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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 perfection and fairness. Evidence of learning is detected for both …
Persistent link: https://www.econbiz.de/10005100867
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Conventions and Local Interaction Structures: Experimental Evidence
Berninghaus, Siegfried K.; Ehrhart, Karl-Martin; Keser, … - Centre Interuniversitaire de Recherche en Analyse des … - 2000
We present a set of experimental coordination games with a payoff-dominant and a risk-dominant Nash equilibrium. We examine how much local interaction structures affect players' strategy choices. Our three major observations are the following: First, local interaction with open neighborhoods...
Persistent link: https://www.econbiz.de/10005100934
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Voluntary Teaming and Effort
Keser, Claudia; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2004
In a series of experimental effort games each of two players may choose between remuneration based on either private or team effort. Although at least one of the players has the subgame perfect equilibrium strategy to choose remuneration based on private effort, we frequently observe team...
Persistent link: https://www.econbiz.de/10005101072
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Why Do Experimental Subjects Choose an Equilibrium which Is Neither Payoff Nor Risk Dominant?
Keser, Claudia; Vogt, Bodo - Centre Interuniversitaire de Recherche en Analyse des … - 2000
In an experimental 2x2 coordination game with two strict equilibria we observe that, in contrast to equilibrium selection theory (Harsanyi and Selten 1988), only half of the subjects choose the strategy that relates to the payoff- and risk-dominant equilibrium. We propose modified risk dominance...
Persistent link: https://www.econbiz.de/10005101115
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An Experimental Study of a Common Property Renewable Resource Game in Continuous Time
Tasneem, Dina; Engle-Warnick, Jim; Benchekroun, Hassan - Centre Interuniversitaire de Recherche en Analyse des … - 2014
We experimentally study behavior in a common property renewable resource extraction game with multiple equilibria. In the experiment, pairs of subjects competitively extract and consume a renewable resource in continuous time. We find that play evolves over time into multiple steady states, with...
Persistent link: https://www.econbiz.de/10011183778
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Learning-by-Doing in an Ambiguous Environment
Engle-Warnick, Jim; Laszlo, Sonia - Centre Interuniversitaire de Recherche en Analyse des … - 2006
We experimentally test whether risk aversion or ambiguity aversion can explain decisions in a learning-by-doing game. We first measure subjects' preferences toward risk and ambiguity, and then use these measures to predict behavior in the game. We find that ambiguity averse subjects pay more...
Persistent link: https://www.econbiz.de/10005100515
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Can Corruption Be Studied in the Lab? Comparing a Field and a Lab Experiment
Armantier, Olivier; Boly, Amadou - Centre Interuniversitaire de Recherche en Analyse des … - 2008
This paper makes an attempt at testing the external validity of corruption experiments by moving from the lab in a developed country, to where it matters the most, the field in a developing country. In our experiment a candidate proposes a bribe to a grader in order to obtain a better grade. We...
Persistent link: https://www.econbiz.de/10005100538
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Aspiration Levels and Educational Choices<br>An experimental study
Page, Lionel; Lévy-Garboua, Louis; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2006
The explanation of social inequalities in education is still a debated issue in economics. Recent empirical studies tend to downplay the potential role of credit constraint. This article tests a different potential explanation of social inequalities in education, specifically that social...
Persistent link: https://www.econbiz.de/10005100555
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L'économie expérimentale pour l'analyse de modifications au système centralisé de vente du quota laitier au Québec
Doyon, Maurice; Tamini, Lota Dabio; Simard, Virginie; … - Centre Interuniversitaire de Recherche en Analyse des … - 2006
This study experimentally tests whether a modification to the centralized quota sales system is capable of lowering the price of the milk quota in Québec, while at the same time minimizing the negative impacts on the auction's efficiency. This modification consists of applying two treatments on...
Persistent link: https://www.econbiz.de/10005100647
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Fiscalité et offre de travail :<br> une étude expérimentale
Lévy-Garboua, Louis; Masclet, David; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2005
We make use of experimental economics to examine how people adjust their supply of work effort in response to a variation in tax rates. Participants are paired in the experiment. In each pair, one participant randomly chosen has to exert an effort and is taxed to the benefit of the other...
Persistent link: https://www.econbiz.de/10005100669