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On the behavior of proposers in ultimatum games

Brenner, Thomas; Vriend, Nicolaas J. - 2003

We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the behavior of the proposers, we show...

Persistent link: https://www.econbiz.de/10010284129

Advice and behavior in intergenerational: Ultimatum games: An experimental approach

Schotter, Andrew; Sopher, Barry - 2000

In the real world, when people play games, they often receive advice from those that have played it before them. Such advice can facilitate the creation of a convention of behavior. This paper studies the impact of advice on the behavior subjects who engage in a non-overlapping generational...

Persistent link: https://www.econbiz.de/10010334253

Social learning and coordination conventions in inter-generational games: An experimental study

Schotter, Andrew; Sopher, Barry - 2001

This is a paper on the creation and evolution of conventions of behavior in 'inter-generational games'. In these games a sequence of non-overlapping 'generations' of players play a stage game for a finite number of periods and are then replaced by other agents who continue the game in their role...

Persistent link: https://www.econbiz.de/10010334260

Cooperation under the shadow of the future: Experimental evidence from infinitely repeated games

Dal Bó, Pedro - 2002

While there is an extensive literature on the theory of in finitely repeated games, empirical evidence on how “the shadow of the future” affects behavior is scarce and inconclusive. We simulate in finitely repeated prisoner’s dilemma games in the lab by having a random continuation rule....

Persistent link: https://www.econbiz.de/10010318999

On the role of non-equilibrium focal points as coordination devices

Bosch-Domènech, Antoni; Vriend, Nicolaas J. - 2008

Considering a pure coordination game with a large number of equivalent equilibria, we argue, first, that a focal point that is itself not a Nash equilibrium and is Pareto dominated by all Nash equilibria, may attract the players' choices. Second, we argue that such a non-equilibrium focal point...

Persistent link: https://www.econbiz.de/10010284116

The power of reasoning: Experimental evidence

Dugar, Subhasish; Bhattacharya, Haimanti - 2008

This paper presents an experimental investigation of how a systematic variation in the cognitive demands on subjects affects the optimal play. The innovation of this paper is the choice of a game, which we call the Game of Position. This is a two-player zerosum game characterized by a...

Persistent link: https://www.econbiz.de/10010288060

Reference points in renegotiations: The role of contracts and competition

Bartling, Björn; Schmidt, Klaus M. - 2012

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this … effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to … strategically equivalent bargaining situations in which no ex ante contract was written. The ex ante contract causes sellers to ask …

Persistent link: https://www.econbiz.de/10010316921

Market experience is a reference point in judgments of fairness

Herz, Holger; Taubinsky, Dmitry - 2013

-applicable model of path-dependent fairness preferences, in which past experiences shape preferences, and we experimentally test the …

Persistent link: https://www.econbiz.de/10010333105

A comparison of the average prekernel and the prekernel

Serrano, Roberto; Shimomura, Ken-ichi - 2001

payoffs of a game where each player faces the possibility of bargaining at random against any other player. In the kooperative …

Persistent link: https://www.econbiz.de/10010318958

Uncovered bargaining solutions

Lombardi, Michele; Mariotti, Marco - 2007

An uncovered bargaining solution is a bargaining solution for which there exists a complete and strict relation … (tournament) such that, for each feasible set, the bargaining solution set coincides with the uncovered set of the tournament. We … provide a characterization of a class of uncovered bargaining solutions. …

Persistent link: https://www.econbiz.de/10010284134

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