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This paper experimentally investigates whether agents behavedifferently if their own earnings are atstake (effort experiment) or a budget that is provided to them likea sort of manna from heaven(no-effort experiment) . We use the so-called power-to-take game,employed by Bosman & VanWinden (1999)...
Persistent link: https://www.econbiz.de/10011304382
While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than individuals, Cason and Mui (1997) report that teams are more altruistic than individuals in a dictator game. Using a within-subjects design we re-examine group polarization by...
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We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naïve advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10011350357