Showing 1 - 10 of 1,521
higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning … choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual …
Persistent link: https://www.econbiz.de/10009683019
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014319160
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … common knowledge and treatments where agents' types are private information. In all treatments, the (efficient) equilibrium …-like structures in real-life social networks. -- network formation ; stars ; heterogeneity ; laboratory experiments …
Persistent link: https://www.econbiz.de/10003115141
; median effort game ; experiment …
Persistent link: https://www.econbiz.de/10002881644
actions of bad actors. However, in many situations bad acts go undetected and unknown to others. We use a lab experiment to …
Persistent link: https://www.econbiz.de/10011865465
aggression. In this lab experiment, we find that adopting an objective attitude (Objective), through a form of emotion regulation …
Persistent link: https://www.econbiz.de/10011607404
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …-enhancing effects. -- gift exchange ; multiple agents ; uniform contracts ; collective wage ; experiment …
Persistent link: https://www.econbiz.de/10009533989
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all treatments a proposer has to divide a pie among herself and two groups of three recipients each. She cannot discriminate within, but across groups. A committee with representatives...
Persistent link: https://www.econbiz.de/10011387570
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011308480