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Simultaneous evolution of learning rules and strategies

Kirchkamp, Oliver - 1996

Persistent link: https://www.econbiz.de/10000951905

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

Spite vs. risk: explaining overbidding

Kirchkamp, Oliver; Mill, Wladislaw - 2019

Persistent link: https://www.econbiz.de/10012018322

Asynchronous evolution of pairs : how spatial evolution leads to inequality

Kirchkamp, Oliver - 1995

Persistent link: https://www.econbiz.de/10000934092

Conditional Cooperation and the Effect of Punishment

Kirchkamp, Oliver; Mill, Wladislaw - 2018

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...

Persistent link: https://www.econbiz.de/10011887375

Bubbles in Hybrid Markets - How Expectations about Algorithmic Trading Affect Human Trading

Farjam, Mike; Kirchkamp, Oliver - 2015

experiment to measure changes of human trading behavior if these humans expect algorithmic traders. To disentangle the direct …

Persistent link: https://www.econbiz.de/10011431175