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Optimal and Fair Prizing in Sequential Round-Robin Tournaments : Experimental Evidence
Lauber, Arne; March, Christoph; Sahm, Marco - 2022
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how … players. We compare tournaments with a second prize equal to either 0%, 50%, or 100% of the first prize. While theory predicts … advantaged in the 100%-treatment and disadvantaged in the 0%-treatment. Also in line with the theory, we identify a strategic …
Persistent link: https://www.econbiz.de/10013293842
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Optimal Accuracy of Unbiased Tullock Contests with Two Heterogeneous Players
Sahm, Marco - 2022
I characterize the optimal accuracy level r of an unbiased Tullock contest between two players with heterogeneous prize valuations. The designer maximizes the winning probability of the strong player or the winner’s expected valuation by choosing a contest with an all-pay auction equilibrium...
Persistent link: https://www.econbiz.de/10013298366
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Signalling in Auctions : Experimental Evidence
Bos, Olivier - 2018
laboratory experiment where bidders can signal information through their bidding behaviour to an outside observer. We consider …
Persistent link: https://www.econbiz.de/10012908650
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Cross-Game Learning and Cognitive Ability in Auctions
Giebe, Thomas; Kocher, Martin G.; Schudy, Simeon; … - 2021
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10013314693
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Cooperation in a Fragmented Society : Experimental Evidence on Syrian Refugees and Natives in Lebanon
Drouvelis, Michalis - 2020
refugee populations can cooperate harmoniously. We conduct a lab-in-the-field experiment in Lebanon studying intra- and inter …
Persistent link: https://www.econbiz.de/10012843423
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On Self-Serving Strategic Beliefs
Ging-Jehli, Nadja R. - 2019
strategic belief manipulation and a novel experiment in which we replicate Di Tella, et al.’s, experiment and also elicit the …
Persistent link: https://www.econbiz.de/10012891985
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Lying and Reciprocity
Dato, Simon - 2019
empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover’s lying propensity …
Persistent link: https://www.econbiz.de/10012892217
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An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games
Charness, Gary - 2019
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012866385
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The Team Allocator Game : Allocation Power in Public Goods Games
Karakostas, Alexandros; Matzat, Dominik; Riewe, Gerhard; … - 2021
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10013231971
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Ultimatum Game Behavior in a Social-Preferences Vacuum Chamber
Benndorf, Volker; Brinkhaus, Thomas Große; von … - 2021
trembling-hand perfect equilibrium under selfish preferences even towards the end of our experiment. The likely reasons for our …
Persistent link: https://www.econbiz.de/10013213777