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The binary lottery procedure does not induce risk neutrality in the Holt & Laury and Eckel & Grossman tasks
Kirchkamp, Oliver; Oechssler, Joerg; Sofianos, Andis - In: Journal of economic behavior & organization : JEBO 185 (2021), pp. 348-369
Persistent link: https://www.econbiz.de/10012601250
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Simultaneous evolution of learning rules and strategies
Kirchkamp, Oliver - 1996
Persistent link: https://www.econbiz.de/10000951905
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How to deal with inconsistent choices on multiple price lists
Engel, Christoph; Kirchkamp, Oliver - In: Journal of economic behavior & organization : JEBO 160 (2019), pp. 138-157
Persistent link: https://www.econbiz.de/10012140057
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Spite vs. Risk : Explaining Overbidding
Kirchkamp, Oliver - 2019
In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …
Persistent link: https://www.econbiz.de/10012870642
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Outside options : another reason to choose the first-price auction
Kirchkamp, Oliver; Poen, Eva; Reiß, J. Philipp - 2006
Persistent link: https://www.econbiz.de/10003391573
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Another explanation for overbidding and another bias for underbidding in first-price auctions
Kirchkamp, Oliver; Reiß, J. Philipp - 2006
Persistent link: https://www.econbiz.de/10003391576
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Expectations in first-price auctions
Kirchkamp, Oliver; Reiss, Philipp - 2006
Persistent link: https://www.econbiz.de/10003391590
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Conditional cooperation and the effect of punishment
Kirchkamp, Oliver; Mill, Wladislaw - In: Journal of economic behavior & organization : JEBO 174 (2020), pp. 150-172
Persistent link: https://www.econbiz.de/10012288405
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Spite vs. risk: explaining overbidding
Kirchkamp, Oliver; Mill, Wladislaw - 2019
In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …
Persistent link: https://www.econbiz.de/10012018322
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Regime dependence of the fiscal multiplier
Mittnik, Stefan; Semmler, Willi - In: Journal of economic behavior & organization : JEBO 83 (2012) 3, pp. 502-522
Persistent link: https://www.econbiz.de/10009698047