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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Economic theory 7 (1996), S. 381-405 
    ISSN: 1432-0479
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary This paper addresses the apparent conflict between the results of experiments on individual choice and judgement and the results of market experiments. Data are reported for experiments designed to analyze the effects of (a) economic incentives, repetition, feedback and information and (b) choice and valuation response modes on (c) subjects' decisions in paired market and nonmarket environments. Causes of divergent market and nonmarket behavior are identified in the context of the preference reversal phenomenon (PRP). Study of the PRP is extended to two types of market environments. The PRP is observed on the first repetition in a market setting (second price auction) with immediate feedback, both with and without financial incentives. However, after five repetitions of the auction, the subjects' bids are generally consistent with their choices and the asymmetry between the rates of predicted and unpredicted reversals disappears. An individual pricing task using the BDM mechanism yields similar results on the first repetition but results which differ from the second price auction on the fifth repetition. Choice tasks produce lower rates of reversals than do pricing tasks in both market and individual decision making settings.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Economic theory 7 (1996), S. 381-405 
    ISSN: 1432-0479
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary.  This paper addresses the apparent conflict between the results of experiments on individual choice and judgement and the results of market experiments. Data are reported for experiments designed to analyze the effects of (a) economic incentives, repetition, feedback and information and (b) choice and valuation response modes on (c) subjects’ decisions in paired market and nonmarket environments. Causes of divergent market and nonmarket behavior are identified in the context of the preference reversal phenomenon (PRP). Study of the PRP is extended to two types of market environments. The PRP is observed on the first repetition in a market setting (second price auction) with immediate feedback, both with and without financial incentives. However, after five repetitions of the auction, the subjects’ bids are generally consistent with their choices and the asymmetry between the rates of predicted and unpredicted reversals disappears. An individual pricing task using the BDM mechanism yields similar results on the first repetition but results which differ from the second price auction on the fifth repetition. Choice tasks produce lower rates of reversals than do pricing tasks in both market and individual decision making settings.
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Springer
    Journal of risk and uncertainty 1 (1988), S. 61-99 
    ISSN: 1573-0476
    Keywords: auctions ; bidding theory ; experiments
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract First-price auction theory is extended to the case of heterogeneous bidders characterized byM-parameter log-concave utility functions. This model, and its specific two-parameter constant relative risk averse special case, is generally supported by the results of 47 experiments. The one-parameter special case that comprises most of the theoretical literature is not supported by the experiments. One anomaly for the two-parameter model is that too many of the subjects exhibit positive (or negative) intercepts in their linear estimated bid functions. Accordingly, we develop a specific three-parameter model, which introduces a utility of winning, and a threshold utility of surplus. The new model, tested directly by introducing lump-sum payments or charges for winning, is not falsified by the new experiments.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Springer
    Experimental economics 2 (2000), S. 197-225 
    ISSN: 1573-6938
    Keywords: job search ; unknown distributions ; reservation wage property ; controlled experiments
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract The largest market in national economies is the labor market. Labor market contracting is characterized by job search, often from unknown wage offer distributions. This paper reports experimental tests of finite horizon models of job search in which the wage offer distribution is unknown. Theoretically-optimal search from an unknown wage offer distribution can have the seemingly paradoxical property that some offers will be accepted that are lower than other offers that will be rejected in the same period of the search horizon. Thus the reservation wage property (or lowest acceptable wage path) may not exist. This can occur because an offer that is a priori relatively high (“good news”) can imply that it is highly probable that search is from a favorable distribution, and such an offer can look unattractive when it is an a posteriori relatively low offer from a favorable distribution (“bad news”). This paper reports results from experimental treatments for search from unknown distributions in which the reservation wage property does exist and treatments in which it does not exist. We find that the consistency of search behavior with search theory reported in earlier papers is robust to the presence or absence of the reservation wage property and to whether the draws come from known or unknown distributions.
