Showing 1 - 10 of 22
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
We consider auctions with price externality where all bidders derive utility from the winning price, such as charity auctions. In addition to the benefit to the winning bidder, all bidders obtain a benefit that is increasing in the winning price. Theory makes two predictions in such settings:...
Persistent link: https://www.econbiz.de/10011316603
We report experimental results on the minority of three-game, where three players choose one of two alternatives and the most rewarding alternative is the one chosen by a single player. This coordination game has many asymmetric equilibria in pure strategies that are non-strict and...
Persistent link: https://www.econbiz.de/10009752419
explained by avoiding cognitive dissonance as in Konow (2000). Our experiment’s choice data is in line with this approach. In …
Persistent link: https://www.econbiz.de/10009752432
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
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
and experiment in which workers’ quality becomes known only in the late part of the market. However, in equilibrium …
Persistent link: https://www.econbiz.de/10009785461
I provide a broad overview of the findings reported in the articles submitted for this special volume on experimental studies of social dilemma problems. I start by providing a synopsis of where current research stands on this topic. Then I go on to discuss the specific papers and how those...
Persistent link: https://www.econbiz.de/10011453100
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and …
Persistent link: https://www.econbiz.de/10011453215
We investigate the role of framing, inequity in initial endowments and history in shaping behavior in a corrupt transaction by extending the one-shot bribery game introduced by Cameron et al. (2009) to a repeated game setting. We find that the use of loaded language significantly reduces the...
Persistent link: https://www.econbiz.de/10011515620