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Experiments and simulations on day-to-day route choice-behaviour

Selten, Reinhard; Schreckenberg, Michael; Pitz, Thomas; … - 2003

The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...

Persistent link: https://www.econbiz.de/10011506494

Measuring agents' reaction to private and public information in games with strategic complementarities

Cornand, Camille; Heinemann, Frank - 2010

behavior of others. This may lead to welfare-reducing 'overreactions' to public signals. We present an experiment based on a …

Persistent link: https://www.econbiz.de/10003937803

Formative experiences and the price of gasoline

Severen, Christopher; Benthem, Arthur A. van - 2019

An individual’s initial experiences with a common good, such as gasoline, can shape their behavior for decades. We first show that the 1979 oil crisis had a persistent negative effect on the likelihood that individuals that came of driving age during this time drove to work in the year 2000...

Persistent link: https://www.econbiz.de/10012035053

Cross-racial envy and underinvestment in South Africa

Haile, Daniel (contributor); Sadrieh, Abdolkarim (contributor) - 2006

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such...

Persistent link: https://www.econbiz.de/10003301019

Reciprocity and emotions when reciprocators know each other

Reuben, Ernesto (contributor); … - 2006

This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...

Persistent link: https://www.econbiz.de/10003301137

The attack and defense of weakest-link networks

Kovenock, Daniel J.; Roberson, Brian; Sheremeta, Roman M. - 2010

This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...

Persistent link: https://www.econbiz.de/10008697819

Does policy communication during COVID work?

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

by the Federal Reserve, stimulus measures, as well as recommendations from health officials. This experiment allows us to …

Persistent link: https://www.econbiz.de/10012231514

What people believe about monetary finance and what we can('t) do about it : evidence from a large-scale, multi-country survey experiment

Hommes, Cars H.; Pinter, Julien; Salle, Isabelle - 2023

We conduct an information-provision experiment within a large-scale household survey on public finance in France, The …

Persistent link: https://www.econbiz.de/10014319204

Numbers tell, words sell

Thaler, Michael; Toma, Mattie; Wang, Victor Yaneng - 2024

When communicating numeric estimates with policymakers, journalists, or the general public, experts must choose between using numbers or natural language. We run two experiments to study whether experts strategically use language to communicate numeric estimates in order to persuade receivers....

Persistent link: https://www.econbiz.de/10015179214

A theory of reciprocity

Falk, Armin; Fischbacher, Urs - 2001

This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind … ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by … the intention underlying this action. The theory explains the relevant stylized facts of a wide range of experimental …

Persistent link: https://www.econbiz.de/10011398368

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