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Prescriptive norms and social comparisons

Michaeli, Moti; Spiro, Daniel - In: Games 9 (2018) 4/97, pp. 1-12

This paper analyzes the equilibrium strength of prescriptive norms to contribute to public goods. We consider three methods of establishing what an acceptable contribution to the public good is. Under the first method, the contribution of the bottom contributor is the reference point by which...

Persistent link: https://www.econbiz.de/10012014923

Fairness preferences in a bilateral trade experiment

Ciccone, Alice; Rogeberg, Ole; Braaten, Ragnhild Haugli - In: Games 11 (2020) 1/8, pp. 1-17

Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...

Persistent link: https://www.econbiz.de/10012168600

Contribution-based grouping under noise

Nax, Heinrich H.; Murphy, Ryan O.; Duca, Stefano; … - In: Games 8 (2017) 4, pp. 1-23

Many real-world mechanisms are “noisy” or “fuzzy”, that is the institutions in place to implement them operate with non-negligible degrees of imprecision and error. This observation raises the more general question of whether mechanisms that work in theory are also robust to more...

Persistent link: https://www.econbiz.de/10011771262

Is voting for a cartel a sign of cooperativeness?

Gillet, Joris - In: Games 12 (2021) 2, pp. 1-10

This paper tests the hypothesis that a (partial) reason why cartels - collective but costly and non-binding price agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are willing to form price agreements are more likely to be less...

Persistent link: https://www.econbiz.de/10012547790

An experiment on cooperation in a CPR game with a disapproval option

Yao, Koffi Serge William - In: Games 12 (2021) 4, pp. 1-14

This paper studies the standard version of the approval mechanism with two players in a common pool resource (CPR) extraction game. In the case of disapproval, the Nash extraction level is implemented. The paper investigates, experimentally, the extent to which the Nash threat leads to...

Persistent link: https://www.econbiz.de/10012650460

Incentive magnitude effects in experimental games : bigger is not necessarily better

Pulford, Briony D.; Colman, Andrew M.; Loomes, Graham - In: Games 9 (2018) 1/4, pp. 1-10

In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …

Persistent link: https://www.econbiz.de/10011848336

Do output-dependent prizes alleviate the sabotage problem in tournaments?

Glökler, Thomas; Pull, Kerstin; Stadler, Manfred - In: Games 13 (2022) 5, pp. 1-20

We investigate whether tournament prizes that depend on joint output ("variable prize tournaments") can alleviate the sabotage problem which is otherwise inherent in tournament struc- tures. In a game-theoretical model with three contestants, we compare fixed-prize tournaments with tournaments...

Persistent link: https://www.econbiz.de/10014418051

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

Two independent, but related, choice prediction competitions are organized that focus on behavior in simple two-person extensive form games (http://sites.google.com/site/extformpredcomp/): one focuses on predicting the choices of the first mover and the other on predicting the choices of the...

Persistent link: https://www.econbiz.de/10009752422

Do economists punish less?

Kaiser, Jonas Pilgaard; Pedersen, Kasper Selmar; Koch, … - In: Games 9 (2018) 4/75, pp. 1-17

A number of studies discuss whether and how economists differ from other disciplines in the amount that they contribute …

Persistent link: https://www.econbiz.de/10011905088

A study of the triggers of conflict and emotional reactions

Caldara, Michael; McBride, Michael; McCarter, Matthew W.; … - In: Games 8 (2017) 2, pp. 1-12

. Economists suggest that the primary trigger of conflict is monetary incentives. Social psychologists suggest that conflicts are …

Persistent link: https://www.econbiz.de/10011708841