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Giving in dictator games: Experimenter demand effect or preference over the rules of the game?

Chlaß, Nadine; Moffatt, Peter G. - 2012

. Here, we put this new interpretation to a stress test and find evidence that dictators mean to compensate the recipient for …

Persistent link: https://www.econbiz.de/10010291834

Bidding in common value fair division games: The winner's curse or even worse?

Becker, Alice; Brünner, Tobias - 2009

A unique indivisible commodity with an unknown common value is owned by group of individuals and should be allocated to one of them while compensating the others monetarily. We study the so-called fair division game (Güth, Ivanova-Stenzel, Königstein, and Strobel (2002, 2005)) theoretically...

Persistent link: https://www.econbiz.de/10010267099

Public projects benefiting some and harming others: Three experimental studies

Güth, Werner; Koukoumelis, Anastasios; Levati, M. Vittoria - 2012

Based on an axiomatically derived provision rule allowing community members to endogenously determine which, if any, public project should be provided, we perform experiments where (i) not all parties benefit from provision, and (ii) the projects' costs can be negative. In the tradition of legal...

Persistent link: https://www.econbiz.de/10010291800

Contests with incumbency advantages: An experiment investigation of the effect of limits on spending behavior and outcome

Otsubo, Hironori - 2012

This paper experimentally investigates the effect of limits on campaign spending and outcome in an electoral contest where two candidates, an incumbent and a challenger, compete for office in terms of the amount of campaign expenditure. The candidates are asymmetric only in that the incumbent...

Persistent link: https://www.econbiz.de/10010291825

Less fighting than expected: experiments with wars of attrition and all-pay auctions

Hoerisch, Hannah; Kirchkamp, Oliver - 2007

We use experiments to compare dynamic and static wars of attrition (i.e. second-price all-pay auctions) and first-price all-pay auctions. Many other studies find overbidding in first-price all-pay auctions. We can replicate this property. In wars of attrition, however, we find systematic...

Persistent link: https://www.econbiz.de/10010263871

Voluntary contributions with risky and uncertain marginal returns: The importance of the minimal value

Levati, Maria Vittoria; Morone, Andrea - 2009

Previous research indicates that risky and uncertain marginal returns from the public good significantly lower contributions. This paper presents experimental results illustrating that the effects of risk and uncertainty depend on the employed parameterization. Speci?cally, if the value of the...

Persistent link: https://www.econbiz.de/10010275042

"One man's meat is another man's poison": An experimental study of voluntarily providing public projects that raise mixed feelings

Güth, Werner; Koukoumelis, Anastasios; Levati, M. Vittoria - 2011

We compare, on the basis of a procedurally fair provision point mechanism, bids for a public project from which some gain and some lose with bids for a less efficient public project from which all gain. In the main treatment, participants independently decide which one, if any, of the public...

Persistent link: https://www.econbiz.de/10010281622

Crossing the point of no return: A public goods experiment

Fischbacher, Urs; Güth, Werner; Levati, M. Vittoria - 2011

Participants in a public goods experiment receive private or common signals regarding the so-called point of no return, meaning that if the group's total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective interests...

Persistent link: https://www.econbiz.de/10010286448

On individual cursedness: How personality shapes individuals' sensitivity to incur a winner's curse

Chlaß, Nadine - 2011

information. Yet, most prominent explanations for the curse have experimentally been ruled out so far. In particular, the curse … of the decision task, nor level-k thinking, nor a disability to infer information from others' actions (Charness and … individuals' handling of information to explain why personality matters here. …

Persistent link: https://www.econbiz.de/10010281650

Unique bid auction games

Rapoport, Amnon; Otsubo, Hironori; Kim, Bora; Stein, … - 2009

Two auction mechanisms are studied in which players compete with one another for an exogenously determined prize by independently submitting integer bids in some discrete and commonly known strategy space specified by the auctioneer. In the unique lowest (highest) bid auction game, the winner of...

Persistent link: https://www.econbiz.de/10010267061