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Fairness preferences in a bilateral trade experiment

Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1/8, pp. 1-17

Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...

Persistent link: https://www.econbiz.de/10012168600

Fairness preferences in a bilateral trade experiment

Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1, pp. 1-17

Persistent link: https://www.econbiz.de/10012227801

Contribution-based grouping under noise

Nax, Heinrich H.; Murphy, Ryan O.; Duca, Stefano; … - In: Games 8 (2017) 4, pp. 1-23

Many real-world mechanisms are “noisy” or “fuzzy”, that is the institutions in place to implement them operate with non-negligible degrees of imprecision and error. This observation raises the more general question of whether mechanisms that work in theory are also robust to more...

Persistent link: https://www.econbiz.de/10011771262

Anticipated communication in the ultimatum game

Capizzani, Mario; Mittone, Luigi; Musau, Andrew; … - In: Games 8 (2017) 3, pp. 1-20

will reject a low offer, it remains an open question whether anticipated verbal communication can be effective in … the form of anticipated verbal communication (no communication, one-sided communication from proposers and two …-sided communication) and find that offers are significantly higher in the presence of anticipated two-sided communication. However …

Persistent link: https://www.econbiz.de/10011709209

Communication-enhancing vagueness

Wood, Daniel H. - In: Games 13 (2022) 4, pp. 1-27

I experimentally investigate how vague language changes the nature of communication in a biased strategic information … model showing that vague messages increase communication between boundedly rational players, especially if some senders are …

Persistent link: https://www.econbiz.de/10013367782

Is voting for a cartel a sign of cooperativeness?

Gillet, Joris - In: Games 12 (2021) 2, pp. 1-10

This paper tests the hypothesis that a (partial) reason why cartels - collective but costly and non-binding price agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are willing to form price agreements are more likely to be less...

Persistent link: https://www.econbiz.de/10012547790

Contribution-based grouping under noise

Nax, Heinrich H.; Murphy, Ryan O.; Duca, Stefano; … - In: Games 8 (2017) 4, pp. 1-23

Many real-world mechanisms are 'noisy' or 'fuzzy', that is the institutions in place to implement them operate with non-negligible degrees of imprecision and error. This observation raises the more general question of whether mechanisms that work in theory are also robust to more realistic...

Persistent link: https://www.econbiz.de/10011852716

Bimodal bidding in experimental all-pay auctions

Ernst, Christiane; Thöni, Christian - In: Games 4 (2013) 4, pp. 608-623

We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed...

Persistent link: https://www.econbiz.de/10010240829

Partner selection and the division of surplus : evidence from ultimatum and dictator experiments

Banerjee, Priyodorshi; Chakravarty, Sujoy; Ghosh, Sanmitra - In: Games 7 (2016) 1, pp. 1-18

We study ultimatum and dictator environments with one-way, unenforceable pre-play communication from the proposer to …

Persistent link: https://www.econbiz.de/10011453171

Reciprocity in labor market relationships : evidence from an experiment across high-income OECD countries

Waichman, Israel; Ch'ng, Kean Siang; Requate, Tilman; … - In: Games 6 (2015) 4, pp. 473-494

We study differences in behavior across countries in a labor market context. To this end, we conducted a bilateral gift-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We observe that in all countries, effort...

Persistent link: https://www.econbiz.de/10011383829