Showing 1 - 9 of 9
-receiver game ; reciprocity ; experiments ; voluntary payment …
Persistent link: https://www.econbiz.de/10009515366
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
Based on the "acquiring-a-company" game of Samuelson and Bazerman (1985), we theoretically and experimentally analyze the acquisition of a firm. Thereby we compare cases of symmetrically and asymmetrically informed buyers and sellers. This setting allows us to predict and test the effects of...
Persistent link: https://www.econbiz.de/10010253149
-regarding behavior ; self-image ; experiments ; cognitive dissonance ; social norms ; normative beliefs ; expectations …
Persistent link: https://www.econbiz.de/10009129721
This paper examines the occurrence and fragility of information cascades in laboratory experiments. One group of low … private information. In line with existing experiments on information cascades, we find some evidence that low informed …
Persistent link: https://www.econbiz.de/10003803102
; Mixed strategy ; Learning models ; Experiments …
Persistent link: https://www.econbiz.de/10008689027
We consider three-person envy games with a proposer, a responder, and a dummy player. In this class of games, the proposer, rather than allocating a constant pie, chooses the pie size which the responder can then accept or reject while the dummy player can only refuse his own share. While the...
Persistent link: https://www.econbiz.de/10009544389
experimental literature we …nd evidence that tippingis motivated by reciprocity, but also by reputation concerns among …
Persistent link: https://www.econbiz.de/10005866396
This paper examines the occurrence and fragility of information cascades in laboratory experiments.One group of low … information.In line with existing experiments on information cascades, we find some evidence that lowinformed subjects follow the …
Persistent link: https://www.econbiz.de/10005866431