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Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2004

One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment … in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …

Persistent link: https://www.econbiz.de/10011338000

Gift exchange and the separation of ownership and control

Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2006 - This version: April, 2006

Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers …' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are …

Persistent link: https://www.econbiz.de/10011349214

Simple and complex gift exchange in the laboratory

Heijden, Eline C. van der; Nelissen, Jan H. M.; Potters, Jan - 2001

We examine an experimental gift exchange game in which the players can improve upon theunique no-gifts equilibrium through cooperative gift giving. The main feature of the study is thatthere are two different types of gift exchange, which we call simple and complex exchange,respectively. Complex...

Persistent link: https://www.econbiz.de/10011317441

Imitation and belief learning in an oligopoly experiment

Offerman, Theo; Potters, Jan; Sonnemans, Joep - 1997

We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the …

Persistent link: https://www.econbiz.de/10010371113

Inefficiency and social exclusion in a coalition formation game : experimental evidence

Okada, Akira; Riedl, Arno - 1999 - This version: February, 1999

This paper reports the results of experiments involving a 3-personcoalitionformation game with an ultimatumbargaining …-person ultimatumbargainingexperiments, negative reciprocity (i.e.punishment of unfair offers) plays a crucial role in … decision making.Thehypothesis that selfishness and anticipatednegative reciprocity by proposers together with actual …

Persistent link: https://www.econbiz.de/10011301150

Self-selection and the power of incentive schemes : an experimental study

Výrašteková, Jana; Onderstal, Sander; Koning, Pierre - 2010

high trust or reciprocity in the trust game are more likely to choose team incentives. When exposed to individual …

Persistent link: https://www.econbiz.de/10011381025

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2022

In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...

Persistent link: https://www.econbiz.de/10013375345

The endowment effect in games

Drouvelis, Michalis; Sonnemans, Joep - 2015

We study experimentally whether the endowment effect survives in a social and strategic context. Participants are asked for their Willingness-to-Accept (WTA) or Willingness-to-Pay (WTP) to play a series of 2x2 games. In the second part of the experiment, we study the endowment effect in...

Persistent link: https://www.econbiz.de/10011339153

Strategies and evolution in the minority game : a multi-round strategy experiment

Linde, Jona; Sonnemans, Joep; Tuinstra, Jan - 2013

Persistent link: https://www.econbiz.de/10010191416

Money talks? : an experimental investigation of cheap talk and burned money

Haan, Thomas de; Offerman, Theo; Sloof, Randolph - 2011

We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....

Persistent link: https://www.econbiz.de/10011386442