Showing 1 - 10 of 48
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite … requires information about all later pie sizes and probabilities, forward reasoning is expected to consider only the immediate … backward induction by control of information retrieval. We find that participants who begin with the shortest games before …
Persistent link: https://www.econbiz.de/10009569647
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite … requires information about all later pie sizes and probabilities, forward reasoning is expected to consider only the immediate … backward induction by control of information retrieval. We find that participants who begin with the shortest games before …
Persistent link: https://www.econbiz.de/10009559932
"Approximate truth" refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10009569649
"Approximate truth" refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10009546724
This paper presents results from an experiment designed to study the effect of self reporting risk preferences on strategy choices made in a subsequently played 2 X 2 coordination game. The main finding is that the act of answering a questionnaire about one's own risk preferences significantly...
Persistent link: https://www.econbiz.de/10009380401
This paper presents results from an experiment designed to study the effect of self reporting risk preferences on strategy choices made in a subsequently played 2x2 coordination game. The main finding is that the act of answering a questionnaire about one's own risk preferences significantly...
Persistent link: https://www.econbiz.de/10009381323
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...
Persistent link: https://www.econbiz.de/10008841787
information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes failed to … or not they would opt for the corrupt alternative. Furthermore, varying the quantity of information available to players …
Persistent link: https://www.econbiz.de/10008654377
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...
Persistent link: https://www.econbiz.de/10009315048
, and information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes … of whether or not they would opt for the corrupt alternative. Furthermore, varying the quantity of information available …
Persistent link: https://www.econbiz.de/10009567098