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Tournadre, Fabienne; Villeval, Marie-Claire - Centre Interuniversitaire de Recherche en Analyse des … - 2001

This paper reports on an experimental study of the influence of asymmetric information and information spillovers on bargaining outcomes. It develops and tests Kuhn and Gu (1999) s model of learning in sequential wage negotiations, by means of two Ultimatum Bargaining Games with uncertainty on...

Persistent link: https://www.econbiz.de/10005169010

A Simple Test of Learning Theory

Engle-Warnick, Jim; Hopkins, Ed - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We report experiments designed to test the theoretical possibility, first discovered by Shapley (1964), that in some …

Persistent link: https://www.econbiz.de/10005101118

Trust and Reputation Building in E-Commerce

Keser, Claudia - Centre Interuniversitaire de Recherche en Analyse des … - 2002

risks involved in anonymous transactions, several online market sites have implemented reputation management mechanisms that … differ in structure and probably functionality. In a series of experiments, this study examines the impact of two simple … reputation management mechanisms on the evolution of trust and trustworthiness in a repeated trust game among strangers. Les …

Persistent link: https://www.econbiz.de/10005100984

Willingness to Pay to Reduce Future Risk

Engle-Warnick, Jim; Héroux, Julie; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2009

We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment … of uncertainty in our experiments. In two additional treatments, we control for future uncertainty with a continuation …

Persistent link: https://www.econbiz.de/10004988529

Do Wealth Differences Affect Fairness Considerations?

Armantier, Olivier - Centre Interuniversitaire de Recherche en Analyse des … - 2006

The influence of relative wealth on fairness considerations is analyzed in an ultimatum game experiment in which participants receive large and widely unequal initial endowments. Subjects initially demonstrate a concern for fairness. With time however, behavior becomes at odds with both subgame...

Persistent link: https://www.econbiz.de/10005100867

Local Interactions

Özgür, Onur - Centre Interuniversitaire de Recherche en Analyse des … - 2010

Local interactions refer to social and economic phenomena where individuals' choices are influenced by the choices of others who are `close' to them socially or geographically. This represents a fairly accurate picture of human experience. Furthermore, since local interactions imply particular...

Persistent link: https://www.econbiz.de/10008591372

A Micro-foundation for the Laffer Curve In a Real Effort Experiment

Lévy-Garboua, Louis; Masclet, David; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2006

A conjecture of Laffer, which had considerable influence on fiscal doctrine, is that tax revenues of a Leviathan state eventually decrease when the tax rate exceeds a threshold value. We conduct a real effort experiment, in which a worker is matched with a non-working partner, to elicit the...

Persistent link: https://www.econbiz.de/10005101088

Experimental Investigation of Supplier-Retailer Contracts: The Wholesale Price Contract

Keser, Claudia; Paleologo, Giuseppe A. - Centre Interuniversitaire de Recherche en Analyse des … - 2004

We examine decision making in a simple supplier-retailer wholesale price contract in the experimental economics laboratory. We observe wholesale prices and order quantities below the game-theoretical predictions. The supply chain's efficiency is as predicted but profits are more equitably...

Persistent link: https://www.econbiz.de/10005101106

Bubbles and Experience: An Experiment with a Steady Inflow of New Traders

Xie, Huan; Zhang, Jipeng - Centre Interuniversitaire de Recherche en Analyse des … - 2012

We revisit the effect of traders' experience on price bubbles by introducing either one-third or two-thirds steady inflow of new traders in the repeated experimental asset markets. We find that bubbles are not significantly abated by the third repetition of the market with the inflow of new...

Persistent link: https://www.econbiz.de/10009652124

Piece Rates, Fixed Wages and Incentives: Evidence from a Field Experiment

Shearer, Bruce S. - Centre Interuniversitaire de Recherche en Analyse des … - 2003

Data from a field experiment are used to estimate the gain in productivity that is realized when workers are paid piece rates rather than fixed wages. The experiment was conducted within a tree-planting firm and provides daily observations on individual worker productivity under both copensation...

Persistent link: https://www.econbiz.de/10005100753