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in reported standard errors and confidence intervals. We provide a framework for studying heterogeneity in the social … incorporating the uncertainty due to heterogeneity would approximately double sample standard errors and confidence intervals. We …
Persistent link: https://www.econbiz.de/10014445891
present results from a laboratory experiment in which two parties can appropriate resources via a contest or, alternatively …, take an outside option. Keeping monetary gains expected from fighting constant across all treatments, the experiment … compares conflict choices of players in two-against-two, one-against-one, and two-against-one settings. Overall, we find …
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, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
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math grades are more strategic. -- strategic thinking ; beliefs ; experiment ; age ; adolescents …
Persistent link: https://www.econbiz.de/10009736601
only 40% for individuals. -- strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …
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where teams make decisions. -- deception ; expectations ; team decision making ; individual decision making ; experiment …Informational asymmetries abound in economic decision making and often provide an incentive for deception through … telling a lie or misrepresenting information. In this paper I use a cheap-talk sender-receiver experiment to show that telling …
Persistent link: https://www.econbiz.de/10009731801
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-eyes principle, a common practice in the finance industry, we investigate decision-making both individually and in pairs. We find …
Persistent link: https://www.econbiz.de/10014507161