We are happy to announce the winner of the 2013 Exeter Prize for the best paper published in the previous calendar year in a peer-reviewed journal in the fields of Experimental Economics, Behavioural Economics and Decision Theory.
The winner is Daniel Friedman and Ryan Opera for their paper “A Continuous Dilemma” by published in American Economic Review.
This paper is an excellent complementary use of theory and experiments that significantly adds to our understanding of one of the fundamental problems in game theory. It is an important study that will stand the test of time.
The winning paper was selected by the panel of Glenn Harrison (Georgia State University), Izhak Gilboa (Tel Aviv University) and Shmuel Zamir (Hebrew University and the University of Exeter).
The winners receive 3000 pounds. In addition, a representative of them will be visiting the University of Exeter in May to receive the award and give a lecture.
This year was exceptionally competitive with a large number of excellent nominations. As stated above the best paper was awarded from the following fields: Experimental Economics, Behavioural Economics and Decision Theory and papers qualified under one of the following categories:
1. Any paper that involves either lab or field experiments.
2. Any purely theoretical paper that involves "behavioral" theory (for example, non-expected utility).
3. Any empirical work that shows evidence for behavioral models (that fit under 2) or tests/rejects models (that fit under 2).
