Narrow search
Showing 1 - 10 of 91
Cover Image
An Experimental Study of Credible Deviations and ACDC
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
We test the Average Credible Deviation Criterion (ACDC), a stability measure and refinement for cheap talk equilibria … organize data well in previous experiments meant to test other concepts. This experiment provides the first systematic test of … predictions of ACDC in settings where existing concepts are silent. Finally, we test the prediction derived in De Groot Ruiz …
Persistent link: https://www.econbiz.de/10011256353
Cover Image
Equilibrium Selection in Cheap Talk Games: ACDC rocks when Other Criteria remain silent
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
Currently no refinement exists that successfully selects equilibria across a wider range of Cheap Talk games. We propose a generalization of refinements based on credible deviations, such as neologism proofness and announcement proofness. According to our Average Credible Deviation Criterion...
Persistent link: https://www.econbiz.de/10011256700
Cover Image
Equilibrium Selection in Experimental Cheap Talk Games
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2015
In the past, many refinements have been proposed to select equilibria in cheap talk games. Usually, these refinements were motivated by a discussion of how rational agents would reason in some particular cheap talk games. In this paper, we propose a new refinement and stability measure that is...
Persistent link: https://www.econbiz.de/10011257267
Cover Image
Information and Strategic Voting
Tyszler, Marcelo; Schram, Arthur - Tinbergen Instituut - 2011
We theoretically and experimentally study voter behavior in a setting characterized by plurality rule and mandatory voting, where voters choose from three options. We are interested in the occurrence of strategic voting in an environment where Condorcet cycles may occur. In particular, we focus...
Persistent link: https://www.econbiz.de/10011255903
Cover Image
Collusion and the Choice of Auction: An Experimental Study
Hinloopen, Jeroen; Onderstal, Sander - Tinbergen Instituut - 2010
We experimentally examine the collusive properties of two commonly used auctions: the English auction (EN) and the first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while both can be incentive compatible in FPSB if the auction...
Persistent link: https://www.econbiz.de/10011255908
Cover Image
Going Once, Going Twice, Reported!
Hinloopen, Jeroen; Onderstal, Sander - Tinbergen Instituut - 2009
We experimentally examine the effectiveness of antitrust policies against bidding rings in theEnglish auction (EN) and the first-price sealed-bid auction (FP). We consider both traditionalantitrust policy (without a leniency program) and modern antitrust policy (with a leniencyprogram). In EN,...
Persistent link: https://www.econbiz.de/10011257084
Cover Image
The Behavioral Impact of Emotions in a Power to take Game: An Experimental Study
Bosman, Ronald; Winden, Frans A.A.M. van - Tinbergen Instituut - 1999
The power to take game is a simple two player game where players arerandomly divided into pairs consisting of a take authority and responder.Both players in each pair have earned an own income in an individual realeffort decision-making experiment preceding the take game. The gameconsists of two...
Persistent link: https://www.econbiz.de/10011255559
Cover Image
The Impact of Female Sex Hormones on Competitiveness
Buser, Thomas - Tinbergen Instituut - 2009
We use fluctuations of female sex hormones occurring naturally over the menstrual cycle or induced by hormonal contraceptives to determine the importance of sex hormones in explaining gender differences in competitiveness. Participants in a laboratory experiment solve a simple arithmetics task...
Persistent link: https://www.econbiz.de/10011255599
Cover Image
Competition and Well-Being
Brandts, Jordi; Riedl, Arno; Winden, Frans van - Tinbergen Instituut - 2004
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...
Persistent link: https://www.econbiz.de/10011255651
Cover Image
Social Comparison and Risky Choices
Linde, Jona; Sonnemans, Joep - Tinbergen Instituut - 2009
This discussion paper has led to a publication in <A href="http://www.springerlink.com/content/r6x36x128621t040/">'Journal of Risk and Uncertainty'</A>, 44(1), 45-72.<P>This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on...</p></a>
Persistent link: https://www.econbiz.de/10011255676