Similar Search Results

Searching for a better deal : on the influence of group decision making, time pressure and gender in a search experiment

Ibanez, Marcela; Czermak, Simon; Sutter, Matthias - 2008 - This version: 31 March 2008

We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers can accept the highest standing bid or ask for another bid at positive costs. We find that sellers stop searching earlier than theoretically optimal. Inducing a mild form of time...

Persistent link: https://www.econbiz.de/10009731791

Bubbles and information : an experiment

Sutter, Matthias; Huber, Jürgen; Kirchler, Michael - 2008 - This version: 13 September 2008

We study whether information about imminent future dividends can abate bubbles in experimental asset markets. Using the seminal design of Smith et al. (1988) we find that markets where traders are asymmetrically informed about future dividends have smaller, and shorter, bubbles than markets with...

Persistent link: https://www.econbiz.de/10009733231

The formation of risk preferences through small-scale events

Angerer, Silvia; Dutcher, E. Glenn; Glätzle-Rützler, … - 2021

line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a …

Persistent link: https://www.econbiz.de/10012607969

Bargaining or searching for a better price? : an experimental study

Feri, Francesco; Gantner, Anita - 2010

This experimental study investigates two bargaining games with twosided incomplete information between a seller and a buyer. In the first game with no outside options many subjects do not use the incomplete information to their advantage as predicted. We find that a model with adjusting priors...

Persistent link: https://www.econbiz.de/10009737082

Confusion and reinforcement learning in experimental public goods games

Bayer, Ralph-C.; Renner, Elke; Sausgruber, Rupert - 2009

. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games … explained by reinforcement learning. According to our estimates, learning only accounts for 41 percent of the decay in …, differ strongly from the learning dynamics, while a learning model estimated from the limited information treatment tracks …

Persistent link: https://www.econbiz.de/10009735336

Dishonest or professional behavior? : can we tell? ; a comment on: Cohn et al. 2014, Nature 516, 86-89, "Business culture and dishonesty in the banking industry"

Stöckl, Thomas - 2015

By means of a coin tossing experiment Cohn et al. (2014, Nature 516, 86-89, doi:10.1038tinature13977) study business culture in the banking industry and report that employees of a large, international bank behave honestly in a control condition while a significant proportion of them becomes...

Persistent link: https://www.econbiz.de/10011380669

Donations, risk attitudes and time preferences : a study on altruism in primary school children

Angerer, Silvia; Glätzle-Rützler, Daniela; … - 2015

We present experimental evidence from a bilingual city in Northern Italy on whether the language spoken by a partner in a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six- to eleven-year old primary school children in the city...

Persistent link: https://www.econbiz.de/10010529903

Revealed distributional preferences : individuals vs. teams

Balafoutas, Loukas; Kerschbamer, Rudolf; Kocher, Martin; … - 2013 - This version: 24 June 2013

We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is...

Persistent link: https://www.econbiz.de/10009764814

Decision time and steps of reasoning in a competitive market entry game

Lindner, Florian - 2013 - This version: 22 July 2013

Entry decisions in market entry games usually depend on the belief about how many others are entering the market, the belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these basic results and examine two further dimensions: (i)...

Persistent link: https://www.econbiz.de/10009774194

Resource scarcity, spite and cooperation

Prediger, Sebastian; Vollan, Björn; Herrmann, Benedikt - 2013

Using an experimental approach, this paper examines how scarcity of natural resources affects people's readiness to cooperate and to engage in antisocial behaviour. The experiments were carried out with pastoralists from southern Namibia whose livelihoods are highly dependent on grazing...

Persistent link: https://www.econbiz.de/10009744188

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