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Gender pairing and bargaining : beware the same sex!
Sutter, Matthias; Bosman, Ronald; Kocher, Martin; … - 2008 - This version: December 2008
-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect … and retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the …-world organizations are discussed. -- gender pairing ; bargaining ; psychology ; experiment …
Persistent link: https://www.econbiz.de/10009733218
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Guilt-averse or reciprocal? : looking at behavioural motivations in the trust game
Engler, Yola; Kerschbamer, Rudolf; Page, Lionel - 2016
For the trust game, recent models of belief-dependent motivations make opposite predictions regarding the correlation between back-transfers and second- order beliefs of the trustor: While reciprocity models predict a negative correlation, guilt-aversion models predict a positive one. This paper...
Persistent link: https://www.econbiz.de/10011480420
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Beliefs and truth-telling : a laboratory experiment
Peeters, Ronald; Vorsatz, Marc; Walzl, Markus - 2012
We conduct a laboratory experiment with a constant-sum sender-receiver game to investigate the impact of individuals' first- and second-order beliefs on truth-telling. While senders are more likely to lie if they expect the receiver to trust their message (which is in line with expected payoff...
Persistent link: https://www.econbiz.de/10009742616
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What is trustworthiness and what drives it?
Cox, James C.; Kerschbamer, Rudolf; Neururer, Daniel - 2014
This paper reports the results of experiments designed to isolate the impact of various combinations of the following motives on trustworthiness: (i) unconditional other-regarding preferences - like altruism, inequality aversion, quasi-maximin, etc.; (ii) deal-responsiveness - reacting to...
Persistent link: https://www.econbiz.de/10010406346
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The impact of naive advice and observational learning in beauty-contest games
Kocher, Martin; Sutter, Matthias; Wakolbinger, Florian - 2007 - This version: January 24, 2007
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naive advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10009728176
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Distributional preferences explain individual behavior across games and time
Hedegaard, Morten; Kerschbamer, Rudolf; Müller, Daniel; … - 2019
We use a large and heterogeneous sample of the Danish population to investigate the importance of distributional preferences for behavior in a public good game and a trust game. We find robust evidence for the significant explanatory power of distributional preferences. In fact, compared to...
Persistent link: https://www.econbiz.de/10012009014
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How social preferences shape incentives in (experimental) markets for credence goods
Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - 2015 - This Version: February 2015
Credence goods markets suffer from inefficiencies caused by superior information of sellers about the surplus-maximizing quality. While standard theory predicts that equal mark-up prices solve the credence goods problem if customers can verify the quality received, experimental evidence...
Persistent link: https://www.econbiz.de/10010479932
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Vickrey auction vs BDM : difference in bidding behaviour and the impact of other-regarding motives
Flynn, Niall; Kah, Christopher; Kerschbamer, Rudolf - 2015
In an experiment we first elicit the distributional preferences of subjects and then let them bid for a lottery, either in a Becker-DeGroot-Marschak (BDM) mechanism or a Vickrey auction (VA). Standard theory predicts that altruistic subjects underbid in the VA - compared to the BDM - while...
Persistent link: https://www.econbiz.de/10011404058
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Car mechanics in the lab : investigating the behavior of real experts on experimental markets for credence goods
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2014 - This Version: December 25th, 2013
Credence goods, such as car repairs or medical services, are characterized by severe informational asymmetries between sellers and consumers, leading to fraud in the form of provision of insufficient service (undertreatment), provision of unnecessary service (overtreatment) and charging too much...
Persistent link: https://www.econbiz.de/10010237656
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Decision time and steps of reasoning in a competitive market entry game
Lindner, Florian - 2013 - This version: 22 July 2013
Entry decisions in market entry games usually depend on the belief about how many others are entering the market, the belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these basic results and examine two further dimensions: (i)...
Persistent link: https://www.econbiz.de/10009774194