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Several online market sites, such as eBay, have implemented reputation management mechanisms in order to improve cooperation. In this article, we aim at investigating the emergence of trust and cooperation in presence of reputation mechanism. In a series of experiments based on the trust game...
Persistent link: https://www.econbiz.de/10005771918
In incentive-alignment choice experiments, each decision is realized with some prob- ability prob 1. Incentive alignment induces truth telling, i.e., respondents do not consciously lie, given the information they have processed. However, based on the psychological distance literature and the...
Persistent link: https://www.econbiz.de/10011551349
Persistent link: https://www.econbiz.de/10003298657
Gender differences are often observed in real life-situations. We implement an experiment on the investment game which …
Persistent link: https://www.econbiz.de/10015223257
Abstract: The decision theory under risk or uncertainty has for object to describe the behavior of agents facing several uncertainty perspectives, waited that every agent is characterized by preferences that are him clean. As it is difficult to describe these preferences exhaustively, we try to...
Persistent link: https://www.econbiz.de/10015223417
The decision theory under risk or uncertainty has object to describe the behaviour of agents facing several uncertainty perspectives, waited that every agent is characterized by his own preferences. As it is difficult to describe these preferences exhaustively, we try to represent them: thus,...
Persistent link: https://www.econbiz.de/10015258648
Abstract: The decision theory under risk or uncertainty has for object to describe the behavior of agents facing several uncertainty perspectives, waited that every agent is characterized by preferences that are him clean. As it is difficult to describe these preferences exhaustively, we try to...
Persistent link: https://www.econbiz.de/10015254886
Abstract: The decision theory under risk or uncertainty has for object to describe the behavior of agents facing several uncertainty perspectives, waited that every agent is characterized by preferences that are him clean. As it is difficult to describe these preferences exhaustively, we try to...
Persistent link: https://www.econbiz.de/10015254909
reference points in a Prospect Theory framework. In order to test this explanation, this article applies the method of … experiment in which they had to perform a task over fifteen stages grouped in three blocks or levels. In order to continue … through the experiment, a minimum level of success was required at the end of each level. Rewards were dependent on the final …
Persistent link: https://www.econbiz.de/10005100555
This study experimentally tests whether a modification to the centralized quota sales system is capable of lowering the price of the milk quota in Québec, while at the same time minimizing the negative impacts on the auction's efficiency. This modification consists of applying two treatments on...
Persistent link: https://www.econbiz.de/10005100647