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controlled classroom experiment show that women are more responsive to such contextual effects and that social agreements can …
Persistent link: https://www.econbiz.de/10010960598
. Furthermore, we discuss how such a preference can be integrated in the modelling of utility in order to account for the …
Persistent link: https://www.econbiz.de/10005785811
social norms. This paper describes the methods and tools of experimental game theory and provides a selection of games that … have been useful. We also discuss the role of evolutionary explanations of and social preference theory in organizing the …
Persistent link: https://www.econbiz.de/10005585655
We examine cooperative behavior when large sums of money are at stake, using data from the television game show <i>Golden Balls</i>. At the end of each episode, contestants play a variant on the classic prisoner's dilemma for large and widely ranging stakes averaging over $20,000. Cooperation is...
Persistent link: https://www.econbiz.de/10010990533
In a market of consumers with varying willingness to pay, using product line as a discrimination tool may extract higher profits than serving all consumers with a single product. Local context effects, however, point to yet another consideration in designing product lines: how the appeal of a...
Persistent link: https://www.econbiz.de/10008787877
This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of … first part of the experiment is seen as a kind of training period. The different treatments of the coordination game are, in … a same situation. Our experiment suggests that the preliminary training influences how the second game is perceived …
Persistent link: https://www.econbiz.de/10008784631
: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than … efficiency, the social planner tries to choose the partition rule-a rule dictating how type space is partitioned to group bidders … who submit the same bid together-to maximize efficiency. With the efficient partition rule, we implement bid levels with …
Persistent link: https://www.econbiz.de/10009450772
An explanation for motivation crowding-out phenomena is developed in a social preferences framework. Besides selfish and fair or altruistic types a third type of agents is introduced: These ‘conformists' have social preferences if they believe that sufficiently many of the others do too. When...
Persistent link: https://www.econbiz.de/10005761807
In attempting to understand cooperation, economists have used the methods of experimental economics to focus on spheres of human behavior in which humans display altruism, reciprocity, or other social preferences through giving and through punishment. Recent work has begun to examine whether...
Persistent link: https://www.econbiz.de/10009365980
Social norms are often posited as an explanation of differences in economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. Economists are often reluctant to incorporate social aspects into their analyses when doing so leads to...
Persistent link: https://www.econbiz.de/10008498068