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Systematic experiments with distribution games (for a survey, see Roth, 1995, ) haveshown that participants are strongly motivated by fairness and efficiency considerations.This evidence, however, results mainly from experimental designs asking directly for sharingmonetary rewards. But even when...
Persistent link: https://www.econbiz.de/10005866809
trades due to information asymmetries.In order to create a potential for social learning, we provide subjects with …
Persistent link: https://www.econbiz.de/10005866640
We experimentally investigate whether individuals can reliably detect cooperators in an anonymous decision environment by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their partner's donation share to a self-selected charity, and...
Persistent link: https://www.econbiz.de/10005867074
We examine the strategic behavior of leaders and followers in sequential duopoly experimentsin which followers either perfectly observe the leaders’ actions or else observe nothing. Ourexperiments show that consistent with the theory, leaders enjoy a greater first-mover advantagewhen followers...
Persistent link: https://www.econbiz.de/10005867079
Threat power is the ability to impose a great loss on someone else at relativelylow own cost and can be measured by the ratio of other’s and own loss. It can bevaried by assuming that rejecting an ultimatum reduces the payoff of the proposerto its lambda–share and that of the responder to...
Persistent link: https://www.econbiz.de/10005867105
-person bargaining game. In our data analysis we focus on (1) the influence of age, gender, profession and the medium chosen for … participation on bargaining behavior and on (2) the external validity of student behavior (inside and outside the lab). We find that …
Persistent link: https://www.econbiz.de/10005866720
To commit credibly in bargaining is crucial: In the ultimatum game with its one–sided early commitment power the … simultaneouslythe (a)symmetric Nash(1950)–bargaining solution, however, predicts (moreor less) equal shares. Relying on a continuous …
Persistent link: https://www.econbiz.de/10005866908
We examine the strategic behavior of first and second movers in a two party bargaining game with uncertain information … Nash demand game. In the experiment we vary the commonly known probability of information transmission. Our main finding is …
Persistent link: https://www.econbiz.de/10005866971
-person bargaining game. In our data analysis we focus on (1) the influence of age, gender, profession and the medium chosen for … participation on bargaining behavior and on (2) the external validity of student behavior (inside and outside the lab). We find that …
Persistent link: https://www.econbiz.de/10005867078
In the Yes/No game, like in the ultimatum game, proposer and respondercan share a monetary reward. In both games the proposer suggests a rewarddistribution which the responder can accept or reject (yielding 0-payoffs). Thegames only differ in that the responder does (not) learn the suggested...
Persistent link: https://www.econbiz.de/10005866695