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Three-Player Trust Game with Insider Communication
Sheremeta, Roman M.; Zhang, Jingjing - Economic Science Institute (ESI), Argyros School of … - 2013
We examine behavior in a three-player trust game in which the first player may invest in the second and the second may invest in the third. Any amount sent from one player to the next is tripled. The third player decides the final allocation among three players. The baseline treatment with no...
Persistent link: https://www.econbiz.de/10010817432
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Multi-Level Trust Game with “Insider” Communication
Sheremeta, Roman M.; Zhang, Jingjing - Economic Science Institute (ESI), Argyros School of … - 2009
This experiment studies the internal and external effects of communication in a multilevel trust game. In this trust game, the first player can send any part of his endowment to the second player. The amount sent gets tripled. The second player decides how much to send to the third player. The...
Persistent link: https://www.econbiz.de/10008556051
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A Laboratory Study of a Multi-Level Trust Game with Communication
Sheremeta, Roman M.; Zhang, Jingjing - Department of Economics, McMaster University - 2009
This experimental study explores how communication influences efficiency, trust and trustworthiness in a small group when one member is left out of communication. To study this problem, we introduce a novel three-player trust game where player 1 can send any portion of his endowment to player 2....
Persistent link: https://www.econbiz.de/10008528460
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Facing Your Opponents: Social Identification and Information Feedback in Contests
Mago, Shakun; Samak, Anya; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013
We experimentally investigate the effect of social identification and information feedback on individual behavior in …. Identifying subjects through photo display decreases wasteful effort. Providing information feedback about others’ effort does not … improved information feedback decreases the heterogeneity of effort. …
Persistent link: https://www.econbiz.de/10011259314
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Facing Your Opponents: Social identification and information feedback in contests.
Mago, Shakun D.; Savikhin, Anya C.; Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2012
We experimentally investigate the effect of social identification and information feedback on individual behavior in … contests. Identifying subjects through photo display decreases efforts. Providing information feedback about others’ effort …. Information feedback reduces the within-group volatility in effort level and facilitates greater adherence to the ‘group norm …
Persistent link: https://www.econbiz.de/10010817374
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An Experimental Investigation of Colonel Blotto Games
Chowdhury, Subhasish; Kovenock, Dan; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2011
This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support the main qualitative predictions of the theory. In the auction treatment, where winning...
Persistent link: https://www.econbiz.de/10011258037
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Experimental Comparison of Multi-Stage and One-Stage Contests
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009
This article experimentally studies a two-stage elimination contest and compares its performance with a one-stage contest. Contrary to the theory, the two-stage contest generates higher revenue than the equivalent one-stage contest. There is significant over-dissipation in both stages of the...
Persistent link: https://www.econbiz.de/10011258638
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Resource Allocation Contests: Experimental Evidence
Shupp, Robert; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...
Persistent link: https://www.econbiz.de/10011259038
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Essays on Experimental Investigation of Lottery Contests
Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2009
A contest is a situation in which individuals or groups expend costly resources while competing to win a specific prize. The variety of economic situations that can be described as contests has attracted enormous attention from economic theorists. Despite the extensive theoretical research of...
Persistent link: https://www.econbiz.de/10011259262
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Best-of-Three Contest Experiments: Strategic versus Psychological Momentum
Mago, Shakun; Sheremeta, Roman; Yates, Andrew - Volkswirtschaftliche Fakultät, … - 2012
We conduct an experimental analysis of a best-of-three contest. Intermediate prizes lead to higher efforts, while increasing the role of luck (as opposed to effort) leads to lower efforts. Both intermediate prizes and luck reduce the probability of contest ending in two rounds. The patterns of...
Persistent link: https://www.econbiz.de/10011259589