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This paper revisits and extends the experiment on the solidarity game by Selten and Ockenfels (1998). We replicate the basic design of the solidarity game and extend it in order to t test the robustness of the ‘fixed total sacrifice’ effect and the applied strategy method. Our results only...
Persistent link: https://www.econbiz.de/10005252206
We discuss several issues of organizing economic laboratory experiments like subject pool, recruitment, scheduling and show how we solved them with the help of the Online Recruitment System for Economic Experiments (ORSEE). This paper may serve as a manual for the system. A test system has been...
Persistent link: https://www.econbiz.de/10005082674
This article examines the nature of human behavior in a nested socialdilemma referred to as the Spillover Game. Players are divided into twogroups with positive production interdependencies. Based on theoreticallyderived opportunistic, local, and global optima, our experimental...
Persistent link: https://www.econbiz.de/10009022157
By using a choice experiment, this paper focuses on citizens’ preferences for effort-sharingrules of how carbon abatement should be shared among countries. We find that Swedes do notrank the rule favoring their own country highest. Instead, they prefer the rule where allcountries are allowed...
Persistent link: https://www.econbiz.de/10009022158
Although one may hope to achieve equality of stated profits withoutenforcing it, one may not trust in such voluntary equality seeking andrather try to impose rules (of bidding) guaranteeing it.[...]
Persistent link: https://www.econbiz.de/10009022159
Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of money in a risky asset when face with two different methods of control which have identical payoff structure and probability distribution, but provide different sense of control....
Persistent link: https://www.econbiz.de/10009022161
How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences?[...]
Persistent link: https://www.econbiz.de/10009022162
In this paper, we study a voluntary contribution mechanism withone-way communication. The relevance of one person’s words is assessedby assigning exogeniously the role of the ‘communicator’ to onegroup member. Contrary to the view that the mutual exchange ofpromises is necessary for the...
Persistent link: https://www.econbiz.de/10009022164