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This paper studies imitation in price and quantity markets. We analyse the results of two experiments designed with different information settings. The analysis shows that information is used differently and has diverse effects according to the market under investigation.
Persistent link: https://www.econbiz.de/10005766546
The intention to “invest” in the Trust Game in extensive form revealed by a move could conceal different motivations. Whether the motive hidden beneath the manifest behaviour of the first mover is the desire to invest in a relationship of mutual advantage with the trustee or the desire to be...
Persistent link: https://www.econbiz.de/10005766550
There is little consensus on whether women are more generous than men, since some research results indicate a higher propensity to giving of female dictators, whilst some others indicate the opposite. Two explanations have been put forward. According to the first one, women are more generous...
Persistent link: https://www.econbiz.de/10011170408