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On the Impulse in Impulse Learning
Ding, Jieyao; Nicklisch, Andreas - Max-Planck-Institut zur Erforschung von … - 2013
This paper experimentally investigates the nature of impulses in impulse learning. Particularly, we analyze whether positive feedback (i.e., yielding a superior payo in a game) or negative feedback (i.e., yielding an inferior payo in a game) leads to a systematic change in the individual...
Persistent link: https://www.econbiz.de/10010662708
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Testing the Endowment Effect for Default Rules
Marcin, Isabel; Nicklisch, Andreas - Max-Planck-Institut zur Erforschung von … - 2014
liability default clause in a model of bilateral bargaining of lotteries against safe options. The liability default clause … determines the right for the safe payoff option. We test the model in series of laboratory experiments. The results reveal a …
Persistent link: https://www.econbiz.de/10010751925
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Punishment despite Reasonable Doubt – A Public Goods Experiment with Uncertainty over Contributions
Grechenig, Kristoffel; Nicklisch, Andreas; Thöni, Christian - Max-Planck-Institut zur Erforschung von … - 2010
reveal a high willingness to punish even if their information about cooperation rates is inaccurate, or noisy. If there is … level of a setting without punishment. Our findings suggest that sufficient information accuracy about others' behavior is … crucial for he efficiency of sanction mechanisms. If a situation is characterized by low information accuracy, precluding …
Persistent link: https://www.econbiz.de/10008633221
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Leading with(out) Sacrifice? A Public-Goods Experiment with a Super-Additive Player
Glöckner, Andreas; Irlenbusch, Bernd; Kube, Sebastian; … - Max-Planck-Institut zur Erforschung von … - 2009
We analyse two team settings in which one member in a team has stronger incentives to contribute than the others. If contributions constitute a sacrifice for the strong player, the other team members are more inclined to cooperate than if contributions are strictly dominant for the strong player.
Persistent link: https://www.econbiz.de/10005612391
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Noisy commitments: The impact of information accuracy on efficiency
Ert, Eyal; Nicklisch, Andreas - Max-Planck-Institut zur Erforschung von … - 2006
We report an experiment designed to test the influence of noisy commitments on efficiency in a simple bargaining game …
Persistent link: https://www.econbiz.de/10008633204