Narrow search
Showing 1 - 10 of 134
Cover Image
Fairness in markets and market experiments
Engelmann, Dirk; Friedrichsen, Jana; Kübler, Dorothea - 2018
and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates … the experiment. These results support the notion that fairness preferences as assessed in laboratory experiments capture …
Persistent link: https://www.econbiz.de/10011895978
Cover Image
Self-serving bias in redistribution choices : accounting for beliefs and norms
Amasino, Dianna; Pace, Davide Domenico; Weele, Joël J. … - 2023
underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure … report different fairness views and beliefs about task performance, but not different beliefs about social norms. Further …, only fairness views play a significant mediating role between status and allocation differences, suggesting this is the …
Persistent link: https://www.econbiz.de/10014477403
Cover Image
Ruled by robots : preference for algorithmic decision makers and perceptions of their choices
Chugunova, Marina; Luhan, Wolfgang J. - 2023
decisions are mainly driven by own material interests and fairness ideals. For the latter, players display remarkable … negatively to redistribution decisions that do not fit any fairness ideals. Our results suggest that even in the realm of moral …
Persistent link: https://www.econbiz.de/10014495065
Cover Image
Imitation under stress
Buckert, Magdalena; Oechssler, Joerg; Schwieren, Christiane - 2014
Imitating the best strategy from the previous period has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under stress. Subjects play a repeated Cournot oligopoly....
Persistent link: https://www.econbiz.de/10010457243
Cover Image
Beliefs and actions in the trust game : creating instrumental variables to estimate the causal effect
Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - 2012
In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...
Persistent link: https://www.econbiz.de/10009583740
Cover Image
How do sellers benefit from buy-it-now prices in Ebay auctions? : an experimental investigation
Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2018
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/10011902715
Cover Image
Knowing me, imagining you : projection and overbidding in auctions
Breitmoser, Yves - 2017
Overbidding in auctions has been attributed to e.g. risk aversion, loser regret, level-k, and cursedness, relying on varying identifying assumptions. I argue that "type projection" organizes these findings and largely captures observed behavior. Type projection formally models that people tend...
Persistent link: https://www.econbiz.de/10011698267
Cover Image
Expectations of reciprocity when competitors share information : experimental evidence
Ganglmair, Bernhard; Holcomb, Alex; Myung, Noah - 2019
Informal exchange of information among competitors has been well-documented in a variety of industries, and one's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback loop in the laboratory and show that an individual's...
Persistent link: https://www.econbiz.de/10012055632
Cover Image
Nudging cooperation
Barron, Kai; Nurminen, Tuomas - 2018
This paper experimentally studies two simple interventions aimed at increasing public goods provision in settings in which accurate feedback about contributions is not available. The first intervention aims to exploit lying aversion by requiring subjects to send a non-verifiable ex post...
Persistent link: https://www.econbiz.de/10011982104
Cover Image
Competition and fatigue at work
Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2018
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/10011976073