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Systematic experiments with distribution games (for a survey, see Roth, 1995, ) haveshown that participants are strongly motivated by fairness and efficiency considerations.This evidence, however, results mainly from experimental designs asking directly for sharingmonetary rewards. But even when...
Persistent link: https://www.econbiz.de/10005866809
We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses … retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the opposite gender …
Persistent link: https://www.econbiz.de/10005866879
absorptionand experimentally test the effects of informing none, some, or all playersabout how to derive equilibrium predictions. …
Persistent link: https://www.econbiz.de/10005866646
A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … interfer more with bargaining behavior than conventional arbitration where the bargaining behavior was similar to the no …-arbitration treatment. Under final offer arbitration, negotiators adjust their bargaining strategy to the arbitrator's expected award. …
Persistent link: https://www.econbiz.de/10010297233
trades due to information asymmetries.In order to create a potential for social learning, we provide subjects with …
Persistent link: https://www.econbiz.de/10005866640
(Berg et al., Games and Economic Behaviour, 1995), which we also extend by proving information of a potential trustee …
Persistent link: https://www.econbiz.de/10010297242
Value Surveys may reveal well-behaved societies by the statistical treatment of the agents` declarations of compliance with social values. Similarly, the results of experiments conducted on games with conflict of interest trace back to two important primitives of social capital trust and...
Persistent link: https://www.econbiz.de/10005859519
We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...
Persistent link: https://www.econbiz.de/10011985278
in strategic settings. This article studies the role of anchoring bias in private-value auctions. We test experimentally …
Persistent link: https://www.econbiz.de/10012290342
Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we...
Persistent link: https://www.econbiz.de/10014467730