Showing 1 - 10 of 477
lack structural information, which contrasts with common notions of fairness or "manners" in ultimatum bargaining (Camerer …
Persistent link: https://www.econbiz.de/10005125583
The results of Ultimatum Game experiments are often quoted as evidence for the role of fairness in bargaining or in … economic behaviour more generally. This paper argues that the observed fairness levels are contingent on the traditional … experiment shows that average behaviour is more competitive and conflict rates are higher when subjects play against the same …
Persistent link: https://www.econbiz.de/10005408237
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10005761658
among a substantial share of the population into account. Theory shows and experiments confirm, that even if fairness … incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns … concerns on economic outcomes. We also review evidence from laboratory and field experiments examining the role of wages and …
Persistent link: https://www.econbiz.de/10005762059
paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find …
Persistent link: https://www.econbiz.de/10005762312
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. Our findings provide evidence of a link between perceived unfairness and … health, and fairness of pay. …
Persistent link: https://www.econbiz.de/10009024593
's dilemma game without communication. In an experiment on a voluntary participation game with a non-excludable public good that …
Persistent link: https://www.econbiz.de/10008458106
In economics, adjustment of behavior has traditionally been treated as a "black box." Recent approaches that focus on learning behavior try to model, test, and simulate specific adjustment mechanisms in specific environments (mostly in games). Results often critically depend on distinctive...
Persistent link: https://www.econbiz.de/10005135048
critically compares theory with aspects of learning in real-life and with evidence from laboratory experiments, and argues that …
Persistent link: https://www.econbiz.de/10005413284
's dilemma game without communication. In an experiment on a voluntary participation game with a non-excludable public good that …
Persistent link: https://www.econbiz.de/10005639202