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Engle-Warnick, Jim; Hopkins, Ed - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We report experiments designed to test the theoretical possibility, first discovered by Shapley (1964), that in some … games learning fails to converge to any equilibrium, either in terms of marginal frequencies or of average play. Subjects … equilibrium of one game is predicted to be stable under learning, the other unstable, provided payoffs are sufficiently high. We …

Persistent link: https://www.econbiz.de/10005101118

Learning from Strike

Tournadre, Fabienne; Villeval, Marie-Claire - Centre Interuniversitaire de Recherche en Analyse des … - 2001

bargaining outcomes. It develops and tests Kuhn and Gu (1999) s model of learning in sequential wage negotiations, by means of …

Persistent link: https://www.econbiz.de/10005169010

Local Interactions

Özgür, Onur - Centre Interuniversitaire de Recherche en Analyse des … - 2010

Local interactions refer to social and economic phenomena where individuals' choices are influenced by the choices of others who are `close' to them socially or geographically. This represents a fairly accurate picture of human experience. Furthermore, since local interactions imply particular...

Persistent link: https://www.econbiz.de/10008591372

Trust and Reputation Building in E-Commerce

Keser, Claudia - Centre Interuniversitaire de Recherche en Analyse des … - 2002

differ in structure and probably functionality. In a series of experiments, this study examines the impact of two simple …

Persistent link: https://www.econbiz.de/10005100984

A Micro-foundation for the Laffer Curve In a Real Effort Experiment

Lévy-Garboua, Louis; Masclet, David; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2006

A conjecture of Laffer, which had considerable influence on fiscal doctrine, is that tax revenues of a Leviathan state eventually decrease when the tax rate exceeds a threshold value. We conduct a real effort experiment, in which a worker is matched with a non-working partner, to elicit the...

Persistent link: https://www.econbiz.de/10005101088

Experimental Investigation of Supplier-Retailer Contracts: The Wholesale Price Contract

Keser, Claudia; Paleologo, Giuseppe A. - Centre Interuniversitaire de Recherche en Analyse des … - 2004

We examine decision making in a simple supplier-retailer wholesale price contract in the experimental economics laboratory. We observe wholesale prices and order quantities below the game-theoretical predictions. The supply chain's efficiency is as predicted but profits are more equitably...

Persistent link: https://www.econbiz.de/10005101106

Willingness to Pay to Reduce Future Risk

Engle-Warnick, Jim; Héroux, Julie; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2009

We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment … of uncertainty in our experiments. In two additional treatments, we control for future uncertainty with a continuation …

Persistent link: https://www.econbiz.de/10004988529

A Theory of Environmental Risk Disclosure

Gozlan, Estelle; Sinclair-Desgagné, Bernard - Centre Interuniversitaire de Recherche en Analyse des … - 2001

The regulation of environmental risks increasingly emphasizes the awareness and empowerment of stakeholders. The success of this approach, however, seems to depend crucially on the quality of environmental disclosures. In this paper we investigate the amount and quality of the information that...

Persistent link: https://www.econbiz.de/10005100795

Do Wealth Differences Affect Fairness Considerations?

Armantier, Olivier - Centre Interuniversitaire de Recherche en Analyse des … - 2006

however, behavior becomes at odds with both subgame perfection and fairness. Evidence of learning is detected for both … proposers and receivers in the estimation of a structural reinforcement learning model. The estimation results suggest that …

Persistent link: https://www.econbiz.de/10005100867

Dynamics of Provision of Threshold Public Goods

Dragicevic, Arnaud; Engle-Warnick, Jim - Centre Interuniversitaire de Recherche en Analyse des … - 2011

Agents face an ambiguous risk of biodiversity survival as well as ambiguous expected losses from its extinction. As a collectivity, agents are faced with the option of privately funding the protection of biodiversity for biomedical research. We propose two evolutionary models of threshold public...

Persistent link: https://www.econbiz.de/10009147628