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Perfect-Substitutes, Best-Shot, and Weakest-Link Contests between Groups

Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2011

This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the …

Persistent link: https://www.econbiz.de/10011111607

Communication and Efficiency in Competitive Coordination Games

Cason, Timothy; Sheremeta, Roman; Zhang, Jingjing - Volkswirtschaftliche Fakultät, … - 2012

with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending …. As a result, intra-group communication decreases while inter-group communication increases payoffs. Our experiment thus …

Persistent link: https://www.econbiz.de/10011113027

Do Women Panic More Than Men? An Experimental Study on Financial Decision

Kiss, Hubert Janos; Rodriguez-Lara, Ismael; … - Volkswirtschaftliche Fakultät, … - 2014

We report experimental evidence on gender differences in financial decision that involves three depositors choosing between waiting or withdrawing their money from a common bank. We find that the position in the line, the fact of being observed and the observed decisions are key determinants to...

Persistent link: https://www.econbiz.de/10011259526

You Can’t Put Old Wine in New Bottles: The Effect of Newcomers on Coordination in Groups

McCarter, Matthew; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2013

of member change on performance? To answer these questions we conduct an experiment in which we investigate the effect of … first part of the experiment, and then two members of the group are replaced with new participants, and the newly formed … group plays the game for the second part of the experiment. Our results show that the arrival of newcomers decreases trust …

Persistent link: https://www.econbiz.de/10011259957

Team Reasoning as a Guide to Coordination

Lahno, Amrei Marie; Lahno, Bernd - Volkswirtschaftliche Fakultät, … - 2014

resulting restrictions in using private information. We report results from a laboratory experiment in which teams were given a …

Persistent link: https://www.econbiz.de/10011108615

Behavioral Spillovers in Coordination Games

Cason, Timothy; Savikhin, Anya; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2011

Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and sequentially. The results show that successful coordination...

Persistent link: https://www.econbiz.de/10011109994

Focal Points Revisited: Team Reasoning, the Principle of Insufficient Reason and Cognitive Hierarchy Theory

Bardsley, Nicholas; Ule, Aljaz - Volkswirtschaftliche Fakultät, … - 2014

uniform randomisation. We test the team reasoning explanation experimentally against this alternative, using coordination …

Persistent link: https://www.econbiz.de/10011111846

The meritocracy as a mechanism to overcome social dilemmas

Gunnthorsdottir, Anna; Vragov, Roumen; Mccabe, Kevin - Volkswirtschaftliche Fakultät, … - 2007

A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...

Persistent link: https://www.econbiz.de/10005621227

Communication, Coordination and Networks

Choi, Syngjoo; Lee, Jihong - Volkswirtschaftliche Fakultät, … - 2009

We study experimentally how the network structure and length of pre-play communication affect behavior and outcome in a multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network and time effects is more subtle. Under each time...

Persistent link: https://www.econbiz.de/10008587475

An Experimental Investigation on Learning and Context Effects

Novarese, Marco; Chelini, Chiara; Spada, Anna; … - Volkswirtschaftliche Fakultät, … - 2010

This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of … first part of the experiment is seen as a kind of training period. The different treatments of the coordination game are, in … a same situation. Our experiment suggests that the preliminary training influences how the second game is perceived …

Persistent link: https://www.econbiz.de/10008784631