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their results are compared with the results from experimental data. We test whether the models are capable of replicating …
Persistent link: https://www.econbiz.de/10009418465
Rodrigues-Neto (2009) has shown that a given specification of posteriors of different players in an incomplete-information …
Persistent link: https://www.econbiz.de/10009021683
prevent participants from using their world knowledge about antitrust, we experimentally test them on a neutral matrix game …
Persistent link: https://www.econbiz.de/10009021689
signalling game and test it experimentally. If we have participants play the naked game, at least a minority plays the game …
Persistent link: https://www.econbiz.de/10009226923
participant is averse to inequity. Information about these motivational forces stems from additional within subjects tests. All …
Persistent link: https://www.econbiz.de/10010686926
neglects the effects of failed collusion attempts. In such contingencies, information revealed in the negotiation process is … likely to affect the bidding behavior in firstprice (but not second-price) auctions. We test experimentally a setup in which … collusion is possible, but negotiations often break down and information is revealed in an asymmetric way. The existing …
Persistent link: https://www.econbiz.de/10011106492
Jerusalem (Israel), we test for a presentation bias in a two-person cooperation game. In the positive frame of the game, a …
Persistent link: https://www.econbiz.de/10008574250
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10010541288
Casual observation suggests that people are more generous with their time than with their money. In this paper we present experimental evidence supporting the hypothesis. A third of our subjects demand no compensation for non-monetary investments, whereas almost all subjects demand compensation...
Persistent link: https://www.econbiz.de/10005771168
game. Thereafter the same subjects play a private values (sealed-bid double auction) bargaining game with or without … communication. Communication substantially increases bargaining efficiency among subjects who cooperated in the Prisoners' dilemma …, but has no significant effect on bargaining outcomes when one subject defected. Subjects who cooperated in the Prisoners …
Persistent link: https://www.econbiz.de/10005649129