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Schütte, Miriam; Thoma, Carmen - 2014

trust and enhance cooperation. This paper focuses on reasons why people stick to a given promise and analyzes to what extent … more promises are kept if the action is revealed than if it is not, yet the difference is not significant. However, a … promises are kept, statements of intent tend to be broken. …

Persistent link: https://www.econbiz.de/10010427170

Buy-It-Now prices in eBay Auctions - The Field in the Lab

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2010

Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows sellers to post prices at which buyers can purchase a...

Persistent link: https://www.econbiz.de/10010333716

Courtesy and Idleness: Gender Differences in Team Work and Team Competition

Ivanova-Stenzel, Radosveta; Kübler, Dorothea - 2005

Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that performance depends on the composition of the team. We find that female and male performance differ most in mixed teams with revenue sharing between the team members, as men put in...

Persistent link: https://www.econbiz.de/10010333836

How eBay Sellers set 'Buy-it-now' prices - Bringing The Field Into the Lab

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2006

In this paper we introduce a new type of experiment that combines the advantages of lab and field experiments. The experiment is conducted in the lab but using an unchanged market environment from the real world. Moreover, a subset of the standard subject pool is used, containing those subjects...

Persistent link: https://www.econbiz.de/10010333933

Price formation in a sequential selling mechanism

Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2005

This paper analyzes the trade of an indivisible good within a two-stage mechanism, where a seller first negotiates with one potential buyer about the price of the good. If the negotiation fails to produce a sale, a second 'price sealed' bid auction with an additional buyer is conducted. The...

Persistent link: https://www.econbiz.de/10010333988

Imitation - Theory and Experimental Evidence

Apestgeguia, Jose; Huck, Steffen; Oechssler, Jörg - 2005

We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different behavioral rules....

Persistent link: https://www.econbiz.de/10010333735

Rage Against the Machines: How Subjects Learn to Play Against Computers

Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; … - 2005

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...

Persistent link: https://www.econbiz.de/10010333843

Measuring Strategic Uncertainty in Coordination Games

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - 2004

Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: This paper explores predictability of behavior in coordination games with multiple equilibria. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games and one lottery. Attitudes...

Persistent link: https://www.econbiz.de/10010333857

Professional norms and physician behavior: homo oeconomicus or homo hippocraticus?

Kesternich, Iris; Schumacher, Heiner; Winter, Joachim - 2014

Physicians' treatment decisions determine the level of health care spending to a large extent. The analysis of physician agency describes how doctors trade off their own and their patients' benefits, with a third party (such as the collective of insured individuals or the taxpayers) bearing the...

Persistent link: https://www.econbiz.de/10010334046

Do individuals recognize cascade behavior of others? An Experimental Study

Grebe, Tim; Schmid, Julia; Stiehler, Andreas - 2006

In an information cascade experiment participants are confronted with artificial predecessors predicting in line with the BHW model (Bikchandani et al., 1992). Using the BDM (Becker et al., 1964) mechanism we study participants' probability perceptions based on maximum prices for participating...

Persistent link: https://www.econbiz.de/10010333887

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