Showing 1 - 10 of 466
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naïve advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10011350357
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011327522
the variation in confidence and competition entry decisions. Conservatism is correlated across tasks and predicts …. Asymmetry is less stable across tasks, but predicts competition entry by increasing self-confidence. …
Persistent link: https://www.econbiz.de/10011483816
We analyze the behavior of producers who compete through price competition in a social environment from a sociological point of view. The standard model of Bertrand price competition is enriched with producers who follow a "Win Cooperate, Lose Defect" (WCLD) strategy. This strategy is a...
Persistent link: https://www.econbiz.de/10010232132
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems … mechanism to maintain cooperation among humans. In this paper we explore the boundary conditions for altruistic punishment to … maintain cooperation by systematically varying the cost and impact of punishment, using a subject pool which extends beyond the …
Persistent link: https://www.econbiz.de/10011343948
We examine whether social preferences are determined by hormones. We do this by investigating whether markers for the strength of prenatal testosterone exposure (finger length ratios) and current exposure to progesterone and oxytocin (the menstrual cycle) are correlated with choices in social...
Persistent link: https://www.econbiz.de/10011385989
Persistent link: https://www.econbiz.de/10010191396
used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use …
Persistent link: https://www.econbiz.de/10011386442
We experimentally investigate strategic communication about the impact of prosocial actions, which is central to policy … communication in moral domains, and help understand the fraught nature of political discussions about social impact. …
Persistent link: https://www.econbiz.de/10011895755
cheap-talk communication with evaluators. We use the chat among committee members to learn about, e.g., their beliefs about …
Persistent link: https://www.econbiz.de/10011895939