Showing 1 - 5 of 5
This paper presents a methodology to study the identification of the content of focal points (Schelling 1960). This question is important for external validity and operationalising theories of decision making (e.g. team-reasoning and level-k). Choices implied by different concepts are mapped...
Persistent link: https://www.econbiz.de/10010571489
Recent papers hypothesize that an asymmetry in regret motivates aggressive bidding in laboratory first-price auctions. Subjects emphasize potential earnings foregone from being outbid. Proposed motivators of this asymmetry include the one-to-one relationship in the auction between winning and...
Persistent link: https://www.econbiz.de/10010571499
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network dimensions (friendship, social support, economic exchange, etc.) in a rural village in the Southern hemisphere and measure generosity with a sequence of dictator games conducted in...
Persistent link: https://www.econbiz.de/10010571500
Do the insights into human behavior generated by laboratory experiments hold outside the lab? This is the crucial question of external validity that naturally troubles both experimentalists and their critics. We address this question by adopting Popper's injunction that hypotheses should be...
Persistent link: https://www.econbiz.de/10010571501
Intra-household efficiency is tested by using experimental data from variants of a public good game from 240 couples in rural Uganda. Spouses frequently do not maximise surplus from cooperation and realise a greater surplus when women are in charge of allocating the common pool. Women contribute...
Persistent link: https://www.econbiz.de/10010571510