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In a two-person finitely repeated public goods experiment, we use intentionsdata to interpret individual behavior. Based on a random-utilitymodel specification, we develop a relationship between a player's beliefsabout others' behavior and his contributions' plans, and use this relationshipto...
Persistent link: https://www.econbiz.de/10005866468
We introduce a generalized theoretical approach to study imitation andsubject it to rigorous experimental testing. In our theoretical analysiswe …nd that the different predictions of previous imitation models aredue to different informational assumptions, not to different behavioralrules. It is...
Persistent link: https://www.econbiz.de/10005868466
According to the accountability principle a person’s fair allocation takes into accountthe input-relevant variables she can influence, like effort, but not the variablesshe cannot influence, like a randomly assigned exogenous factor. This study is basedon a real effort-task experiment, where...
Persistent link: https://www.econbiz.de/10009248896
One-way communication has been found to substantially increasecontributions in linear voluntary contribution mechanisms. We confirmthe robustness of this result in the presence of income heterogeneity.
Persistent link: https://www.econbiz.de/10009248898
This study reports an experiment that examines whether groups can better comply with theoretical predictions than individuals in contests. Our experiment replicates previous findings that individual players significantly overbid relative to theoretical predictions, incurring substantial losses....
Persistent link: https://www.econbiz.de/10014186327
We experimentally investigate, in an unstructured bargaining environment with commonlyknown money payoffs, the Attraction Effect and Compromise Effect (AE and CE) in bargaining,namely a tendency for bargainers to agree to an intermediate option (CE), or to an optionthat dominates another option...
Persistent link: https://www.econbiz.de/10013242076
This note contributes to the discussion of decision problems with imperfect recall from an empirical point of view. We argue that, using standard methods of experimental economics, it is impossible to induce (or control for) absent-mindedness of subjects. Nevertheless, it is possible to test...
Persistent link: https://www.econbiz.de/10009583877
While most papers on team decision-making find that teams behave more selfishly, less trustingly and less altruistically than individuals, Cason and Mui (1997) report that teams are more altruistic than individuals in a dictator game. Using a within-subjects design we re-examine group...
Persistent link: https://www.econbiz.de/10009731154
Persistent link: https://www.econbiz.de/10003486255
We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between coordination failure due to first- and higher-order...
Persistent link: https://www.econbiz.de/10011537616