Showing 1 - 10 of 533
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … strategy significantly more often, and their choices are more often consistent by being a best reply to first order beliefs. We …
Persistent link: https://www.econbiz.de/10010269696
making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best … reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we …
Persistent link: https://www.econbiz.de/10010272677
experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. In our … preferences (Fehr-Schmidt, 1999). As we show from a norms-elicitation experiment, it is also consistent with social norms …
Persistent link: https://www.econbiz.de/10010282212
reduced-form estimates into the effects of insurance premium changes and belief updating. Results suggest the new maps induced …
Persistent link: https://www.econbiz.de/10012270231
information about the (higher-order) beliefs of players. The approach can be applied to a class of belief-dependent preferences … common to preferences in this class. We illustrate our approach by analyzing data from a large scale experiment conducted … with a sample of participants randomly drawn from the Dutch population. We find that behavior of players in the experiment …
Persistent link: https://www.econbiz.de/10010280712
Psychological game theory can contribute to renew the analysis of unethical behavior by providing insights on the nature of the moral costs of dishonesty. We investigate the moral costs of embezzlement in situations where donors need intermediaries to transfer their donations to recipients and...
Persistent link: https://www.econbiz.de/10011984516
beliefs are disappointed. It is triggered by the willingness to respond to the co-player's beliefs on his strategy, regardless …
Persistent link: https://www.econbiz.de/10014296704
Research on public goods mainly focuses its attention on the ability of incentives, beliefs and group structure to … difference can be explained by a shift in subjects' beliefs about contributions. We also find a significant impact of priming on …
Persistent link: https://www.econbiz.de/10010269800
update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …
Persistent link: https://www.econbiz.de/10010333263
' willingness to act play a role? We conduct an online experiment within a survey of nearly 2000 Indian men, focusing on activism to … the social problem, correct misaligned beliefs about others' willingness to act, or both. Participants are then cross … the three forms of activism. Providing information and correcting downward biased beliefs about others increases petition …
Persistent link: https://www.econbiz.de/10014377261