This paper considers a procedurally fair provision mechanism that allows members of a small group to determine, through their bids, which project to implement. Previous experiments with (only) costly projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests...

Bidding rules that guarantee procedural fairness may induce more equilibrium bidding and moderate other-regarding concerns. Here, we investigate procedural fairness as in Güth (2011). In our experiment, we assume commonly known true values and only two bidders to implement a best-case scenario...

We experimentally examine how group identity affects trust behavior in an investment game. In one treatment, group identity is induced purely by minimal groups. In other treatments, group members are additionally related by outcome interdependence established in a prior public goods game. Moving...

Das Buch ist eine Einführung in die nicht-kooperative Spieltheorie. Es spricht Studenten der Wirtschaftswissenschaften, der angewandten Mathematik, aber auch der Sozialwissenschaften im Hauptstudium an, die Interesse und Freude an präziser Modellierung haben. Unter Einbeziehung neuester...