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Time-inconsistent bargaining and cross-commitments

Utset, Manuel A. - In: Games 14 (2023) 3, pp. 1-21

will act in a time-consistent fashion. When time-inconsistent players incur immediate bargaining costs to produce delayed … whether they engage in repeated time-inconsistent bargaining. A naïve player who engages in time-inconsistent bargaining will … suffer welfare losses. We show that time-inconsistent bargaining can also create spillover welfare losses for other players …

Persistent link: https://www.econbiz.de/10014422534

Generalized hyperbolic discounting in security games of timing

Merlevede, Jonathan; Johnson, Benjamin; Grossklags, Jens; … - In: Games 14 (2023) 6, pp. 1-52

In recent years, several high-profile incidents have spurred research into games of timing. A framework emanating from the FlipIt model features two covert agents competing to control a single contested resource. In its basic form, the resource exists forever while generating value at a constant...

Persistent link: https://www.econbiz.de/10014443306

Gender differences in the response to decision power and responsibility : framing effects in a dictator game

Bruttel, Lisa Verena; Stolley, Florian - In: Games 9 (2018) 2/28, pp. 1-16

This paper studies the effects of two different frames on decisions in a dictator game. Before making their allocation decision, dictators read a short text. Depending on the treatment, the text either emphasizes their decision power and freedom of choice or it stresses their responsibility for...

Persistent link: https://www.econbiz.de/10011849527

Gender differences in the response to decision power and responsibility: Framing effects in a dictator game

Bruttel, Lisa; Stolley, Florian - In: Games 9 (2018) 2, pp. 1-16

Persistent link: https://www.econbiz.de/10011852744

Patience or fairness? : analyzing social preferences in repeated games

Duffy, John; Muñoz-García, Félix - In: Games 3 (2012) 1, pp. 56-77

”substitute” for time discounting in the infinitely repeated game, as fairness helps sustain cooperation for lower discount … cooperative behavior observed in recent experimental repeated games can be rationalized using time preferences alone (patience) or … a combination of time and social preferences (fairness). …

Persistent link: https://www.econbiz.de/10009752853

The positive impact of task familiarity, risk propensity, and need for cognition on observed timing decisions in a security game

Reitter, David; Grossklags, Jens - In: Games 10 (2019) 4/49, pp. 1-18

This paper addresses the role of personality characteristics in decisions on the timing of an action, such as in the context of security and safety choices. Examples of such decisions include when to check log files for intruders and when to monitor financial accounts for fraud or errors. Two...

Persistent link: https://www.econbiz.de/10012167748

Time-preference heterogeneity and multiplicity of equilibria in two-group bargaining

Cardona-Coll, Daniel; Rubí-Barceló, Antoni - In: Games 7 (2016) 2, pp. 1-17

instantaneous preferences. In one of these groups there is one agent with a different discount factor. We analyze how this time …

Persistent link: https://www.econbiz.de/10011515611

Overconfidence and timing of entry

Santos-Pinto, Luis; Pires, Tiago - In: Games 11 (2020) 4/44, pp. 1-19

We analyze the impact of overconfidence on the timing of entry in markets, profits, and welfare using an extension of the quantity commitment game. Players have private information about costs, one player is overconfident, and the other one rational. We find that for slight levels of...

Persistent link: https://www.econbiz.de/10012432306

The impact of gifts and shared experiences on an investor-manager relationship

Hoyer, Maximilian; Winden, Frans A. A. M. van - In: Games 16 (2025) 3, pp. 1-39

This paper experimentally investigates the relationship between an investor and a project manager. Project managers choose from a pool of projects, the success probabilities of which are uncertain. Investors can change projects, but also have to change project managers if they want to do so. An...

Persistent link: https://www.econbiz.de/10015433878

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