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Experimental Games on Networks: Underpinnings of Behavior and Equilibrium Selection

Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - Institute for the Study of Labor (IZA) - 2014

complements, and participants have either complete or incomplete information about the structure of a random network. Since … wide variety of settings. The degree of equilibrium play is striking, in particular with incomplete information. Behavior … coordinate on a demanding, but efficient, equilibrium that is typically implemented with complete information. …

Persistent link: https://www.econbiz.de/10011086477

Social Comparisons in Wage Delegation: Experimental Evidence

Charness, Gary; Cobo-Reyes, Ramón; Lacomba, Juan A.; … - Institute for the Study of Labor (IZA) - 2013

. We vary the information workers receive, finding that social comparisons concerning both wages and decision rights affect …

Persistent link: https://www.econbiz.de/10010884248

Cooperation, Competition, and Risk Attitudes: An Intergenerational Field and Laboratory Experiment

Charness, Gary; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2007

The population of most developed societies is ‘graying’. As life expectancy increases and the large baby-boom generation approaches retirement age, this has critical consequences for maintaining a high standard of living and the sustainability of pension systems. In the light of these...

Persistent link: https://www.econbiz.de/10005762257

Competitive Preferences and Status as an Incentive: Experimental Evidence

Charness, Gary; Masclet, David; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2010

In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...

Persistent link: https://www.econbiz.de/10008466023

Competition and the Ratchet Effect

Charness, Gary; Kuhn, Peter J.; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2008

The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent …

Persistent link: https://www.econbiz.de/10005233858

Competition, Hidden Information and Efficiency: An Experiment

Cabrales, Antonio; Charness, Gary; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2006

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information …

Persistent link: https://www.econbiz.de/10005703707