Narrow search
Showing 1 - 10 of 76
Cover Image
Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2019 - Revised version
Differences in cognitive sophistication and effort are at the root of behavioral heterogeneity in economics. To explain this heterogeneity, behavioral models assume that certain choices indicate higher cognitive effort. A fundamental problem with this approach is that observing a choice does not...
Persistent link: https://www.econbiz.de/10012006965
Cover Image
Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2018 - This version: July 2018
, and deliberation times. In an experimental test, the predicted relations are readily observed in the data, but only when …
Persistent link: https://www.econbiz.de/10011880533
Cover Image
Reference points in renegotiations : the role of contracts and competition
Bartling, Björn; Schmidt, Klaus M. - 2012
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to … strategically equivalent bargaining situations in which no ex ante contract was written. The ex ante contract causes sellers to ask …
Persistent link: https://www.econbiz.de/10009743168
Cover Image
Unique equilibrium in contests with incomplete information
Ewerhart, Christian; Quartieri, Federico - 2013
unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their … results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …
Persistent link: https://www.econbiz.de/10010208517
Cover Image
An externality-robust auction : theory and experimental evidence
Bartling, Björn; Netzer, Nick - 2014 - This version: April 2014
(ERA) is a first-price auction in which truthful bidding is encouraged by bonus payments. We test the robustness property …
Persistent link: https://www.econbiz.de/10010360336
Cover Image
Does the absence of human sellers bias bidding behavior in auction experiments?
Bartling, Björn; Gesche, Tobias; Netzer, Nick - 2016
spite extends to the seller. We experimentally test the model predictions by exogenously varying the presence of human …
Persistent link: https://www.econbiz.de/10011456510
Cover Image
An externality-robust auction : theory and experimental evidence
Bartling, Björn; Netzer, Nick - 2016 - Revised version
Behavioral robustness is essential in mechanism design. Existing papers focus on robustness as captured by dominant strategies. This paper studies the novel concept of externality-robustness, which addresses players' motives to affect other players' monetary payoffs. One example is externalities...
Persistent link: https://www.econbiz.de/10011471404
Cover Image
An externality-robust auction : theory and experimental evidence
Bartling, Björn; Netzer, Nick - 2015 - Revised version, November 2015
Behavioral robustness is essential in mechanism design. Existing papers focus on robustness as captured by dominant strategies. This paper studies the novel concept of externality-robustness, which addresses players' motives to affect other players' monetary payoffs. One example is externalities...
Persistent link: https://www.econbiz.de/10011389576
Cover Image
Big experimenter is watching you! : anonymity and prosocial behavior in the laboratory
Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - 2011
Social preference research has received considerable attention in recent years. Researchers have demonstrated that the presence of people with other-regarding preferences can have important implications in many economic dimensions. However, it is important to be aware of the fact that the...
Persistent link: https://www.econbiz.de/10009739140
Cover Image
Signaling moral values through consumption
Schneider, Florian - 2020
Firms often discourage certain categories of individuals from buying their products, in contrast with typical assumptions about profit maximization. This paper provides a potential rationale for such firm behavior: consumers seek to signal that they have "good" moral values to themselves and...
Persistent link: https://www.econbiz.de/10012308496