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Dynamic decision structure and risk taking

Eichberger, Jürgen; Güth, Werner; Müller, Wieland - 1999

This paper investigates the behaviour in repeated decision situations. The experimental study shows that subjects show low or no risk-aversion, but put very high value on the opportunity to sell the lottery in every stage of the decision problem. There is evidence that risk attitudes depend on...

Persistent link: https://www.econbiz.de/10009582412

Verstehen, Verständigen, Vertrag : Ökonomik als Geistes-, Natur- und Staatswissenschaft

Güth, Werner; Kliemt, Hartmut; Wangenheim, Georg von - 2006

Persistent link: https://www.econbiz.de/10003376012

Sorting via screening versus signaling : a theoretic and experimental comparison

Güth, Werner; Winter, Fabian - 2013

Similar to Kübler et al. (2008, GEB 64, p. 219-236), we compare sorting in games with asymmetric incomplete information … capture the structural difference of screening and signaling only via their payoff specification. The experiment thus relies … equilibrium play due to sorting under signaling, compared to screening, is predicted and confirmed experimentally. -- off …

Persistent link: https://www.econbiz.de/10009736798

When does the game end? : Public goods experiments with non-definite and non-commonly known time horizons

Garrido González, Luis; Güth, Werner; Levati, M. Vittoria - In: Economics letters 88 (2005) 2, pp. 221-226

Persistent link: https://www.econbiz.de/10002941844

Deadline effects in sequential bargaining : an experimental study

Güth, Werner; Levati, M. Vittoria; Maciejovsky, Boris - In: International game theory review 7 (2005) 2, pp. 117-135

Persistent link: https://www.econbiz.de/10002980312

Preemption in capacity and price determination : a study of endogenous timing of decisions for homogeneous markets

Güth, Sandra; Güth, Werner - 2000

Endogenous timing can help to derive the time structure of decision making instead of assuming it as exogenously given. In our study we consider a homogeneous market where, like in the model of Kreps and Scheinkman (1983), sellers determine "sales capacities" before prices. Sellers must serve...