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The relevance of equal splits : on a behavioral discontinuity in ultimatum games

Güth, Werner; Huck, Steffen; Müller, Wieland - 1998

The findings on the ultimatum game are considered as belonging to the most robust experimental results. In this paper we present a slightly altered version of the mini ultimatum game of Bolton and Zwick (1995). Whereas in the latter exactly equal splits were feasible in our games these were...

Persistent link: https://www.econbiz.de/10009574884

Employment duration and resistance to wage reductions : experimental evidence

Burda, Michael C.; Güth, Werner; Kirchsteiger, Georg; … - 1998 - Rev.

employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

Persistent link: https://www.econbiz.de/10009578579

Co-evolution of preferences and information in simple games of trust

Güth, Werner; Kliemt, Hartmut; Peleg, Bezalel - 1998

In standard rational choice modelling decisions are made according to given information and preferences. In the model presented here the 'information technology' of individual decision makers as well as their preferences evolve in a dynamic process. In this process decisions are made rationally...

Persistent link: https://www.econbiz.de/10009578580

Simultaneous and sequential price competition in heterogeneous duopoly markets : experimental evidence

Kübler, Dorothea; Müller, Wieland - 2001

the matching scheme and the mode of eliciting choices (strategy method vs. standard sequential play). -- experimental …

Persistent link: https://www.econbiz.de/10009617949

Integrating a behavioral preference calculus into a simultaneous market entry game : analyses of equilibria for selected cases of prior gain and loss experiences

Schröder, Andreas; Schade, Christian D. - 2002

Persistent link: https://www.econbiz.de/10009621418

I want you! : an experiment studying the selection effect when assigning distributive power

Brandts, Jordi; Güth, Werner; Stiehler, Andreas - 2002

We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire …

Persistent link: https://www.econbiz.de/10009625802

Prior dispositions and actual behavior in dictator and ultimatum games

Brandstätter, Hermann; Güth, Werner; Himmelbauer, Judith - 1999

Individuals differ in behavior since neither their ethical constraints, their attitudes towards risk, nor their analytical talents are the same. In an experimental prephase we tried to elicit such differences by confronting participants with suitable one-person-decision problems. In the main...

Persistent link: https://www.econbiz.de/10009580465

Long-term work contracts versus sequential spot markets : experimental evidence on firm-specific investment

Anderhub, Vital; Königstein, Manfred; Kübler, Dorothea - 1999

administered incentives. -- principal agent ; experiment ; specific human capital …

Persistent link: https://www.econbiz.de/10009580472

To commit or not to commit : endogenous timing in experimental duopoly markets

Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 1999

In this paper, we experimentally investigate the extended game with action commitment of Hamilton and Slutsky (1990). In their duopoly game, firms can choose their quantities in one of two periods before the market clears. If a firm commits to a quantity in period 1 it does not know whether the...

Persistent link: https://www.econbiz.de/10009580476

Stackelberg beats Cournot : on collusion and efficiency in experimental markets

Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 1999

We report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For … each market we implement both a random matching and fixed-pairs version. Stackelberg markets yield, regardless of the … matching scheme, higher outputs than Cournot markets. Under random matching total quantities in Stackelberg markets are higher …

Persistent link: https://www.econbiz.de/10009580482

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