Examlex
The following partial ANOVA table was based on an experiment performed as a two-factor design with 2 levels of factor A, 3 levels of factor B, and 5 observations on each treatment. a) Fill in the missing entries in the ANOVA table. b) First test the hypothesis of no interaction between the factors at the .05 level. If appropriate, perform tests of the main effects for the two factors also.
Behavioral Economics
A field of economic research that analyzes how psychological, social, cognitive, and emotional factors affect economic decisions of individuals and institutions.
Ultimatum Games
A type of game in experimental economics where two players interact to decide how to divide a sum of money; one proposes the split, and the other accepts or rejects it.
Endowment Effect
A psychological phenomenon in which people assign higher value to things merely because they own them.
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