This paper reports results of an experimental study of uniform and discriminatory auctions of multiple objects in an environment of publicly known common values. We find that the bidding behavior in the uniform case exhibits two clear regularities: agents consistently play weakly dominated...

This paper reports results of an experimental study of uniform multi-unit auctions in an environment of publicly known common values. We find that the bidding behavior exhibits two clear regularities: agents consistently play weakly dominated strategies by overbidding on the first unit and have...

In this article, we evaluate the relationship and the interaction between financial development, grades of cooperation, in terms of trust and reciprocity, and participation in social networks of the members of a savings and loan association. We used exchanged money quantities according to the...

In this document we present the first results of a survey, as part of an empirical study conducted with the objetive of analyzing the relationship between individuals´ levels of confidence on institutions and people with whom they interact, the composition of their social networks and how they...

In this article we analyze how different characteristics of a social network are associated to different types of resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and conduct a survey, using random sampling, in a...

This paper reports an experiment conducted to compare two mechanisms that provide solutions to the King Solomon’s Dilemma. One of them is proposed by Moore (1992) and the other by Perry and Reny (1999). The objective of each mechanism is to allocate a single unit of an indivisible private good...

In this article we analyze how different characteristics of a social network are associated to different types of resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and conduct a survey, using random sampling, in a...

By estimating an implicit point system we try to infer some of the principles used by a medical team allocating cadaveric kidneys in Mexico. Our results indicate that the principles of fairness and medical efficiency play an important role in the final allocation.

In this document we present the first results of a survey, as part of an empirical study conducted with the objetive of analyzing the relationship between individuals´ levels of confidence on institutions and people with whom they interact, the composition of their social networks and how they...

Network formation is frequently modeled using link-formation games and typically present a multiplicity of Nash equilibria. Cooperative refinements —such as strong or coalitional proof Nash equilibria— have been the standard tool used for equilibrium selection in these games. Non-cooperative...