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This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10013316350
experiment where the outcome of referrals is examined. To what extent do unemployed individuals actually apply for the jobs they … probability of leaving unemployment? The experiment indicates that a relatively large fraction (one third) of the referrals do not …
Persistent link: https://www.econbiz.de/10013316401
individuals' cooperation preferences in one experiment and use them - as well as subjects' elicited beliefs - to explain …
Persistent link: https://www.econbiz.de/10013316430
community-based development schemes with heterogeneous groups. Not only information on the distribution of aid resources through …
Persistent link: https://www.econbiz.de/10013316477
laboratory experiment. In theory, the chopstick auction has an efficient equilibrium and is revenue equivalent with the second …-price sealed-bid auction in which the exposure problem is not present. In the experiment, however, we find that the 'chopstick …
Persistent link: https://www.econbiz.de/10013317485
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10013134512
This paper reports the results from a controlled field experiment designed to investigate the causal effect of public …
Persistent link: https://www.econbiz.de/10013084010