Charles A. Holt’s research while affiliated with University of Virginia and other places

... This intuition is incorrect. To illustrate, consider an experiment reported by Holt and Smith (2022) in which subjects competed for a fixed monetary prize by expending lab dollars on "effort" that has a specified cost per unit. One treatment contrast compared average total expenditures on "rent-seeking" activity with low effort cost (77, 83, 130, 81) against expenditures with high effort cost (132, 111, 93, 87). ...

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Permutation tests for experimental data

... The sQRF most commonly used in empirical analysis of experimental data is the Logistic form, l λ i , which is associated with the so-called doubleexponential i.i.d. perturbation (Goeree et al., 2018), and, for λ i ∈ [0, +∞), assigns to each ...

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The paradox of monotone structural QRE

... By contrast, we do not take QRE as a starting point, and instead axiomatize solution concepts rather than response functions. Furthermore, our results differ in that they pin down the one-parameter class of logit QRE in particular, providing a novel justification for a quantal response function that has been widely used to analyze empirical data (see, e.g., Goeree, Holt, and Palfrey, 2016;Wright and Leyton-Brown, 2017;Goeree, Holt, and Palfrey, 2020). ...

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Narrow Bracketing and Risk in Games

... Old theories attributed labor market gaps to discrimination (Anderson et al., 2006;Riach & Rich, 2010;Blau & Kahn, 2017;Neumark, 2018). Nowadays, even if we can attribute these disparities in part to social prejudices, more recent researches argue that the structure and the framework of the labor market make equal opportunities in the workplace difficult to attend between the two genders. ...

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Flexibility and equality: Unraveling the nexus of labor market dynamics and gender equality in developing countries

... The permutation test in imcRtools (version 1.0.2) [32] was employed to determine whether there was a statistically significant interactions/avoidances between each cell type within each CN in comparison with that of random observations. Permutation test is a nonparametric statistical method based on data rearrangement (permutation) that is used to test the null hypothesis in a hypothesis test [33]. It does not depend on the distribution assumptions of the data and can be used for various statistics and complex experimental designs. ...

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Application of imaging mass cytometry for spatially profiling the microenvironment of salivary glands in primary Sjögren’s syndrome

... This framework is closely related to the one he introduced to study affiliated private value auctions (Kagel et al., 1987). Now, more than 35 years later, that same structure is used in the paper by Armantier and Holt (2023) where they study auction mechanisms for world relevant applications: multi-object, multi-unit auctions, with a budget-constrained auctioneer who is uncertain of the values of the objects. The main insight is that the auctioneer can improve outcomes by incorporating information contained in submitted bids when setting reference prices. ...

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Introduction to the special issue in honor of John H. Kagel

... Behavioral biases can be analyzed by gender, according to Hand (2020) research on gender and environmental concern reveals that women tend to have higher levels of environmental concern than men Davidson and Freudenburg (1996); Xiao and Hong (2018) ;Hunter, Hatch and Johnson (2004). Although several possible hypotheses have suggested explaining this difference, only one, the risk issues, has received consistent support Davis and Holt (1993b) 3 and Friedl, Neyse and Schmidt (2018). ...

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Pro-environmental behavior and its determinants: evidence for Mato Grosso do Sul

... Moreover, experimental research on bargaining games (Brosig, Weimann, and Yang 2003;Holt and Sieberg 2022), ultimatum games (Costa-Gomes et al. 2019), trust games (Burks, Carpenter, and Verhoogen 2003), dictator games (Diekmann 2004), redistribution and public goods games (Buso et al. 2021;Cassar and Klein 2019;Lange, Schmitz, and Schwirplies 2022) documents that experiencing the other players' position, i.e., role-reversal, may affect outcomes and behavior through time, increasing trust, cooperation, and pro-social choices. 1 For example, among others, Burks, Carpenter, and Verhoogen (2003) compare a single-role versus role switching trust game, and find that trust and reciprocity are both affected by a switch in the parties' roles, and Costa-Gomes et al. (2019) compare the strategy method and sequential strategies in an ultimatum game, and find that in a sequential game, participants are significantly more likely to treat others how they would like to be treated. Most recently, Solomon (2022) analyzes how role-switching between a plaintiff and a defendant affects learning in a signaling game of pretrial bargaining, and finds that switching roles facilitate learning by allowing individuals to become more familiar with the role of their opponent. ...

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Are Individual Care Investments Affected by Past Accident Experiences?

... The contribution in this paper is to provide new insights on the waterbed effect under realworld carbon-market designs, and connect it to basic economic principles on pass-through from the classic literature on tax incidence (Jenkin, 1872;Weyl and Fabinger, 2013). Our modelling spans market designs that adjust the emissions cap based on allowance prices (including price ceilings and floors) (Roberts and Spence, 1976;Pizer, 2002;Newell et al., 2005;Borenstein et al., 2019;Karp and Traeger, 2024;Burtraw et al., 2022) and those, as in the EU, that respond to changes in the quantity of allowances in circulation (Perino, 2018;Gerlagh et al., 2021). In these carbon markets, the waterbed effect typically takes on intermediate values between zero and 100%, thus enabling overlapping policies to affect aggregate emissions. ...

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Overlapping Climate Policies

... The fact that agents play games against their neighboring agents brings up an immediate tension between the individual selfinterests of agents playing the local game and the promoting of a common good, like an efficient global solution to the game [4,5]. Common examples of these multi-agent scenarios include voting, crime reporting, and crowdfunding [6,7]. A similar situation also occurs in Boolean games, where each player tries to satisfy its individual goal [4,8,9]. ...

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Solving Multi-Agent Games on Networks