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Daskalova, Vessela; Vriend, Nicolaas J. - 2021

suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …

Persistent link: https://www.econbiz.de/10012602347

When and how the punishment must fit the crime

Mailath, George J.; Nocke, Volker; White, Lucy - 2015

In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu,1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...

Persistent link: https://www.econbiz.de/10011491781

Herding differently : a level-k model of social learning

Penczynski, Stefan P. - 2013

This paper proposes a behavioral model of social learning that unies various forms of inferential reasoning in one … present evidence from three sources that these are the prevalent types of reasoning in social learning: a review of social … learning studies, existing data from Celen and Kariv (2004) as well as new experimental data that includes written accounts of …

Persistent link: https://www.econbiz.de/10011490245

Social networks and the process of "globalization"

Duernecker, Georg; Vega-Redondo, Fernando - 2012

We propose a stylised dynamic model to understand the role of social networks in the phenomenon we call "globalization." This term refers to the process by which even agents who are geographically far apart come to interact, thus being able to overcome what would otherwise be a fast saturation...

Persistent link: https://www.econbiz.de/10011490085

Decision making analysis to assess the silent aircraft projects

Morimoto, Risako (contributor); Hope, Chris W. (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002435997

The effect of movida on residential property prices : an example from Turin

Ottoz, Elisabetta; Pavese, Piermassimo; Sella, Lisa - 2020

Persistent link: https://www.econbiz.de/10012387687

Do legal standards affect ethical concerns of consumers? : An experiment on minimum wages

Danz, David; Engelmann, Dirk; Kübler, Dorothea - 2012

To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the consumers exhibit...

Persistent link: https://www.econbiz.de/10011489877

Effciency concern under asymmetric information

Winschel, Evguenia; Zahn, Philipp - 2012

Experimental evidence from simple distribution games supports the view that some individuals have a concern for the effciency of allocations. This motive could be important for the implementation of economic policy proposals. In a typical lab experiment, however, individuals have much more...

Persistent link: https://www.econbiz.de/10011490225

When ignorance is bliss : information asymmetries enhance prosocial behavior in dicator games

Winschel, Evguenia; Zahn, Philipp - 2014

In most laboratory experiments concerning prosocial behavior subjects are fully informed how their decision influences …

Persistent link: https://www.econbiz.de/10011492114

Pessimism and overcommitment : an online experiment with tempting YouTube content

Ek, Claes; Samahita, Margaret - 2022

This paper explores the possibility that demand for costly commitment may prove unnecessary and thus excessive. In an online experiment, subjects face a tedious productivity task where tempting YouTube videos invite procrastination. Subjects can pay for a commitment device that removes the...

Persistent link: https://www.econbiz.de/10012805915