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Our study concerns bargaining behavior in situations where one party is in a stronger position than the other. We investigate both the tradeoff the favored party makes between pursuing his strategic advantage and giving weight to other players' concern for fairness, and the tradeoff the...
Persistent link: https://www.econbiz.de/10005556668
We perform a further experiment to check the robustness of the main result in Rey Biel (2005) to sequential play. We … identifying constant sum games as a class of games where experimental subjects' choices coincide with theory predictions and we …
Persistent link: https://www.econbiz.de/10005556675
(theoretically) that adding search to a simple bargaining mechanism eliminates some unsatisfactory features of bargaining theory. Our … experiment reveals that the model can account for some (but not all) of the behavioral regularities. In line with recent … developments in behavioral decision theory and game theory, which assume bounded rationality and preferences over the relative …
Persistent link: https://www.econbiz.de/10005556687
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
It is well-known in evolutionary game theory that population clustering in Prisoner Dilemma games allows some …
Persistent link: https://www.econbiz.de/10005125594
experiment does not lead to a significant loss of experimental control. Based on this assessment, experimental economists were …
Persistent link: https://www.econbiz.de/10005407572
and design an experiment in which subjects re-peatedly play 4 simple games within 4 sets of 40 rounds under little …
Persistent link: https://www.econbiz.de/10005407575
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10005407609
The growing literature on learning in games has produced various results on the predictive success of learning theories. These results, however, were based on various methods of comparison. The present paper uses experimental data on a set of four games in order to check on the robustness of...
Persistent link: https://www.econbiz.de/10005408228
training reverse that effect and promote cooperation? We conducted an experiment to answer this question. We found that …
Persistent link: https://www.econbiz.de/10005119370