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  • 5
    Electronic Resource
    Electronic Resource
    Springer
    Bulletin of environmental contamination and toxicology 11 (1974), S. 256-257 
    ISSN: 1432-0800
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering , Medicine
    Type of Medium: Electronic Resource
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  • 6
    Electronic Resource
    Electronic Resource
    Springer
    Bulletin of environmental contamination and toxicology 5 (1971), S. 218-221 
    ISSN: 1432-0800
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering , Medicine
    Type of Medium: Electronic Resource
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  • 7
    ISSN: 1432-1009
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering
    Type of Medium: Electronic Resource
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  • 8
    Electronic Resource
    Electronic Resource
    Springer
    Journal of solid state electrochemistry 2 (1998), S. 247-252 
    ISSN: 1433-0768
    Keywords: Key words Silica ; Voltammetry ; Polyoxometalate ; Diffusion ; Solids
    Source: Springer Online Journal Archives 1860-2000
    Topics: Chemistry and Pharmacology
    Notes: Abstract Voltammetry of silicotungstic acid (STA), H4SiW12O40, that was encapsulated in silica was performed in the absence of a contacting liquid phase. Two one-electron reductions that are separated by 200 mV were observed, which is the same behavior as in aqueous solution. At scan rates, v, below 10 mV s−1 with a 10 μm dia. carbon fiber indicator electrode, plateaus with limiting currents which are independent of v were observed, which is indicative of spherical diffusion from a field that is much larger than the electrode area. At v 〉 20 V s−1, peaks were observed with currents directly proportional to v ½. For a gel aged for 2 days, an effective diffusion coefficient, D eff, of 3 × 10−7 cm2 s−1 was estimated by voltammetry and chronoamperometry; the concentration of the redox sites thereby determined was about 0.5 M. The D eff values that were obtained in this study were larger than expected for a solid electrolyte, which suggests an important role of residual water. In support of this model, gels that were aged in a humidistat at 33% humidity at room temperature for 2 and 5 days lost 16% and 13%, respectively, of their mass when dried at 120°.
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Springer
    Journal of solid state electrochemistry 4 (2000), S. 199-204 
    ISSN: 1433-0768
    Keywords: Key words Sol-gel chemistry ; Silica ; Pore structure ; Colloidal Prussian Blue ; Cyanometallate redox sites
    Source: Springer Online Journal Archives 1860-2000
    Topics: Chemistry and Pharmacology
    Notes: Abstract We describe a sol-gel approach by which iron hexacyanoferrate is immobilized in silica in a manner suited to investigation by electrochemistry in the absence of a contacting liquid phase. Such physicochemical parameters as concentration of redox sites (C o) and apparent (effective) diffusion coefficient (D app) are estimated by performing cyclic voltammetric and potential step experiments in two time regimes, which are characterized by linear and spherical diffusional patterns, respectively. Values of D app and C o thereby obtained are 2.0 × 10−6 cm2 s−1 and 1.4 × 10−2 mol dm−3. The D app value is larger than expected for a typical solid redox-conducting material. Analogous measurements done in iron(III) hexacyanoferrate(III) solutions of comparable concentrations, 1.0 × 10−2 and 5.0 × 10−3 mol dm−3, yield D app on the level of 5–6 × 10−6 cm2 s−1. Thus, the dynamics of charge propagation in this sol-gel material is almost as high as in the liquid phase. The residual water in the silica, along with the pore structure, are important to the overall mechanism of charge transport, which apparently is limited by physical diffusion rather than electron self-exchange. Under conditions of a solid state voltammetric experiment which utilizes an ultramicroelectrode, encapsulated iron hexacyanoferrate redox centers seem to be in the dispersed colloidal state rather than in a form of the rigid polymeric film.
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  • 10
    ISSN: 1436-5073
    Keywords: 3-(2′-thiazolylazo)-2,6-diaminopyridine determination ; polarography ; surfactants
    Source: Springer Online Journal Archives 1860-2000
    Topics: Chemistry and Pharmacology
    Notes: Abstract The polarographic behaviour of 3-(2′-thiazolylazo)-2,6-diaminopyridine (2,6-TADAP) has been studied in aqueous buffer solutions and aqueous-ethanol mixtures of different pH's using DC and DP polarographic methods. The reduction of the azo linkage takes place via two electrons in both aqueous and aqueous-ethanol mixtures. The linear relationship between the current and 2,6-TADAP concentration allowed the polarographic determination of 2,6-TADAP over a wide concentration range. The values of the adsorption parameters in the presence of both Triton X-100 (non-ionic) and a new non-ionic surfactant, nonylphenol polyoxypropylene polyoxyethylene (NPE 1800) have been computed. The kinetic parameters of the electrode reaction have been calculated.
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