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of 7
pro vyhledávání: '"Mariano Runco"'
Autor:
Mariano Runco
Publikováno v:
Ensayos Revista de Economía, Vol 34, Iss 2, Pp 79-94 (2015)
This paper analyzes choices and welfare in a Cournot duopoly setting with linear demand using four models of bounded rationality. The models studied in this paper are Level-k, Cognitive Hierarchy, Asymmetric Quantal Response and Noisy Introspection.
Externí odkaz:
https://doaj.org/article/8e73c61068e6461da8407c3102305915
Autor:
Mariano Runco
Publikováno v:
International Journal of Applied Behavioral Economics. 9:20-37
This paper proposes a model of reference dependent preferences to explain overbidding in private and common value auctions. It is assumed that the reference point is proportional to the value of the object and that losses are weighed more heavily tha
Autor:
Mariano Runco, Agnitra Roy Choudhury
Student retention is a major concern for many universities. We use observational data from a regional university located in Alabama to test whether taking a first-year seminar improves student retention rates. Using a linear probit model, we find tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e9a4db9244eaf16e1e3e5c70d34f883a
Autor:
Mariano Runco
Publikováno v:
Experimental Economics. 16:402-413
This paper estimates depth of reasoning in an Iterative Best Response model using data from Weber (2003) ten-period repeated guessing game with no feedback. Different mixture models are estimated and the type (Level-0, Level-1, etc) of each player is
Autor:
Mariano Runco
Publikováno v:
Economics Bulletin. 32(1):376-381
In this paper I generalize Lazear's model (1986) of retail pricing to the case of a monopolist selling two goods to a potential buyer with unknown valuations. The optimal prices and profit levels are computed for different distributions of valuations
Autor:
Mariano Runco
Publikováno v:
SSRN Electronic Journal.
This paper proposes a tractable model of reference dependent preferences to explain overbidding in private and common value auctions. It is assumed that the reference point is proportional to the value of the object and that losses are weighed more h
Autor:
Mariano Runco
Publikováno v:
SSRN Electronic Journal.
This paper tests empirically four models of bounded rationality using data from first responses in a Cournot duopoly experiment. Specifically, the models considered are Level-k, Quantal Response Equilibrium, Noisy Introspection and Logit Cognitive Hi