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This study explores how a self-fulfilling prophecy can solve a social dilemma. We ran two experimental treatments, baseline and automata. Both consisted of a finitely repeated public goods game with a surprise restart. In the automata treatment it was announced that there might be automata...
Persistent link: https://www.econbiz.de/10005163450
This paper compares individual with collective contracts using modified repeated gift exchange games. The game had two variations, both following a partner design. In the individual variation different workers in the same firm can receive separate wages, and in the collective variation all...
Persistent link: https://www.econbiz.de/10005077839
We present results from 50-round market experiments in which firms decide repeatedly both on price and quantity of a … strategies. We run experiments for markets with two and three identical firms. Firms tend to cooperate to avoid fights, but when …
Persistent link: https://www.econbiz.de/10010547328
) well-performing subjects are more likely to participate again in experiments. …
Persistent link: https://www.econbiz.de/10008590933
In this paper we consider data from a large number of economic experiments, and look for demographic effects that may … contains information on 2,408 subjects and 597 experimental sessions from 74 experiments recorded over more than 2 years at an …
Persistent link: https://www.econbiz.de/10005594841