Showing 1 - 5 of 5
In this note we present an experiment to compare the two competing fairness theories by Bolton / Ockenfels and Fehr …
Persistent link: https://www.econbiz.de/10009583893
In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary incentives for revealing the actual estimation of others' behavior. In each session and round sixteen subjects make a choice between two options simultaneously. Then they...
Persistent link: https://www.econbiz.de/10009581106
We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic equilibrium with interior equilibria and homogeneous players. -- beauty...
Persistent link: https://www.econbiz.de/10009614296
emphasis on the legal division of tax payments. We use computerized experimental posted-offer markets to test liability side …
Persistent link: https://www.econbiz.de/10009582390
In the trust game first player 1 decides between non-cooperation or trust in reciprocity and then, in the latter case, player 2 between exploiting player 1 or rewarding him. In our experiment, player 2 can be a notorically rewarding player (this type is implemented as a robot strategy) or a...
Persistent link: https://www.econbiz.de/10009582410