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Identifying the value orientations of subjects participating in market or non-market decisions by having them participate in a ring game may be helpful in understanding the behaviour of these subjects. This experiment presents the results of changes in the centre and the radius of a value...
Persistent link: https://www.econbiz.de/10005711628
Charness and Dufwenberg (Am. Econ. Rev. 101(4):1211–1237, <CitationRef CitationID="CR10">2011</CitationRef>) have recently demonstrated that cheap-talk communication raises efficiency in bilateral contracting situations with adverse selection. We replicate their main finding and extend their design to include competition between agents....</citationref>
Persistent link: https://www.econbiz.de/10010988995
We investigate the effects of heterogeneity and incomplete information on aggregate contributions to a public good using the voluntary contribution mechanism. The non-linear laboratory environment has three-person groups as partners under varying conditions of information and communication....
Persistent link: https://www.econbiz.de/10005711758