Similar Search Results

Chapter 62 Game theory and experimental gaming

Shubik, Martin - In: Handbook of game theory with economic applications : …, (pp. 2327-2351). 2002

This is a survey and discussion of work covering both formal game theory and experimental gaming prior to 1991. It is a useful preliminary introduction to the considerable change and emphasis which has taken place since that time where dynamics, learning, and local optimization have challenged...

Persistent link: https://www.econbiz.de/10014024483

Learning in network games

Kovářík, Jaromír; Mengel, Friederike; Romero, J. Gabriel - In: Quantitative economics : QE ; journal of the … 9 (2018) 1, pp. 85-139

We report the findings of experiments designed to study how people learn in network games. Network games offer new opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their information requirements. Our experimental...

Persistent link: https://www.econbiz.de/10011884406

Negative reciprocity and the interaction of emotions and fairness norms

Reuben, Ernesto; Winden, Frans A. A. M. van - 2005

This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...

Persistent link: https://www.econbiz.de/10011343297

Voluntary leadership and asymmetric endowments in the investment game

Kleine, Fabian; Königstein, Manfred; Rozsnyói, Balázs - In: Games 9 (2018) 3/51, pp. 1-21

We experimentally investigate variants of the investment game by Berg, Dickhaut, and McCabe (1995), in which one of the two players decides who are first mover and second mover. It has been shown by Kleine, Königstein, and Rozsnyói (2014) that voluntary leadership increases both investment and...

Persistent link: https://www.econbiz.de/10011891072

Don't hate the player, hate the game : uncovering the foundations of cheating in contests

Dutcher, E. Glenn; Glätzle-Rützler, Daniela; Ryvkin, … - 2016

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

Price competition and market concentration : an experimental study

Dufwenberg, Martin; Genîzî, Ûrî - 1998

The classical price competition model (named after Bertrand), prescribes that in equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the number of competitors. Since this outcome is not in line with real-life observations, it is known as the Bertrand Paradox. Many...

Persistent link: https://www.econbiz.de/10011587852

Fairness preferences in a bilateral trade experiment

Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1/8, pp. 1-17

Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...

Persistent link: https://www.econbiz.de/10012168600

The behavioral economics of artificial intelligence : lessons from experiments with computer players

March, Christoph - 2019 - This version: October 21, 2019

Artificial intelligence (AI) is starting to pervade the economic and social life rendering strategic interactions with artificial agents more and more common. At the same time, experimental economic research has increasingly employed computer players to advance our understanding of strategic...

Persistent link: https://www.econbiz.de/10012120215

Bargaining with charitable promises : true preferences and strategic behavior

Lange, Andreas; Schwirplies, Claudia - 2021

We report experimental ﬁndings on the role of charitable promises in bargaining settings. We vary the enforceability of such promises within variants of ultimatum games where the proposer suggest a split between himself, the responder and a char-itable donation. By reneging on initial pledges,...

Persistent link: https://www.econbiz.de/10012534829

Acceptance of collective decisions : an experimental study using the mind game and scales of short-run affective state

Bischoff, Ivo; Nhat Luong; Madias, Konstantinos; … - 2024 - This version: May 15, 2024

We run an experiment on the impact of involvement and outcome favorability on the acceptance of collective decisions …. It involves 763 students at the Poznan University of Economics and Management. The collective decision chooses one out of … four projects to improve students' study conditions. We measure acceptance by their behavioral and affective response to …

Persistent link: https://www.econbiz.de/10014530724