Showing 1 - 10 of 12
We demonstrate that iterated elimination of strictly dominated strategies is an order dependent procedure. We also prove that order does not matter if strategy spaces are compact and payoff functions continous. Examples show that this result is tight.
Persistent link: https://www.econbiz.de/10005648543
competitiveness in an experiment with a large random sample of the Swedish population. In addition to a baseline treatment, we have …
Persistent link: https://www.econbiz.de/10010945063
A potential source of instability of many economic models is that agents have little incentive to stick with the equilibrium. We show experimentally that this may matter with price competition. The control variable is a price floor, which increases the cost of deviating from equilibrium....
Persistent link: https://www.econbiz.de/10005648549
A Trial Introduction Program (TIP) for newly-arrived immigrants to Sweden was implemented from October 2006 to June 2008 in order to meet the main criticisms directed at existing introduction programs. Two primary innovations were introduced, flexible language instruction parallel with other...
Persistent link: https://www.econbiz.de/10005648552
We investigate experimentally how the share of experienced traders in doubleauction asset markets affects trading, in particular the occurrence of bubble-crash pricing patterns. In each session, six subjects trade in three successive market rounds and gain experience. In a fourth round,...
Persistent link: https://www.econbiz.de/10005771100
Leniency clauses, offering cartelists legal immunity if they blow the whistle on each other, is a recent anti-trust innovation. The authorities wish to thwart cartels and promote competition. This effect is not evident, however; whistle-blowing may enforce trust and collusion by providing a tool...
Persistent link: https://www.econbiz.de/10005771101
This paper tests the insiders' dilemma hypothesis in a laboratory experiment. The insiders' dilemma means that a …
Persistent link: https://www.econbiz.de/10005190652
We look at gender differences among adolescents in Sweden in preferences for competition, altruism and risk. For competitiveness, we explore two different tasks that differ in associated stereotypes. We find no gender difference in competitiveness when comparing performance under competition to...
Persistent link: https://www.econbiz.de/10008914358
This paper compares cooperation among Columbian and Swedish children aged 9-12. We illustrate the dynamics of the prisoner’s dilemma in a new task that is easily understood by children and performed during a physical education class. We find some evidence that children cooperate more in Sweden...
Persistent link: https://www.econbiz.de/10008919576
Using a unique laboratory experiment where subjects are asked to guess the test performance of candidates presented by … change if the candidate has native-like versus accented speech? The experiment is conducted in Sweden and the results show …
Persistent link: https://www.econbiz.de/10008925675