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We study experimentally how players learn to make decisions if they face many different (normal-form) games. Games are generated randomly from a uniform distribution in each of 100 rounds. We find that agents do extrapolate between games but learn to play strategically equivalent games in the...
Persistent link: https://www.econbiz.de/10010856518
We experimentally investigate the effect of population viscosity (an increased probability to interact with others of one's type or group) on cooperation in a standard prisoner's dilemma environment. Subjects can repeatedly choose between two groups that differ in the defector gain in the...
Persistent link: https://www.econbiz.de/10005066742
We experimentally investigate the effect of imperfect separation of groups on group selection and cooperation in a standard prisoner¿s dilemma environment. Subjects can repeatedly choose between two groups, where in one of them an institutionalized norm fosters cooperation. The degree of...
Persistent link: https://www.econbiz.de/10005731436
We experimentally analyze first and second price auctions where one bidder can achieve a comparative advantage by investment prior to the auction. We find that, as predicted by theory, bidders invest more often prior to second price auctions than prior to first price auctions. In both auction...
Persistent link: https://www.econbiz.de/10005704402
We study experimentally how players learn to make decisions if they face many different (normal-form) games. Games are generated randomly from a uniform distribution in each of 100 rounds. We find that agents do extrapolate between games but learn to play strategically equivalent games in the...
Persistent link: https://www.econbiz.de/10005219996
We experimentally investigate the effect of population viscosity (an increased probability to interact with others of one's type or group) on cooperation in a standard prisoner's dilemma environment. Subjects can repeatedly choose between two groups that differ in the defector gain in the...
Persistent link: https://www.econbiz.de/10005212586
Abstract We experimentally investigate the effect of endogenous matching within a segmented population on peoples' willingness to cooperate as well as their attitudes towards cooperative norms. In the experiment participants can repeatedly choose between two groups, where in one of them a...
Persistent link: https://www.econbiz.de/10009142709
Delaying acceptance decisions in the Ultimatum Game drastically increases acceptance of low offers. While in treatments without delay less than 20% of low offers are accepted, 60-80% are accepted as we delay the acceptance decision by around 10 min.
Persistent link: https://www.econbiz.de/10009018773
Persistent link: https://www.econbiz.de/10008245135
Persistent link: https://www.econbiz.de/10010044571