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Brenner and Vriend (2006) argued (experimentally and theoretically) that one should not expect proposers in ultimatum games to learn to converge to the subgame perfect Nash equilibrium offer, as finding the optimal offer is a hard learning problem for (boundedly-rational) proposers. In this...
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as cumulative prospect theory. Based on a laboratory experiment with real monetary incentives, we show that incidental …
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Risk ; Large Losses ; Natural Experiment …
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We conducted a framed field experiment to explore a situation where individuals have potentially competing social …
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The fraction of women in economics has grown significantly over the last forty years. In spite of this, the differences in research output between men and women are large and persistent. These output differences are related to differences in the co-authorship networks of men and women: women...
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The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are subject to public pressure on the matter. In an...
Persistent link: https://www.econbiz.de/10011457585
The results of an experiment extending Ellsberg's setup demonstrate that attitudes towards ambiguity and compound …
Persistent link: https://www.econbiz.de/10011457763