Showing 41 - 50 of 447
Persistent link: https://www.econbiz.de/10010191082
complements, and participants have either complete or incomplete information about the structure of a random network. Since … wide variety of settings. The degree of equilibrium play is striking, in particular with incomplete information. Behavior … coordinate on a demanding, but efficient, equilibrium that is typically implemented with complete information. …
Persistent link: https://www.econbiz.de/10010344833
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … others ́statements of confidence about how well they have scored on an IQ test. In two-player tournaments where the highest …
Persistent link: https://www.econbiz.de/10010223063
. We vary the information workers receive, finding that social comparisons concerning both wages and decision rights affect …
Persistent link: https://www.econbiz.de/10010226059
Charness et al. (2007b) have shown that group membership has a strong effect on individual decisions in strategic games when group membership is salient through payoff commonality. In this comment I show that their findings also apply to non-strategic decisions, even when no outgroup exists, and...
Persistent link: https://www.econbiz.de/10003768048
There is economic pressure towards the postponement of the retirement age, but employers are still reluctant to employ older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the employees of two large firms and in a conventional...
Persistent link: https://www.econbiz.de/10014197893
In experiments with two-person sequential games we analyze whether responses to favorable and unfavorable actions depend on the elicitation procedure. In our 'hot' treatment the second player responds to the first player's observed action while in our 'cold' treatment we follow the 'strategy...
Persistent link: https://www.econbiz.de/10014208299
We conduct laboratory experiments to investigate the effects of deterrence mechanisms under controlled conditions. The effect of the expected cost of punishment of an individual's decision to engage in a proscribed activity and the effect of uncertainty on an individual's decision to commit a...
Persistent link: https://www.econbiz.de/10014209375
Economists have developed various methods to elicit risk preferences, which can help forecast decision-making in risky scenarios. However, risk elicitation can be complex, and there remain unresolved challenges. Our research demonstrates that repeated exposure to risk elicitation tasks, such as...
Persistent link: https://www.econbiz.de/10014350808
The effectiveness of social interaction depends strongly on an ability to coordinate actions efficiently. In large networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network structure. We examine how pre-play communication and...
Persistent link: https://www.econbiz.de/10012870539