Showing 1 - 10 of 15
authority and responder.Both players in each pair have earned an own income in an individual realeffort decision …-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …-69, as: 'Emotional Hazard in a Power-to-Take Experiment'. …
Persistent link: https://www.econbiz.de/10011255559
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...
Persistent link: https://www.econbiz.de/10011255774
We conduct an experiment to investigate (i) whether rotation in voting increases a committee's efficiency, and (ii) the … extent to which rotation is likely to critically influence collective and individual welfare. The experiment is based on the …
Persistent link: https://www.econbiz.de/10009320228
market versus a homogeneous market). The game used in this experiment is a stylized version of a model of Bech and Garrett …
Persistent link: https://www.econbiz.de/10008677549
This paper experimentally investigates how emotions are associated with option prices and risk perception. Using a binary lottery, we find evidence that the emotion 'surprise' plays a significant role in the negative correlation between lottery returns and estimates of the price of a put option....
Persistent link: https://www.econbiz.de/10011076252
market versus a homogeneous market). The game used in this experiment is a stylized version of a model of Bech and Garrett …
Persistent link: https://www.econbiz.de/10010571483
This paper experimentally investigates how emotions are associated with option prices and risk perception. Using a binary lottery, we find evidence that the emotion ‘surprise’ plays a significant role in the negative correlation between lottery returns and estimates of the price of a put...
Persistent link: https://www.econbiz.de/10010942095
This paper experimentally explores group decision-making in a two-player power-to-take game. Discussions preceding … with individual behavior, group behavior depends crucially on the decision rules that subject use to arrive at their group … decision; (2) groups ignore the decision rule of their ‘opponents’ and typically view other groups as if they were single …
Persistent link: https://www.econbiz.de/10004968336
authority and responder. Both players in each pair have earned an own income in an individual real effort decision …-making experiment preceding the take game. The game consists of two stages. In the first stage, the take authority decides how much …
Persistent link: https://www.econbiz.de/10005137100
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we confront subjects after a first auction series with a positive or negative random economic shock. We then explore the relation between emotions and bidding behavior in a second...
Persistent link: https://www.econbiz.de/10005137109