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Learning in networks : an experimental study using stationary concepts

Berninghaus, Siegfried; Neumann, Thomas; Vogt, Bodo - 2011

Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...

Persistent link: https://www.econbiz.de/10009315048

Assessing mental models via recording the decision deliberations of pairs

Berninghaus, Siegfried; Güth, Werner; Klempt, Charlotte; … - 2013

. -- behavioral principles ; outside option games ; videotaped experiments …

Persistent link: https://www.econbiz.de/10009723594

Backward induction or forward reasoning? : an experiment of stochastic alternating offer bargaining

Berninghaus, Siegfried; Güth, Werner; Schosser, Stephan - 2012

Bounded rationality questions backward induction, which however, does not exclude such reasoning when anticipation is easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite deadline. What is uncertain (except for the final...

Persistent link: https://www.econbiz.de/10009569647

Approximate truth of perfectness : an experimental test

Berninghaus, Siegfried; Güth, Werner; King, Li King - 2012

"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/10009569649

A simple questionnaire can change everything : are strategy choices in coordination games stable?

Berninghaus, Siegfried; Todorova, Lora R.; Vogt, Bodo - 2011

framework, this result can be explained by a change in either risk preferences or beliefs. We find that self reporting risk … preferences induces an increase in subjects' risk aversion while keeping their beliefs unchanged. Our findings raise some … ; beliefs ; best response correspondence …

Persistent link: https://www.econbiz.de/10009380401

Risk attitude, beliefs, and information in a corruption game : an experimental analysis

Berninghaus, Siegfried; Haller, Sven; Krüger, Tyll; … - 2012

For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … failed to explain their choices between corrupt and non-corrupt behavior. Instead, beliefs appeared to be a better predictor … reduces corruption. -- Corruption ; game theory ; experiment ; risk attitude ; beliefs …

Persistent link: https://www.econbiz.de/10009567098