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 stages. In the first stage, the take authority decides howmuch income …-69, as: 'Emotional Hazard in a Power-to-Take Experiment'. …

optimization task. All treatments converge to Rational Expectation Equilibrium (REE), but at very different speeds. We observe that …. Subjects are less likely to make conditionally optimal production decision for given forecasts in treatment 3) where the …

in a standard asset pricingmodel. They do not have knowledge of the underlying market equilibrium equa-tions, but they … the participants. The real-ized price is then obtained from market equilibrium with feedback from individualexpectations …

: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on … risky choices is explored in an experiment in which participants make a series of choices between lotteries with only … fixed payoff that is respectively higher and lower than all possible payoffs of the decision maker. In the neutral context …

improves future individual decisions. We find that having more than one judge consider cases reduces error effectively. This …

While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than … dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …