Showing 1 - 10 of 1,544
to more or less bluffing and varying aggression compared to Perfect Bayesian Equilibrium. Our experiment varies game …
Persistent link: https://www.econbiz.de/10015195038
Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this … paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … specified probabilistically under a transparent information condition. In particular, we study two types of punishment …
Persistent link: https://www.econbiz.de/10012460202
Since formal rules can only partially reduce opportunistic behavior, third-party sanctioning to promote fairness is critical to achieving desirable social outcomes. Social norms may underpin such behavior, but they can also undermine it. We study one such norm the "don't be a toad" norm, as it...
Persistent link: https://www.econbiz.de/10014635680
observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012480631
-by-minute trading observations from over 864,000 price realizations in a natural field experiment, we find data patterns consonant with …
Persistent link: https://www.econbiz.de/10012456074
method using data from an experiment with 550 participants who made choices over lotteries from multiple price lists …
Persistent link: https://www.econbiz.de/10012456879
We investigate whether experiencing a natural disaster affects risk-taking behavior. We conduct standard risk games (using real money) with randomly selected individuals in rural Indonesia. We find that individuals who recently suffered a flood or earthquake exhibit more risk aversion....
Persistent link: https://www.econbiz.de/10012459127
response (fear) triggered by a scary experience. To show the plausibility of this conjecture, we conduct a lab experiment. We …
Persistent link: https://www.econbiz.de/10012459377
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders,...
Persistent link: https://www.econbiz.de/10012463934
Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences, it induces preference-concordant rankings. However, recent evidence shows that--in both real, large-stakes applications and experiments--participants frequently play seemingly...
Persistent link: https://www.econbiz.de/10012480338