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Different evaluators typically disagree how to rank different candidates since they care more or less for the various qualities of the candidates. It is assumed that all evaluators submit vector bids assigning a monetary bid for each possible rank order. The rules must specify for all possible...
Persistent link: https://www.econbiz.de/10008991294
projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …
Persistent link: https://www.econbiz.de/10009784119
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the …. -- Keywords: Individual behavior ; group membership ; team decision-making ; experiment …Charness et al. (2007b) have shown that group membership has a strong effect on individual decisions in strategic games …
Persistent link: https://www.econbiz.de/10003768048
Persistent link: https://www.econbiz.de/10003593060
bid vector with six components (the six possible rankings of the three alternatives). In a laboratory experiment we test …
Persistent link: https://www.econbiz.de/10009500726
. -- alternating offers bargaining experiment ; inter-group behavior ; inter-individual behavior …
Persistent link: https://www.econbiz.de/10009579900
, that the impact of the patient member can be quite small. -- bargaining experiment ; heterogeneous group members …
Persistent link: https://www.econbiz.de/10009569635
effects on trust and performance in exchange relations through a laboratory experiment. Formal institutions are modeled as …
Persistent link: https://www.econbiz.de/10011349339
The satisficing approach is generalized and applied to finite n-person games. Based on direct elicitation of aspirations, we formally define the concept of satisficing, which does not exclude (prior-free) optimality but includes it as a border case. We also review some experiments on strategic...
Persistent link: https://www.econbiz.de/10003770444