Showing 1 - 10 of 11
In this paper, we design an investment game which allows us to study the influence of selection when learning from … others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of … selection neglect in this investment context, and (ii) some comparative static predictions of the model. We find strong evidence …
Persistent link: https://www.econbiz.de/10011984926
, they predict the equilibrium outcome in pure strategies to be efficient. We test the theory in a series of experimental … accounts for the deviations and test its predictions out of sample. Our results show that quantal response equilibrium is …
Persistent link: https://www.econbiz.de/10012102285
Jordan. Using a simple sharing experiment, we find only little discrimination. Among the Jordanian children, however, we see …
Persistent link: https://www.econbiz.de/10012236863
We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010500562
daher die Notwendigkeit einer neuen Theorie über die Entstehung von Kooperation nahe. …
Persistent link: https://www.econbiz.de/10010324179
In a laboratory experiment designed to capture key aspects of the interaction between physicians and patients, we study …
Persistent link: https://www.econbiz.de/10011490430
In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...
Persistent link: https://www.econbiz.de/10010310149
We use a laboratory experiment to investigate whether statements from a governmental institution expressing concerns …
Persistent link: https://www.econbiz.de/10015046537
We study an investment experiment conducted with a representative sample of German households. Respondents invest in a …
Persistent link: https://www.econbiz.de/10010420878
We study how subjects in an experiment use different forms of public information about their opponents' past behavior …
Persistent link: https://www.econbiz.de/10011437972