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We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value … recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …, recipients in a second experiment reveal a strong preference for pre-decision messages: Their willingnessto pay for pre …
Persistent link: https://www.econbiz.de/10010361495
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …
Persistent link: https://www.econbiz.de/10010364762
order to disentangle different choice dynamics, they devise a laboratory experiment with a novel experimental task in which … they model the choice of different alternatives through high or low cognitive costs and feedback information provided to …
Persistent link: https://www.econbiz.de/10010425055
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
The assumptions that subjects hold beliefs and that the chosen actions are not altered by a proper elicitation of these beliefs are widely used in economics. In this paper I experimentally test whether the second assumption is correct. Especially controlling for different game properties, I find...
Persistent link: https://www.econbiz.de/10010487275
policy. -- bargaining experiment ; outside option ; search …
Persistent link: https://www.econbiz.de/10009737082
Persistent link: https://www.econbiz.de/10003887190
Narratives pervade almost any aspect of our life and play a particularly important role in moral and prosocial decision-making. We study how positive (stories in favor of a prosocial action) and negative (stories in favor of a selfish action) narratives influence prosocial behavior. Our main...
Persistent link: https://www.econbiz.de/10011977855
laboratory experiment, we find that more than 75% of subjects play strategies that belong to the predicted equilibrium set …
Persistent link: https://www.econbiz.de/10012005678