on the horizon (indefinite or finite) and number of bandit arms (two or three). We analyze commonly suggested strategies and find that an...

This paper uses a laboratory experiment to investigate the role of group size in an innovation contest. Subjects compete in a discrete time innovation contest, based on Halac, Kartik, and Liu (2017), where subjects, at the start of each period, are informed of the aggregate number of innovation...

This paper uses a laboratory experiment to analyze how a group of voters experiment with a new reform. The experiment implements the continuous time Strulovici (2010) collective experimentation model. I analyze a subset of data where groups and single decision makers should eventually prefer to...

The definition of reasonable doubt presented in jury instructions varies considerably across states. We use a controlled experiment to analyze the relationship between the definition of reasonable doubt and juror decisions. In our novel (preregistered) experiment, we vary the definition of...