Brian Wallace, Department of Economics, UCL
University College London,
Gower Street, London, WC1E 6BT
ResearchPublished & Forthcoming papers:
- "The Impact of the Termination Rule on Cooperation in a Prisoner's Dilemma Experiment" (with Hans-Theo Normann) International Journal of Game Theory, vol. 41(3), pages 707-718, 2012 (working paper version)
- "Deferred Compensation in Multi-Period Labor Contracts: An Experimental Test of Lazear's Model" (with Steffen Huck & Andrew Seltzer) American Economic Review, vol. 101(2), pages 819-843, April 2011 (working paper version)
- "Asymmetric Enforcement of Cooperation in a Social Dilemma" (with Nikos Nikiforakis & Hans-Theo Normann) Southern Economic Journal, vol. 76(3), pages 638-659, January 2010 (working paper version)
- "Reciprocal strategies and aspiration levels in a Cournot-Stackelberg experiment" (with Steffen Huck) Economics Bulletin, vol. 3(3), pages 1-7, 2002.
Price framing experiment
Recently, with Steffen Huck, we conducted a laboratory experiment that investigated the effects of price framing on decision making as if in a retail setting. Prices frames encountered include '3 for 2', 'price was x now y', 'sale ends tomorrow', 'price is x while stocks last' and '...plus shipping'.
The report, entitled "The effects of price framing on consumer decision making", is available at: http://www.oft.gov.uk/shared_oft/economic_research/OFT1226.pdf. An academic paper is forthcoming.
Media coverage of the report include:
For 2012/13, I am not teaching any courses at UCL. My office hours for Winter 2012 are by appointment.
Throughout the year, we run experiments both online and in our lab in Drayton House. Typically, this involves making decisions at a computer. If you take part, you can earn money as well as helping contribute to our research.
You can register to join our participant database through our experiment recruitment page at http://else.econ.ucl.ac.uk/experiments. You will then receive invitations to take part in individual experiments.