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Persistent link: https://www.econbiz.de/10008657601
We use a limited information environment to mimic the state of confusion in an experimental, repeated public goods game. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games. However, closer inspection shows that individual decay...
Persistent link: https://www.econbiz.de/10009735336
policy. -- bargaining experiment ; outside option ; search …
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This paper studies a two-sided incomplete information bargaining model between a seller and a buyer. The buyer has an outside option, which is modeled as a sequential search process during which he can also choose to return to bargaining at any time. Two cases considered: In Regime I, both...
Persistent link: https://www.econbiz.de/10009731150
Persistent link: https://www.econbiz.de/10003568122
We study a randomly-assigned program providing information on U.S. settlement for new Filipino immigrants. The intervention, a 2.5-hour pre-departure training and an accompanying paper handbook, has no effect on employment, settlement, and subjective wellbeing, but leads immigrants to acquire...
Persistent link: https://www.econbiz.de/10012650212
who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role …
Persistent link: https://www.econbiz.de/10011548973
As we have demonstrated in a recent laboratory experiment [see Sebald and Walzl (2012)], individuals tend to sanction …
Persistent link: https://www.econbiz.de/10009742622
We conduct a laboratory experiment with agents working on and principals benefitting from a real effort task in which …
Persistent link: https://www.econbiz.de/10009742627