Showing 1 - 10 of 22
In a cascade experiment subjects are confronted with artificial predecessors prdecting in line with the BHW model …
Persistent link: https://www.econbiz.de/10005866980
competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …
Persistent link: https://www.econbiz.de/10011071300
We analyze the effects of asymmetric information concerning thesize of a pie on proposer behavior in three different bargaining situations:the ultimatum game, the Yes-No-game and the dictator game.Our data show that (a) irrespective of the information condition, proposergenerosity increases with...
Persistent link: https://www.econbiz.de/10005866401
We investigate experimentally whether entry costs have an impact on the evolutionof cooperation in a social dilemma game. In particular, subjects repeatedly playthe so-called takeover game with anonymous partners randomly drawn from a fixedpopulation of participants. The game represents a social...
Persistent link: https://www.econbiz.de/10005866640
absorptionand experimentally test the effects of informing none, some, or all playersabout how to derive equilibrium predictions. …
Persistent link: https://www.econbiz.de/10005866646
In the Yes/No game, like in the ultimatum game, proposer and respondercan share a monetary reward. In both games the proposer suggests a rewarddistribution which the responder can accept or reject (yielding 0-payoffs). Thegames only differ in that the responder does (not) learn the suggested...
Persistent link: https://www.econbiz.de/10005866695
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995 …). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are …
Persistent link: https://www.econbiz.de/10005866876
Are commonly known beliefs essential for bidding behavior in asymmetric auctions? Our experimental results suggest that not informing participants how values are randomly generated does not change behavior much and may even make it appear more rational.
Persistent link: https://www.econbiz.de/10005867012
question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …
Persistent link: https://www.econbiz.de/10011126328
This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … investment. Moreover, there is a shift in the composition of investment away from fixed assets and towards working capital - the … more flexible factor of production - and fixed asset investment exhibits periods of inaction consistent with real option …
Persistent link: https://www.econbiz.de/10010884740