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On the impact of quotas and decision rules in ultimatum collective bargaining
Feicht, Robert; Grimm, Veronika; Rau, Holger A.; … - 2015
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all treatments a proposer has to divide a pie among herself and two groups of three recipients each. She cannot discriminate within, but across groups. A committee with representatives...
Persistent link: https://www.econbiz.de/10011387570
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How cognitive skills affect strategic behavior : cognitive ability, fluid intelligence and judgment
Gill, David; Knepper, Zachary; Prowse, Victoria; Zhou, Junya - 2024
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
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Strategic complexity and the value of thinking
Gill, David; Prowse, Victoria - 2022
Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...
Persistent link: https://www.econbiz.de/10013191643
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Using response times to measure strategic complexity and the value of thinking in games
Gill, David; Prowse, Victoria L. - 2017
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
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Cognitive skills and the development of strategic sophistication
Fe, Eduardo; Gill, David - 2018
The wage effect of job-education vertical mismatch (i.e. overeducation) has only recently been investigated in the case of Ph.D. holders. The existing contributions rely on OLS estimates that allow measuring the average effect of being mismatched at the mean of the conditional wages...
Persistent link: https://www.econbiz.de/10011798125
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Incentives for cooperation in teams: sociality meets decision rights
Butz, Britta; Guillén, Pablo; Harbring, Christine - 2021
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
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Behavioral economic phenomena in decision-making for others
Ifcher, John; Zarghamee, Homa S. - 2018
aversion, decoy effect, anchoring bias, endowment effect, and identifiable-victim bias. In our experiment, DMfO is DMfO …). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks …
Persistent link: https://www.econbiz.de/10011949189
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Strategic sophistication of individuals and teams in experimental normal-form games
Sutter, Matthias; Czermak, Simon; Feri, Francesco - 2010
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
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Strategic sophistication of adolescents : evidence from experimental normal-form games
Czermak, Simon; Feri, Francesco; Glätzle-Rützler, Daniela - 2010
math grades are more strategic. -- Strategic thinking ; beliefs ; experiment ; age ; adolescents …
Persistent link: https://www.econbiz.de/10003987136
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Conducting interactive experiments online
Arechar, Antonio A.; Gächter, Simon; Molleman, Lucas - 2017
Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online … methodological discussion of the similarities and differences between interactive experiments conducted in the laboratory and online …. To this end, we conduct a repeated public goods experiment with and without punishment using samples from the laboratory …
Persistent link: https://www.econbiz.de/10011607542