Showing 1 - 10 of 311
The processes by which culture influences economic variables need to be exposed in order for the concept to be a useful tool for prediction and policy formulation. We investigate the attitudes and experimental behaviour of Malaysian and UK subjects to shed light on the nature of culture and the...
Persistent link: https://www.econbiz.de/10005150910
The standard chicken game is a popular model of certain important real scenarios but does not allow for the escalation behaviour these are typically associated with. This is problematic if the critical, final decisions in these scenarios are sensitive to previous escalation. We introduce and...
Persistent link: https://www.econbiz.de/10010545641
This article surveys the experimental economics approach to the study of religion. The field has a place in the context of the scientific study of religion generally and the social psychology of religion in particular, but employs distinct economic methods which promise new and different...
Persistent link: https://www.econbiz.de/10010545653
We explore the scientific potential of virtual worlds for experimental economists. In particular, we report the results of a series of virtual world experiments designed to examine the suitability of (a) users as subjects and (b) the computer interface as an experimental platform. Formal results...
Persistent link: https://www.econbiz.de/10010552268
The processes by which culture influences economic variables need to be exposed in order for the concept to be a useful tool for prediction and policy formulation. We investigate the attitudes and experimental behaviour of Malaysian and UK subjects to shed light on the nature of culture and the...
Persistent link: https://www.econbiz.de/10010552273
We explore the scientific potential of virtual worlds for experimental economists. In particular, we report the results of a series of virtual world experiments designed to examine the suitability of (a) users as subjects and (b) the computer interface as an experimental platform. Formal results...
Persistent link: https://www.econbiz.de/10005453704
The standard chicken game is a popular model of certain important real scenarios but does not allow for the escalation behaviour these are typically associated with. This is problematic if the critical, final decisions in these scenarios are sensitive to previous escalation. We introduce and...
Persistent link: https://www.econbiz.de/10009148904
Substantial evidence suggests the behavioral relevance of social preferences and also the importance of social influence effects (“peer effects”). Yet, little is known about how peer effects and social preferences are related. In a three-person gift-exchange experiment we find causal...
Persistent link: https://www.econbiz.de/10010850651
This paper introduces information aggregation into the standard spatial committee game. We assume that committee members must agree on a decision rule to aggregate their private information on a policy-relevant state of the world. We derive sufficient conditions for the ex ante incentive...
Persistent link: https://www.econbiz.de/10010884978
This paper presents theory and experiments to investigate how network architecture influences route-choice behavior. We consider changes to networks that, theoretically, exhibit the Pigou- Knight-Downs and Braess Paradoxes. We show that these paradoxes are specific examples of more general...
Persistent link: https://www.econbiz.de/10010884979