Showing 1 - 10 of 49
The importance of fair and equal treatment of workers is at theheart of the debate in organizational management. In this regard,we study how reward schemes and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10008756213
In this paper, we introduce a generalized version of impulse balance equilibrium. The stationary concept is applied to 3 × 3 games based on the Bailiff and Poacher Game (Selten, 1991) and its predictive success is experimentally tested against the one of Nash equilibrium. Experiments with 26...
Persistent link: https://www.econbiz.de/10010990860
Traditionally, allocations by dictators in Dictator Games (gifts) have been explained by aspects of altruism, reciprocity, and fairness. However, this assumes the gift to be desirable to the dictators and responder. Giving may also be driven by the source of the endowment. We examine this by...
Persistent link: https://www.econbiz.de/10010753978
Persistent link: https://www.econbiz.de/10009998770
This is a reply to "Stationary Concepts for Experimental 2 X 2 Games: Comment" by Brunner, Camerer, and Goeree which corrects some computational errors in Selten and Chmura (2008) and extends the comparison of five stationary concepts to data from previous experimental studies. We critically...
Persistent link: https://www.econbiz.de/10008924592
In statistics, two-sample tests are used to determine whether two sam- ples have been drawn from the same population. An example of such a test is the widely used Kolmogorov–Smirnov two-sample test. There are other distribution- free tests that might be applied in similar occasions. In this...
Persistent link: https://www.econbiz.de/10008566201
In this experimental study, involving subjects from Abu-Dis (West Bank), Chengdu (China), Helsinki (Finland), and Jerusalem (Israel), we test for a presentation bias in a two-person cooperation game. In the positive frame of the game, a transfer creates a positive externality for the opposite...
Persistent link: https://www.econbiz.de/10008869146
In this paper, we introduce two new learning models: action-sampling learning and impulse-matching learning. These two models, together with the models of self-tuning EWA and reinforcement learning, are applied to 12 different 2×2 games and their results are compared with the results from...
Persistent link: https://www.econbiz.de/10011049672
Persistent link: https://www.econbiz.de/10008280335
We study experimentally two-stage self-financing raffles, a novel class of charity fund-raising mechanisms in which participants can buy tickets in two stages. The proceeds of the first stage are used as the seed money for the second stage. The mechanisms differ by what happens to the tickets...
Persistent link: https://www.econbiz.de/10010700010