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Exploring Group Behavior in a Power-to-Take Video Experiment

Bosman, Ronald; Hennig-Schmidt, Heike; vanWinden, Frans - University of Bonn, Germany - 2002

This paper experimentally explores group decision-making in a two-player power-to-take game. Discussions preceding group decisions are video taped and analyzed. Each subject first earns an income in an individual effort task preceding the game. The game consists of two stages. First, one group...

Persistent link: https://www.econbiz.de/10004968336

Teams Take the Better Risks

Kuon, Bettina; Sadrieh, Abdolkarim; Mathauschek, Barbara - University of Bonn, Germany - 1999

principles of <i>Expected Utility Theory</i> (EUT) and of <i>Portfolio Selection Theory</i> (PST). The experiment is performed … results of our experiment are well explained by the excess-risk vetoing. …

Persistent link: https://www.econbiz.de/10004968234

Stability of the Cournot Process - Experimental Evidence

Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg - University of Bonn, Germany - 2002

We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly with four firms, the best reply process should theoretically explode if demand and cost functions are linear. We find, however, no experimental evidence of such instability....

Persistent link: https://www.econbiz.de/10005085681

Experimentally Observed Imitation and Cooperation in Price Competition on the Circle

Selten, Reinhard; Apesteguia, Jose - University of Bonn, Germany - 2002

This paper reports an experiment on a location game, the so-called "Price-Competition on the Circle." There are n …

Persistent link: https://www.econbiz.de/10005032209

Learning in experimental 2×2 games

Goerg, Sebastian J.; Chmura, Thorsten; Selten, Reinhard - University of Bonn, Germany - 2008

In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action-sampling learning, and payoff-sampling learning. With this models and together with the models of self- tuning EWA learning and reinforcement learning, we conduct simulations over 12...

Persistent link: https://www.econbiz.de/10004989641

Anticipatory Learning in Two-Person Games: An Experimental Study, Part II. Learning

Tang, Fang-Fang - University of Bonn, Germany - 1996

Persistent link: https://www.econbiz.de/10004968207

Descriptive Approaches to Cooperation

Selten, Reinhard - University of Bonn, Germany - 1994

1983), and the difference measure of predictive success (Selten 1991) are explained. Then the theory of equal division …). The theory of the negotiation agreement area (Kuon and Uhlich 1993) for two-person characteristic function games with non … principle (Tietz and Weber 1972) and its dynamic elaborations, the planning difference theory and the dynamic balance aspiration …

Persistent link: https://www.econbiz.de/10004968251

Anticipatory Learning in Two-Person Games: An Experimental Study, Part I: Equilibrium and Stability.

Tang, Fang-Fang - University of Bonn, Germany - 1996

Persistent link: https://www.econbiz.de/10004968268

Spontaneous Behavior and Experienced Players' Strategies in Two-Person Bargaining with Incomplete Information

Kuon, Bettina - University of Bonn, Germany - 1996

subjects in a game playing experiment and the strategies programmed by highly experienced subjects. The synopsis of these two …

Persistent link: https://www.econbiz.de/10004968278

Anticipatory Learning in Two-Person Games: An Experimental Study, Part III. Individual Analysis

Tang, Fang-Fang - University of Bonn, Germany - 1996

Persistent link: https://www.econbiz.de/10004968287

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