Showing 1 - 10 of 75
are strategic complements. The results are interpreted in the context of legal contracts and in that of informal mutual …
Persistent link: https://www.econbiz.de/10010266677
are strategic complements. The results are interpreted in the context of legal contracts and in that of informal mutual …
Persistent link: https://www.econbiz.de/10005090601
requires information about all later pie sizes and probabilities, forward reasoning is expected to consider only the immediate … backward induction by control of information retrieval. We find that participants who begin with the shortest games before …
Persistent link: https://www.econbiz.de/10010291818
Approximate truth refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10010291836
We study conditional cooperation based on a sequential two-person linear public good game in which a trusting first contributor can be exploited by a second contributor. After playing this game the first contributor is allowed to punish the second contributor. The consequences of sanctioning...
Persistent link: https://www.econbiz.de/10010291837
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each...
Persistent link: https://www.econbiz.de/10010263839
dummy player) and asymmetric information (only the proposer knows what can be distributed). Treatments differ in their …
Persistent link: https://www.econbiz.de/10010263869
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. We provide an axiomatization of two parametric families of CSF's. In the first, the winning probability of each agent depends on the investments and a vector of...
Persistent link: https://www.econbiz.de/10010265674
We analyse pricing, effort and tipping decisions in the online service Google Answers. While users set a price for the answer to their question ex ante, they can additionally give a tip to the researcher ex post. In line with the related experimental literature we find evidence that tipping is...
Persistent link: https://www.econbiz.de/10010266676
In a two-person ¯nitely repeated public goods experiment, we use intentions data to interpret individual behavior. Based on a random-utility model speci¯cation, we develop a relationship between a player's beliefs about others' behavior and his contributions' plans, and use this relationship...
Persistent link: https://www.econbiz.de/10010275035