Abstract
ABSTRACTNeutral framing is a standard tool of experimental economics. However, overly neutral instructions, which lack any contextual clues, can lead to strange behaviour. In a contextless second-price auction for a meaningless good, a majority of subjects enter positive bids – likely a case of cognitive experimenter demand effect. Subjects may interpret the lack of context as being tasked with bidding in the experiment. Adding another auction that has a context drastically reduces the positive bids in the meaningless auction.
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