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reciprocity-based. We estimate and compare leading approaches in these categories, using experimental data. We then offer a … nested tests, we find that intentional reciprocity, distributive concerns, and altruistic considerations all play a …
Persistent link: https://www.econbiz.de/10005707975
fairness and reciprocity are important in individual decision-making, there is little explicit empirical evidence of reciprocal … wages are chosen by the employer, offering support for the hypothesis of reciprocity. There are implications for models of …
Persistent link: https://www.econbiz.de/10005707994
This paper explores three aspects of strategic uncertainty: its relation to risk, predictability of behavior and subjective beliefs of players. In a laboratory experiment we measure subjects’ certainty equivalents for three coordination games and one lottery. Behavior in coordination games is...
Persistent link: https://www.econbiz.de/10005827518
We study how gender differences in performance under competition are affected by the provision of information regarding rival’s gender and/or differences in relative ability. In a laboratory experiment, we use two tasks that differ regarding perceptions about which gender outperforms the...
Persistent link: https://www.econbiz.de/10009327881
We compare behavior in modified dictator games with and without role uncertainty. Subjects choose between a selfish action, a costly surplus creating action (altruistic behavior) and a costly surplus destroying action (spiteful behavior). While costly surplus creating actions are the most...
Persistent link: https://www.econbiz.de/10005012906
We examine the effect of unilateral and mutual partner selection in the context of prisoner's dilemmas experimentally. Subjects play simultaneously several finitely repeated two-person prisoner's dilemma games. We find that unilateral choice is the best system. It leads to low defection and...
Persistent link: https://www.econbiz.de/10005772080
We perform an experiment on a pure coordination game with uncertainty about the payoffs. Our game is closely related to models that have been used in many macroeconomic and financial applications to solve problems of equilibrium indeterminacy. In our experiment each subject receives a noisy...
Persistent link: https://www.econbiz.de/10005772141
The effectiveness of pre-play communication in achieving efficient outcomes has long been a subject of controversy. In some environments, cheap talk may help to achieve coordination. However, Aumann conjectures that, in a variant of the Stag Hunt game, a signal for efficient play is not...
Persistent link: https://www.econbiz.de/10005772240
We report an experiment on the effect of intergroup competition on group coordination in the minimal-effort game (Van Huyck et al., 1990). The competition was between two 7-person groups. Each player in each group independently chose an integer from 1 to 7. The group with the higher minimum won...
Persistent link: https://www.econbiz.de/10005772547
Equivalence classes of normal form games are defined using the geometry of correspondences of standard equilibiurm concepts like correlated, Nash, and robust equilibrium or risk dominance and rationalizability. Resulting equivalence classes are fully characterized and compared across different...
Persistent link: https://www.econbiz.de/10005572643