Showing 1 - 10 of 51
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to choose team remuneration in a series of...
Persistent link: https://www.econbiz.de/10009752421
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to choose team remuneration in a series of...
Persistent link: https://www.econbiz.de/10010369350
We experimentally investigated the effects of the possibility of taking in the dictator game and the choices of passive players between the dictator game and the taking game on the distribution decisions of active players. Our main findings support our hypothesis: when the dictator game is not...
Persistent link: https://www.econbiz.de/10014418152
In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011852721
Many companies try to access personal information to discriminate among consumers. We analyse how privacy regulations affect the acquisition and disclosure of information in a simple game of persuasion. Theory predicts that no data will be acquired with Disclosure Duty of collected data whereas...
Persistent link: https://www.econbiz.de/10011852730
We experimentally analyze a lemons market with a labor-market framing. Sellers are referred to as 'workers' and have the possibility to provide 'employers' with costly but credible information about their 'productivity'. Economic theory suggests that in this setup, unraveling takes place and a...
Persistent link: https://www.econbiz.de/10011852739
We test the empirical content of the assumption of preference dependent beliefs using a behavioral model of strategic decision making in which the rankings of individuals over final outcomes in simple games influence their beliefs over the opponent's behavior. This approach- by analogy with...
Persistent link: https://www.econbiz.de/10012227705
We experimentally investigate variants of the investment game by Berg, Dickhaut, and McCabe (1995), in which one of the two players decides who are first mover and second mover. It has been shown by Kleine, Königstein, and Rozsnyói (2014) that voluntary leadership increases both investment and...
Persistent link: https://www.econbiz.de/10012227706
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/10012227801
This paper deals with the effects of different modes of communication in a costless information transmission environment with multiple senders. To this aim, we present a theoretical and experimental study of three Cheap Talk games, each having two senders and one receiver. The communication of...
Persistent link: https://www.econbiz.de/10013200017