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Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games

Sutter, Matthias - 2010

We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash strategy significantly more often, and their choices...

Persistent link: https://www.econbiz.de/10013148075

Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation, and Trust

Columbus, Simon; Feld, Lars P.; Kasper, Matthias; … - 2023

This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...

Persistent link: https://www.econbiz.de/10014346014

Anger Management : Aggression and Punishment in the Provision of Public Goods

Gee, Laura K. - 2017

The ability to punish free-riders can increase the provision of public goods. However, sometimes the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...

Persistent link: https://www.econbiz.de/10012964994

Peers or Police? Detection and Sanctions in the Provision of Public Goods

DeAngelo, Gregory - 2018

Sanctions are a common method to discourage free-riding in the provision of public goods. However, we can usually only sanction those who are detected performing the bad act of free-riding. There has been considerable research on the type of sanctions imposed, but this research almost always...

Persistent link: https://www.econbiz.de/10012918262

Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis : Relational Contracts with Individual and Uniform Wages

Kocher, Martin - 2012

that receive different wages. We present the first test of this component, which we call the fair uniform-wage hypothesis …

Persistent link: https://www.econbiz.de/10013108598

Gender Differences in Risk Aversion : Do Single-Sex Environments Affect Their Development?

Booth, Alison L. - 2011

economically important ways. To test this, we designed a controlled experiment using first year college students who made choices … observed gender differences in behaviour under uncertainty found in previous studies might partly reflect social learning …

Persistent link: https://www.econbiz.de/10013118042

Efficiency Gains from Team-Based Coordination : Large-Scale Experimental Evidence

Feri, Francesco; Irlenbusch, Bernd; Sutter, Matthias - 2021

differences between individuals and teams using the experience weighted attraction learning model …

Persistent link: https://www.econbiz.de/10013324929

Efficiency Gains from Team-Based Coordination - Large-Scale Experimental Evidence

Feri, Francesco - 2008

differences between individuals and teams using the experience weighted attraction learning model …

Persistent link: https://www.econbiz.de/10012723003

Information and Learning in Oligopoly : An Experiment

Bigoni, Maria - 2013

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the … simultaneous analysis of data on the information gathered and on actions taken by the subjects. Results suggest that learning is a …

Persistent link: https://www.econbiz.de/10013088340

Information and Beliefs in a Repeated Normal-Form Game

Fehr, Dietmar; Kübler, Dorothea; Danz, David - 2021

feedback as the main driving force of learning to play strategically and to form beliefs that accurately predict the behavior …

Persistent link: https://www.econbiz.de/10013325045