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Reputationsmechanismen auf Internet-Marktplattformen - Theorie und Empirie

Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

Spieltheoretische Überlegungen zeigen, dass Reputationsmechanismen, wie sie auf Internet-Marktplattformen zur Anwendung kommen, prinzipiell geignet sind, Handel in großen anonymen Märkten zu erleichtern. Dies geil selbst dann, wenn die Marktteilnehmer ihre Identität jederzeit und kostenlos...

Persistent link: https://www.econbiz.de/10005866985

Negative and Positive Effects of Competition in aPreemption Game

Suzuki, Toru - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

¢ ciency undermild competition. The e¤ect of competition on the equilibrium strategy is di¤erentdepending on which class of … thatthe e¤ect of competition on e¢ ciency is di¤erent between the common value and theprivate value setting. Strong … competition leads to the least e¢ cient equilibrium forthe common value setting but e¢ ciency can be improved by competition in …

Persistent link: https://www.econbiz.de/10009248916

Competitive Problem Solving and the Optimal PrizeSchemes

Suzuki, Toru - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008

Agents compete to solve a problem. Each agent knows own computational capacityas private information and simultaneously chooses either a risky or a safe problemsolving method. This paper analyzes the optimal prize schemes from the perspectiveof the prize designer who wishes to nd a solution as...

Persistent link: https://www.econbiz.de/10009248918

Reasoning and Institutions: Do Markets Facilitate LogicalReasoning in the Wason Selection Task?

Budescu, David V.; Maciejovsky, Boris - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

A vast literature shows that individuals frequently fail to identify the normative solutionsin logical reasoning tasks. Much attention has been devoted to the study ofthese deviations at the individual level; less effort was exerted to investigate whetherinstitutional settings might facilitate...

Persistent link: https://www.econbiz.de/10005866977

The Resolution GameA Multiple Selves Perspective

Migrow, Dimitri; Uhl, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

The notion of choice inconsistency is widely spread in the literature on behavioraleconomics. Several approaches were used to account for the observation that peoplereverse their choices over time. This paper aims to explain the formation of resolutionsregarded as internal self-binding devices....

Persistent link: https://www.econbiz.de/10005866391

A sociological perspective on measuring social norms bymeans of strategy method experiments

Rauhut, Heiko; Winter, Fabian - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

The measurement of social norms plays a pivotal role in many social sciences.While economists predominantly conduct experiments, sociologistsrather employ (factorial) surveys. Both methods, however, suer from distinctweaknesses. Experiments, on the one hand, often fall short in themeasurement of...

Persistent link: https://www.econbiz.de/10005866393

Secret Santa:Anonymity, Signaling, and Conditional Cooperation

Hugh-Jones, David; Reinstein, David - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

Costly signaling of commitment to a group has been proposed as an explanation forparticipation in religion and ritual. But if the signal’s cost is too small, freeriders willsend the signal and behave selfishly later. Effective signaling may then be prohibitivelycostly. If the average level of...

Persistent link: https://www.econbiz.de/10005866394

Cycles of conditional cooperation in a real-time voluntarycontribution mechanism

Levati, Maria Vittoria; Zultan, Ro'i - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

This paper provides a new way to identify conditional cooperationin a real-time version of the standard voluntary contribution mechanism. Ourapproach avoids most drawbacks of the traditional procedures because it relieson endogenous cycle lengths, which are defined by the number of contributors...

Persistent link: https://www.econbiz.de/10005866399

Social Preferences under Risk - An ExperimentalAnalysis

Bradler, Christiane - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

The literature on social preferences provides overwhelming evidence of departuresfrom pure self-interest of individuals. Experiments show that people care about others’well-being and their relative standing. This paper investigates whether this type ofbehavior persists when risk comes into...

Persistent link: https://www.econbiz.de/10005866400

Psychology and Economics rather than Psychology versusEconomics: Cultural differences but no barriers!

Brandstätter, Hermann; Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

During the last three decades the ascent of behavioral economics clearly helped tobring down artificial disciplinary boundaries between psychology and economics.Noting that behavioral economics seems still under the spell of the rational choicetradition – and, indirectly, of behaviorism – we...

Persistent link: https://www.econbiz.de/10005866402