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.e., underconfident agents are more likely to accept early offers than overconfident agents. The experiment identifies a behavioral …
Persistent link: https://www.econbiz.de/10011592125
selection. Our finite mixture model applies with the same parameters (shares of populations, altruism parameters) to the four …
Persistent link: https://www.econbiz.de/10011630500
In Binary Threshold Public Good (BTPG) games n players contribute or not to the production of a public good which is produced if and only if there are at least k contributors. The BTPG games with the highest (k=n) and the lowest (k=1) threshold are the Stag Hunt game and the Volunteer's Dilemma....
Persistent link: https://www.econbiz.de/10011630501
We study theoretically and experimentally the role of fatigue and recovery within a competitive work environment. At work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they have to take into account fatigue, which accumulates over...
Persistent link: https://www.econbiz.de/10011985278
gap. We test this prediction using a laboratory experiment that varies whether the decision to compete, and its outcome …
Persistent link: https://www.econbiz.de/10011932905
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …) which allow us to disentangle behaviors compatible with altruism, inequity aversion, and reference dependent altruism. Most …
Persistent link: https://www.econbiz.de/10011932915
competition affect agents\' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a …
Persistent link: https://www.econbiz.de/10011932925
In Buy-It-Now (BIN, hereafter) auctions, sellers can make a \"take-it-or-leave-it\" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011932962
equilibrium for the immediate acceptance mechanism. This finds support in the experiment. Moreover, the lottery quota leads to …
Persistent link: https://www.econbiz.de/10011932979
In Binary Threshold Public Good (BTPG) games players contribute or not to the production of a public good which is produced if and only if there are "enough" contributors. There is a plethora of equilibria in BTPG games. We experimentally test general theoretical attributes of equilibria and...
Persistent link: https://www.econbiz.de/10011438878