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This paper addresses the role of personality characteristics in decisions on the timing of an action, such as in the context of security and safety choices. Examples of such decisions include when to check log files for intruders and when to monitor financial accounts for fraud or errors. Two...
Persistent link: https://www.econbiz.de/10012167748
In recent years, several high-profile incidents have spurred research into games of timing. A framework emanating from the FlipIt model features two covert agents competing to control a single contested resource. In its basic form, the resource exists forever while generating value at a constant...
Persistent link: https://www.econbiz.de/10014443306
We analyze the impact of overconfidence on the timing of entry in markets, profits, and welfare using an extension of the quantity commitment game. Players have private information about costs, one player is overconfident, and the other one rational. We find that for slight levels of...
Persistent link: https://www.econbiz.de/10012432306
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual's: (1) opportunity to commit to their partner; (2) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011453248
starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …
Persistent link: https://www.econbiz.de/10012014878
We conducted a dynamic common pool resource experiment and found large differences among groups in the total benefits …
Persistent link: https://www.econbiz.de/10012014967
conduct an economic experiment using this model to investigate possible behavioral factors that may explain deviations from … they know that a large proportion of their opponents play myopic strategies from the outset. Over time, however, agents …
Persistent link: https://www.econbiz.de/10012062323
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
Anticipated verbal feedback in a dictator game has been shown to induce altruistic behavior. However, in the ultimatum game which, apart from generosity, entails a strategic component since a proposer may (rightly) fear that the responder will reject a low offer, it remains an open question...
Persistent link: https://www.econbiz.de/10011709209
Decreasing social sensitivity (i.e., the ability of a person to perceive, understand, and respect the feelings and viewpoints of others), has been shown to facilitate selfish behavior. This is not only true for exogenous changes in social sensitivity, but also for social sensitivity influenced...
Persistent link: https://www.econbiz.de/10011849249