Showing 1 - 10 of 249
Human decision making is a process guided by different and partly competing mo-tivations that can each dominate behavior and lead to different effects depending on strength and circumstances. "Over-stylizingʺ neglects such competing concerns and context-dependence, although it facilitates the...
Persistent link: https://www.econbiz.de/10003800045
In the two-person sequential best shot game, first player 1 contributes to a public good and then player 2 is informed about this choice before contributing. The payoff from the public good is the same for both players and depends only on the maximal contribution. Efficient voluntary cooperation...
Persistent link: https://www.econbiz.de/10010252393
Persistent link: https://www.econbiz.de/10003647905
regulated the labor market is. In our experiment long–term employment can result either from offering long–term contracts or from …
Persistent link: https://www.econbiz.de/10003906133
Costly signaling of commitment to a group has been proposed as an explanation for participation in religion and ritual. But if the signal’s cost is too small, freeriders will send the signal and behave selfishly later. Effective signaling may then be prohibitively costly. If the average level...
Persistent link: https://www.econbiz.de/10003857874
For games of simultaneous action selection and network formation, game-theoretic behavior and experimental observations are not in line: While theory typically predicts inefficient outcomes for (anti-)coordination games, experiments show that subjects tend to play efficient (non Nash) strategy...
Persistent link: https://www.econbiz.de/10010252390
This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …
Persistent link: https://www.econbiz.de/10010433915
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …
Persistent link: https://www.econbiz.de/10009784119
We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …
Persistent link: https://www.econbiz.de/10011392605