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Economic harmony : a rational theory of fairness and cooperation in strategic interactions
Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21
-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
Persistent link: https://www.econbiz.de/10013252726
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Dynamic pricing decisions and seller-buyer interactions under capacity constraints
Mak, Vincent; Rapoport, Amnon; Gisches, Eyran J. - In: Games 9 (2018) 1/10, pp. 1-23
Focusing on sellers’ pricing decisions and the ensuing seller-buyer interactions, we report an experiment on dynamic … deviations from equilibrium benchmarks on both sides of the market. Specifically, in our experiment the sellers are boundedly …
Persistent link: https://www.econbiz.de/10011849205
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A choice prediction competition for a social preferences in simple extensive form games : an introduction
Ert, Eyal; Erev, Ido; Roth, Alvin E. - In: Games 2 (2011) 3, pp. 257-276
competition experiment. The two experiments use the same methods and subject pool, and examine games randomly selected from the … and the other on predicting the choices of the second mover. The competitions are based on an estimation experiment and a … same distribution. The current introductory paper presents the results of the estimation experiment, and clarifies the …
Persistent link: https://www.econbiz.de/10009752422
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Responder feelings in a three-player three-option ultimatum game : affective determinants of rejection behavior
Pfister, Hans-Rüdiger; Böhn, Gisela - In: Games 3 (2012) 1, pp. 1-29
emotional mechanisms have been proposed as a possible explanation. In particular, feelings of fairness, anger and envy are … distinguishing rejections due to a retaliation motive driven by anger towards the proposer from rejections due to inequity aversion … driven by feelings of envy towards a third party. Results from two experiments suggest that responders experience feelings of …
Persistent link: https://www.econbiz.de/10009752872
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Tacit collusion under fairness and reciprocity
İriş, Doruk; Santos-Pinto, Luís - In: Games 4 (2013) 1, pp. 50-65
This paper departs from the standard profit-maximizing model of firm behavior by assuming that firms are motivated in part by personal animosity–or respect–towards their competitors. A reciprocal firm responds to unkind behavior of rivals with unkind actions (negative reciprocity), while at...
Persistent link: https://www.econbiz.de/10009753710
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Intentions versus outcomes : cooperation and fairness in a sequential prisoner's dilemma with nature
Ridinger, Garret - In: Games 12 (2021) 3, pp. 1-30
intended actions from the resulting outcomes. Equilibrium predictions from theoretical models of fairness are tested …
Persistent link: https://www.econbiz.de/10012591536
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Doing good or doing harm : experimental evidence on giving and taking in public good games
Khadjavi, Menusch; Lange, Andreas - In: Experimental economics : a journal of the Economic … 18 (2015) 3, pp. 432-441
Persistent link: https://www.econbiz.de/10011377633
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Stable sampling equilibrium in common pool resource games
Cárdenas Campo, Juan Camilo; Mantilla, César; Sethi, Rajiv - In: Games 6 (2015) 3, pp. 299-317
This paper reconsiders evidence from experimental common pool resource games from the perspective of a model of payoff sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single-peaked frequency distributions, the persistent use of...
Persistent link: https://www.econbiz.de/10011316535
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Coordination and cooperation problems in network good production
Knigge, Antonie; Buskens, Vincent Willem - In: Games 1 (2010) 3, pp. 357-380
collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding …
Persistent link: https://www.econbiz.de/10009752455
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Unraveling public good games
Brañas-Garza, Pablo; Espinos, Maria Paz - In: Games 2 (2011) 4, pp. 434-457
This paper provides experimental evidence on how players predict end-game effects in a linear public good game. Our regression analysis yields a measure of the relative importance of priors and signals on subjects’ beliefs on contributions and allows us to conclude that, first, the weight of...
Persistent link: https://www.econbiz.de/10009752899