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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
This paper presents an experiment that evaluates the effect of financial incentives and complexity in political science …. Furthermore, to postulate the effect of financial incentives on subjects' choice, we used the Quantal Response Equilibrium (QRE … payoff. Hence, the choice probability is a function of the magnitude of the financial incentives. Our results show that low …
Persistent link: https://www.econbiz.de/10010242048
We study three triggers of conflict and explore their resultant emotional reactions in a laboratory experiment …. Economists suggest that the primary trigger of conflict is monetary incentives. Social psychologists suggest that conflicts are …
Persistent link: https://www.econbiz.de/10011708841
This experiment examines the relationship between payment systems and the quality and quantity of services provided in …
Persistent link: https://www.econbiz.de/10014426260
We conduct an artefactual field experiment to compare the individual preferences and propensity to cooperate of three …
Persistent link: https://www.econbiz.de/10011316662
In two-person generosity games, the proposer’s agreement payoff is exogenously given, whereas that of the responder is endogenously determined by the proposer’s choice of the pie size. In three-person generosity games, equal agreement payoffs for two of the players are either exogenously...
Persistent link: https://www.econbiz.de/10009751380
outcomes of either the individual herself or her reference group. The experiment described in this paper suggests that, in …
Persistent link: https://www.econbiz.de/10009751388
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10009752417
The literature on social norms has often stressed that social disapproval is crucial to foster compliance with norms and promote fair and cooperative behavior. With this in mind, we explore the disapproval of allocation decisions using experimental data from five dictator games with a feedback...
Persistent link: https://www.econbiz.de/10009752852
We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed...
Persistent link: https://www.econbiz.de/10010240829