Showing 1 - 10 of 90
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
Opinion is divided on whether it is better to have a single world   money or variable exchange rates.  Pope, Selten and von Hagen (2003)   propose that fresh light would be shed via an analysis that allows   for seven complexity impacts on the exchange rate that are   underplayed...
Persistent link: https://www.econbiz.de/10004968330
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
Persistent link: https://www.econbiz.de/10004968207
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
Persistent link: https://www.econbiz.de/10004968268
Persistent link: https://www.econbiz.de/10004968287
disadvantageous and advantageous proposals. We report on an ultimatum game video experiment where more than 50 percent of the …
Persistent link: https://www.econbiz.de/10004968355
In the economic literature on market competition, firms are often modeled as single decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one can not generally expect that the behavior of...
Persistent link: https://www.econbiz.de/10004968365
We report an experiment that uses the strategy method (Selten 1967) to elicit subjects' general strategy for playing …
Persistent link: https://www.econbiz.de/10004968378