Showing 1 - 10 of 13
We analyze the problem of coordinating upon asymmetric equilibria in a symmetric game, such as the battle-of-the-sexes. In repeated interaction, asymmetric coordination is possible possible via symmetric repeated game strategies. This requires that players randomize initially and adopt a...
Persistent link: https://www.econbiz.de/10005407601
We study how gender differences in performance under competition are affected by the provision of information regarding rivals gender and/or differences in relative ability. In a laboratory experiment, we use two tasks that differ regarding perceptions about which gender outperforms the other....
Persistent link: https://www.econbiz.de/10010547208
Competition typically involves two main dimensions, a rivalry for resources and the ranking of relative performances. If socially recognized, the latter yields a ranking in terms of social status. The rivalry of resources resulting from interacting under a competitive incentive scheme has been...
Persistent link: https://www.econbiz.de/10011203038
This paper shows that altruism may be beneficial in bargaining when there is competition for bargaining partners. In a game with random proposers, the most altruistic player has the highest material payoff if players are sufficiently patient. However, this advantage is eroded as the discount...
Persistent link: https://www.econbiz.de/10005124853
rather classical economic institution: competition. In a series of laboratory experiments, we reveal that the true reason for …
Persistent link: https://www.econbiz.de/10005062352
We study experimentally a class of pure coordination games as a special case of the Consumer Choice of Prizes game developed by Rapoport et al. (2000). We find a high level of group coordination coupled with considerable switching in the choice of locations. Two models are proposed and tested to...
Persistent link: https://www.econbiz.de/10005408213
iteration of the same game along the lines suggested by anticipatory learning models. …
Persistent link: https://www.econbiz.de/10005556674
The "Weakest Link" is a game show full of paradox. To increase the probability of winning, contestants should eliminate the strongest players. Yet, if it is anticipated that the best player is to be eliminated, participants do not answer questions correctly and nothing is gained. We solve a game...
Persistent link: https://www.econbiz.de/10005556682
We use experiments to study the efficiency effects for a market as a whole of adding the possibility of forward …
Persistent link: https://www.econbiz.de/10010547195
examine the sensitivity of this result to the ability of people to observe others' choices. Our experiments are set in a …
Persistent link: https://www.econbiz.de/10010547425