Showing 1 - 6 of 6
This paper experimentally studies an essential institutional feature of matching markets: Randomization of allocation priorities. I compare single and multiple randomization in the student assignment problem with ties. The Gale-Shapley deferred acceptance algorithm is employed after...
Persistent link: https://www.econbiz.de/10011478678
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient...
Persistent link: https://www.econbiz.de/10011349370
A game-theoretic framework that allows for explicitly randomized strategies is used to study the effect of ambiguity aversion on equilibrium outcomes. The notions of "independent strategies" as well as of "common priors" are amended to render them applicable to games in which players lack...
Persistent link: https://www.econbiz.de/10003947388
A robust feature of models of electoral competition between two opportunistic, purely office-motivated parties is that both parties become indistinguishable in equilibrium. I this short note, I show that this strong connection between the office motivation of parties and their equilibrium choice...
Persistent link: https://www.econbiz.de/10009312553
Common research on decision-making investigates non-interdependent situations, i.e., games against natureʺ. However … makes psychological decision-making more complex by introducing the outcomes for others as an additional attribute of that … frame. It examines whether some irrationalities of human decision-making might be explained by such a shift in grasping the …
Persistent link: https://www.econbiz.de/10003861848
Bracketing is a mental procedure about how people deal with multiple tasks. If a decision maker handles all the tasks … the context of a mini-trust game. The result shows that, in the narrow bracketing treatment, the investor (first mover) is …
Persistent link: https://www.econbiz.de/10009518332