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We introduce the class of multi-sided B ohm-Bawerk assignment games, which generalizes the well-kown two-sided B ohm-Bawerk assignment games to situations with an arbitrary number of sectors. We reach the extreme core allocations of any multi-sided B ohm- Bawerk assignment game by means of an...
Persistent link: https://www.econbiz.de/10008515122
I prove that, in assignment markets with more than two sides, agents of different sides (or sectors) need not be complements, whereas agents of the same side need not be substitutes. Shapley (1962) showed that this cannot happen when assignment markets are bilateral. Nevertheless, I found...
Persistent link: https://www.econbiz.de/10004998476
Previous research has suggested that communication and especially promises in-crease cooperation in laboratory … the overall level of cooperation in our experiments with double-blind payoff procedures. However, we also find no evidence … that communication impacts cooperation in our experiments with single-blind payoff proce-dures. Further, the payoff …
Persistent link: https://www.econbiz.de/10010907406
While the public good experiment has been used to analyze cooperation among various groups in Western Europe and North … altruistic punishment, to antisocial punishment, and ultimately to enhanced cooperation in Turkish society. …
Persistent link: https://www.econbiz.de/10011807205
experiments is consistent with existing theory. The design of the experiments focuses on the axioms of revealed altruism theory …
Persistent link: https://www.econbiz.de/10010907397
This paper tests Psychological Forward Induction in the Lost Wallet Game, in an attempt to explain an empirical puzzle observed by Dufwenberg & Gneezy (2000) that the size of the outside option forgone by the first mover does not affect the behavior of the second mover. This is puzzling as...
Persistent link: https://www.econbiz.de/10011274838
This paper reports on an experiment studying the effectiveness of two types of mechanisms for promoting trust: pecuniary and non-pecuniary as well as their mutual interaction. Our data provide evidence that both mechanisms significantly enhance trust in comparison to the standard investment...
Persistent link: https://www.econbiz.de/10005111041
This paper explores how information about paired subject's previous action affects one's own behavior in a dictator game. The first experiment puts dictators in two environments where they can either give money to the paired player or take money away from them: one where the recipient is a...
Persistent link: https://www.econbiz.de/10005111045
This paper reports an experiment evaluating the effect of gift giving on building trust in a relationship. We have nested our explorations in the standard version of the investment game. Our gift treatment includes a dictator stage in which the trustee decides whether to give a gift to the...
Persistent link: https://www.econbiz.de/10005056480
This paper experimentally investigates whether risk-averse individuals punish less if the outcome of punishment is uncertain than when it is certain. Our design includes three treatments: Baseline in which the one-shot prisoner’s dilemma game is played; Certain Punishment in which the...
Persistent link: https://www.econbiz.de/10005056481