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Measuring price risk aversion through indirect utility functions : a laboratory experiment
Zeytoon-Nejad, Ali - In: Games 13 (2022) 4, pp. 1-43
prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …
Persistent link: https://www.econbiz.de/10013368182
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Voluntary leadership and asymmetric endowments in the investment game
Kleine, Fabian; Königstein, Manfred; Rozsnyói, Balázs - In: Games 9 (2018) 3/51, pp. 1-21
We experimentally investigate variants of the investment game by Berg, Dickhaut, and McCabe (1995), in which one of the two players decides who are first mover and second mover. It has been shown by Kleine, Königstein, and Rozsnyói (2014) that voluntary leadership increases both investment and...
Persistent link: https://www.econbiz.de/10011891072
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Fairness preferences in a bilateral trade experiment
Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1/8, pp. 1-17
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...
Persistent link: https://www.econbiz.de/10012168600
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Responsibility-sensitive welfare weights for health
Robson, Matthew; O'Donnell, Owen; Van Ourti, Tom - 2024
evaluation. In a UK general population sample, 569 online experiment participants distribute constrained resources to determine …
Persistent link: https://www.econbiz.de/10014581233
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Aversion to Health Inequality - Pure, Income-Related and Income-Caused
Robson, Matthew; O'Donnell, Owen; Van Ourti, Tom - 2023
We design a novel experiment to identify aversion to pure (univariate) health inequality separately from aversion to …
Persistent link: https://www.econbiz.de/10014321792
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Bidding for Nothing? The Pitfalls of overly Neutral Framing
Dürsch, Peter; Muller, Julia - 2014
what they think they are tasked with in the experiment. Adding a second auction that has a context drastically reduces the …
Persistent link: https://www.econbiz.de/10010377201
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Voluntary versus enforced team effort
Keser, Claudia; Montmarquette, Claude - In: Games 2 (2011) 3, pp. 277-301
players to choose team remuneration in a series of laboratory experiments. This allows for high cooperation payoffs but also …
Persistent link: https://www.econbiz.de/10009752421
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Incentive magnitude effects in experimental games : bigger is not necessarily better
Pulford, Briony D.; Colman, Andrew M.; Loomes, Graham - In: Games 9 (2018) 1/4, pp. 1-10
In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011848336
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Preference based subjective beliefs
Giaccherini, Matilde; Ponti, Giovanni - In: Games 9 (2018) 3/50, pp. 1-12
and beliefs but reverses the order of causality. We use existing evidence from a multi-stage experiment in which we first …
Persistent link: https://www.econbiz.de/10011891123
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Why Are Open Ascending Auctions Popular? The Role of Information Aggregation and Behavioral Biases
Offerman, Theo; Romagnoli, Giorgia; Ziegler, Andreas G. B. - 2020
activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …
Persistent link: https://www.econbiz.de/10014352203