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Measuring Social Norms and Preferences using Experimental Games: A Guide for Social Scientists

Camerer, Colin F.; Fehr, Ernst - Institut für Volkswirtschaftslehre, …

Experimental games turned out to be remarkably productive tools for examining the nature of social preferences and social norms. This paper describes the methods and tools of experimental game theory and provides a selection of games that have been useful. We also discuss the role of...

Persistent link: https://www.econbiz.de/10005585655

Learning in and about Games

Gerber, Anke - Institut für Volkswirtschaftslehre, …

We study finitely repeated 2 / 2 normal form games, where players have incomplete information about their opponents’ payoffs. In a laboratory experiment we investigate whether players (a) learn the game they are playing, (b) learn to predict the behavior of their opponent, and (c) learn to...

Persistent link: https://www.econbiz.de/10005184880

Attraction and cooperative behavior

Darai, Donja; Grätz, Silvia - Institut für Volkswirtschaftslehre, … - 2012

Being good-looking seems to generate substantial benefits in many social interactions, making the "beauty premium" a not to be underrated economic factor. This paper investigates how physical attractiveness enables people to generate these benefits in the case of cooperation, using field data...

Persistent link: https://www.econbiz.de/10010817274

A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games

Barberà, Salvador; Gerber, Anke - Institut für Volkswirtschaftslehre, …

In this note we show that no solution to coalition formation games can satisfy a set of axioms that we propose as … reasonable. Our result points out that “solutions” to the coalition formation cannot be interpreted as predictions of what would … be “resting points” for a game in the way stable coalition structures are usually interpreted. …

Persistent link: https://www.econbiz.de/10005184889

Fairness, Errors and the Power of Competition

Fischbacher, Urs; Fong, Christina M.; Fehr, Ernst - Institut für Volkswirtschaftslehre, …

One of the most basic questions in economics concerns the effects of competition on market prices. We show that the neglect of both fairness concerns and decision errors prevents a satisfactory understanding of how competition affects prices. We conducted experiments which demonstrate that the...

Persistent link: https://www.econbiz.de/10005463516

Blood and Ink! The Common-Interest-GameBetween Terrorists and the Media

Frey, Bruno S.; Rohner, Dominik - Institut für Volkswirtschaftslehre, … - 2006

It has often been pointed out in the literature that a symbiotic relationship exists between terrorist groups and the media. As yet, however, no formal model has been built based on this issue and only very little empirical research has been done in this field. The present contribution builds a...

Persistent link: https://www.econbiz.de/10005463531

Why the Olympics have three prizes and not just one

Blavatskyy, Pavlo - Institut für Volkswirtschaftslehre, …

There are at least two reasons why multiple prizes can be optimal in symmetric imperfectly discriminating contests. First, the introduction of multiple prizes reduces the standard deviation of contestants’ effort in asymmetric equilibria, when the majority of contestants actively participate...

Persistent link: https://www.econbiz.de/10005463534

Turning a blind eye, but not the other cheek: on the robustness of costly punishment

Weber, Roberto A.; Xiao, Erte; Kriss, Peter H. - Institut für Volkswirtschaftslehre, … - 2015

Prior research demonstrates a willingness to incur costs to punish norm violators. But, how strong are the motives underlying such acts? Will people rely on "excuses" to avoid acting on costly punishment intentions, as with other costly pro-social acts? In a laboratory experiment, we find that...

Persistent link: https://www.econbiz.de/10011122271

Communication in asymmetric group competition over public goods

Zhang, Jingjing - Institut für Volkswirtschaftslehre, … - 2012

This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group’s success. We find that...

Persistent link: https://www.econbiz.de/10010817248

Do leaders affect ethical conduct?

Darai, Donja; Weber, Roberto A.; Giovanna d’Adda - Institut für Volkswirtschaftslehre, … - 2014

We study whether leaders influence the unethical conduct of followers. To avoid selection issues present in natural environments, we use a laboratory experiment in which we form groups and assign leadership roles at random. We study an environment in which groups compete, with dishonest behavior...

Persistent link: https://www.econbiz.de/10010817253