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Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and …
Persistent link: https://www.econbiz.de/10003385854
interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us …
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In experimental games, a substantial minority of players often fail to best respond. Using two-person 3x3 one-shot games, we investigated whether 'structuring' the pre-decision deliberation process produces greater consistency between individuals' stated values and beliefs on the one hand and...
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The "grammar of trust" is one the most explored loci in game theory and behavioural economics. However, still much …
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choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
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the effectiveness of these mechanisms in a one-shot public goods experiment. Voluntary participation has a positive effect …
Persistent link: https://www.econbiz.de/10011434271
We study information conditions under which individuals are willing to delegate their sanctioning power to a central authority. We design a public goods game in which players can move between institutional environments, and we vary the observability of others' contributions. We find that the...
Persistent link: https://www.econbiz.de/10011536714