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Low Information Games - Experimental Evidence on Learning in Ultimatum Bargaining
Slembeck, Tilman - EconWPA - 1999
lack structural information, which contrasts with common notions of fairness or "manners" in ultimatum bargaining (Camerer …
Persistent link: https://www.econbiz.de/10005125583
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Reputations and Fairness in Bargaining - Experimental Evidence from a Repeated Ultimatum Game With Fixed Opponents
Slembeck, Tilman - EconWPA - 1999
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
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A Behavioral Approach to Learning in Economics - Towards an Economic Theory of Contingent Learning
Slembeck, Tilman - EconWPA - 1999
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
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Learning in Economics: Where Do We Stand?
Slembeck, Tilman - EconWPA - 2000
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
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Individual Preferences for Giving
Fisman, Raymond; Kariv, Shachar; Markovits, Daniel - EconWPA - 2005
This paper reports an experimental test of individual preferences for giving. We use graphical representations of modified Dictator Games that vary the price of giving. This generates a very rich data set well- suited to studying behavior at the level of the individual subject. We test the data...
Persistent link: https://www.econbiz.de/10005118605
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Expected utility without utility
Castagnoli, Erio; LiCalzi, Marco - EconWPA - 2005
This paper advances an interpretation of Von Neumann–Morgenstern’s expected utility model for preferences over lotteries which does not require the notion of a cardinal utility over prizes and can be phrased entirely in the language of probability. According to it, the expected utility of a...
Persistent link: https://www.econbiz.de/10005118603
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Negative Stereotypes and Willingness to Change Them: Testing Theories of Discrimination in South Africa
Aguero, Jorge - EconWPA - 2005
. Using data from a quasi- experiment in South Africa, I test for discrimination against women and non-whites. The preliminary …
Persistent link: https://www.econbiz.de/10005076553
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The Amsterdam Auction
Goeree, Jacob K.; Offerman, Theo - EconWPA - 2002
situations. We report the results of an experiment, which compares the standard first-price and English formats with two premium …
Persistent link: https://www.econbiz.de/10005077067
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Is playing alone in the darkness sufficient to prevent informational cascades?
Fiore, Annamaria; Morone, Andrea - EconWPA - 2005
Models of herd behaviour and informational cascades were theoretically developed in 1992 respectively by Banerjee (A simple model of herd behavior) and Bikhchandani, Hirshleifer and Welch (A Theory of Fads, Fashion, Custom and Cultural Change as Informational Cascades). Both articles pointed out...
Persistent link: https://www.econbiz.de/10005124961
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Equilibrium PLay and Best Response to (Stated) Beliefs in Constant Sum Games
Biel, Pedro Rey - EconWPA - 2005
In a laboratory experiment, subjects played ten two-person 3x3 constant sum games and stated beliefs about the …
Persistent link: https://www.econbiz.de/10005125558