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A characterization of melioration in game theoretic frameworks
Apesteguia, Jose - 2001
The theory of melioration, originally formulated for individual decision-making contexts, is formally extended to a …
Persistent link: https://www.econbiz.de/10011539636
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When randomization in collective tournaments is profitable for the principal
Lehmann, Stefanie Aniela - 2008
In the context of principal-agent theory risk is largely seen as a source that causes inefficiencies and lowers …collective tournament, incentives, randomization, risk … tournament where output in a team is generated through a particular two-stage production process. I show within a theoretical …
Persistent link: https://www.econbiz.de/10003850395
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Fair salaries and the moral costs of corruption
Abbink, Klaus - 2000
In a bribery experiment, we test the hypothesis that distributive fairness considerations make relatively well …
Persistent link: https://www.econbiz.de/10011538846
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Can you guess the game you're playing?
Oechssler, Joerg; Schipper, Burkhard - 2000
an experiment designed to test whether players learn a) the relevant features of the payoff structure of a 2x2 game (e …
Persistent link: https://www.econbiz.de/10011539825
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Does information matter? : some experimental evidence from a common-pool resource game
Apesteguia, Jose - 2001
This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups played the same game but with no information about the...
Persistent link: https://www.econbiz.de/10011538855
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Imitation equilibrium
Selten, Reinhard; Ostmann, Axel - 2000
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly models. The concept applies to normal form games enriched by a reference structure specifying a reference group for every player. The reference group is a set of other players, whom...
Persistent link: https://www.econbiz.de/10011538885
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The two-person Harvard game : an experimental analysis
Apesteguia, Jose - 2001
theory of melioration is to exclusively play A, while the Nash equilibrium is to almost exclusively play B. The predictive …
Persistent link: https://www.econbiz.de/10011539831
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Experimental evidence on the benefits of eliminating exchange rate uncertainties and why expected utility theory causes economists to miss them
Pope, Robin (contributor) - 2006
Ahead Theory, Pope (1983, 1995, 2005), Pope, Leitner and Leopold (2006). A laboratory experiment suggests that (i) and (ii …Conclusions favorable to flexible exchange rates typically accord with expected utility theory in ignoring the costs …
Persistent link: https://www.econbiz.de/10003421397
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On the foundations of the property rights theory of the firm : cooperative investments and message-dependent contracts
Roider, Andreas - 2000 - This version: October 2000
The property-rights theory assumes that trade is non-contractible ex-ante and focusses exclusively on the allocation of …
Persistent link: https://www.econbiz.de/10011539180
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Strategic choice handicaps when females pay the cost of the handicap
Nöldeke, Georg; Samuelson, Larry - 2001
We examine a strategic-choice handicap model in which males send costly signals to advertise their quality to females. Females are concerned with the net viability of the male with whom they mate, where net viability is a function of the male's quality and signal. We identify circumstances in...
Persistent link: https://www.econbiz.de/10011539707