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Using the appropriate experimental economics concepts

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1.Using the appropriate experimental economics concepts to explain what drives the switching decision in Table 1. Imagine that you are explaining this table to your friend that is currently taking Intermediate Micro.

2.Explain in detail how the authors construct (from the subjects' decisions) Table 2, 3 and 4. Also, write down the regressions the authors run to obtain those results.

Reference no: EM131013660

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