Showing 1 - 10 of 66
. -- Experimental Economics ; Financial Markets ; Overconfidence …
Persistent link: https://www.econbiz.de/10009614297
We examine learning behavior in auctions and Fair division games with independent private values under two different … than single bids. This allows us to examine whether learning is influenced by the structural differences between games. We … find that within the time horizon which we investigate, learning does not drive toward risk neutral equilibrium bidding and …
Persistent link: https://www.econbiz.de/10009581102
Robust learning experiments confront participants with structurally different decision environments which they …
Persistent link: https://www.econbiz.de/10009612041
player can obtain a signal for free (as in the experiment by Anderson and Holt, 1997, American Economic Review), the case of …
Persistent link: https://www.econbiz.de/10009612571
Updating behavior in cascade experiments is usually investigated on the basis of urn prediction. But urn predictions alone can only provide a very rough information on individual updating behavior. Therefore, we implement a BDM mechanism. Subjects have to submit maximum prices that they are...
Persistent link: https://www.econbiz.de/10009613603
Persistent link: https://www.econbiz.de/10009578584
Statistics is considered to be a difficult science since it requires a variety of skills including handling of quantitative data, graphical insights as well as mathematical ability. Yet ever increasing special knowledge of statistics is demanded since data of increasing complexity and size need...
Persistent link: https://www.econbiz.de/10009579170
Teachware is a set of computer software tools for computeraided interactive teaching of certain knowledge elements. The construction of teachware for statistical knowledge is a rather young field since it heavily depends on data structures and graphical interaction possibilities. In this paper...
Persistent link: https://www.econbiz.de/10009630542
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any …
Persistent link: https://www.econbiz.de/10009580461
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