Showing 1 - 10 of 129
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10005585660
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The game-theoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10005760915
This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can …-interest theory but is consistent with theories of fairness. …
Persistent link: https://www.econbiz.de/10005585634
Recently developed models of fairness can explain a wide variety of seemingly contradictory facts. The most … controversial and yet unresolved issue in the modeling of fairness preferences concerns the behavioral relevance of fairness … intentions. Intuitively, fairness intentions seem to play an important role in economic relations, political struggles and legal …
Persistent link: https://www.econbiz.de/10005627833
exclusively based on preferences over the distribution of material payoffs. Models that take into account players’ fairness …
Persistent link: https://www.econbiz.de/10005627957
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10005627998
’ payoffs. In a laboratory experiment we investigate whether players (a) learn the game they are playing, (b) learn to predict …
Persistent link: https://www.econbiz.de/10005184880
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818526
-social acts? In a laboratory experiment, we find that third parties punish reluctantly: they state a preference to punish, but …
Persistent link: https://www.econbiz.de/10011122271
Experimental games turned out to be remarkably productive tools for examining the nature of social preferences and social norms. This paper describes the methods and tools of experimental game theory and provides a selection of games that have been useful. We also discuss the role of...
Persistent link: https://www.econbiz.de/10005585655