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Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array of individual characteristics that are popular in economics: risk attitude, time preference, trust, trustworthiness, altruism, strategic skills in one-shot matrix games,...
Persistent link: https://www.econbiz.de/10010472858
Many Social Interactions display either or both of the following well documented phenomena. People tend to interact with similar others (homophily). And they tend to treat others more favorably if they are perceived to share the same identity (in-group bias). While both phenomena involve some...
Persistent link: https://www.econbiz.de/10009539289
about which subjects have imperfect, heterogeneous, information ("ambiguous tasks"). We show how the smooth ambiguity model …
Persistent link: https://www.econbiz.de/10011812703
During recent decades, many new models have emerged in pure and applied economic theory according between Epstein (2010) and Klibanoff et al. (2012) identified a notable behavioral issue that distinguishes sharply between two classes of models of ambiguity sensitivity that are importantly...
Persistent link: https://www.econbiz.de/10011756091
about which subjects have imperfect, heterogeneous, information (''ambiguous tasks''). We show how the smooth ambiguity …
Persistent link: https://www.econbiz.de/10011756115
We experimentally study the emergence of networks under a known external threat. To be more specific, we deal with the question if subjects in the role of a strategic Designer are able to form safe and efficient networks while facing a strategic Adversary who is going to attack their networks....
Persistent link: https://www.econbiz.de/10011660635
What happens when the tax authority increases enforcement in one tax with compliance in other taxes? The very little evidence available is not conclusive. This paper presents a very simple analytical model that shows the conditions under which spillovers could be positive or negative in the...
Persistent link: https://www.econbiz.de/10011959524
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
Persistent link: https://www.econbiz.de/10011592837
Persistent link: https://www.econbiz.de/10012632073