Showing 1 - 10 of 241
framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …
Persistent link: https://www.econbiz.de/10012312079
favorable tie-breaking rules can reduce the discouragement effect and increase the designer's revenue. We test these predictions …
Persistent link: https://www.econbiz.de/10011489403
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three players. We compare tournaments with a second prize...
Persistent link: https://www.econbiz.de/10013167956
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/10012668312
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...
Persistent link: https://www.econbiz.de/10012002983
. Female participants negotiate in an unstructured bilateral bargaining game with asymmetric information about the allocation …We investigate experimentally how the menstrual cycle affects bargaining behavior and bargaining outcomes of women … of a surplus ('pie size'). We find that the menstrual cycle affects bargaining behavior and that the effects depend on …
Persistent link: https://www.econbiz.de/10014469147
We modify the Acquiring-a-Company game to study lying in ultimatum bargaining. Privately informed sellers send messages … about the alleged value of their company to potential buyers. Via random information leaks, buyers can learn the true value …
Persistent link: https://www.econbiz.de/10014265847
likelihood of agreement in bilateral negotiations over the provision of a public good when parties have private information over … their contribution costs. We test the model in a laboratory experiment paying particular attention to how behavioral …
Persistent link: https://www.econbiz.de/10010361371
Does the extent of cheating depend on a proper reference point? We use a real effort task that implements a two (gain versus loss frame) times two (monitored performance versus unmonitored performance) between-subjects design to examine whether cheating is reference-dependent. Our experimental...
Persistent link: https://www.econbiz.de/10010412075
knowledge. To assess the effect of information asymmetries on prosocial behavior, we conduct a laboratory experiment with a … a recipient. We observe subjects with heterogenous social preferences. While under symmetric information only … individuals with the same type of preferences transfer, under asymmetric information different types transfer at the same time. As …
Persistent link: https://www.econbiz.de/10010342476