Showing 1 - 10 of 24
Persistent link: https://www.econbiz.de/10010354731
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/10012024395
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/10012006270
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general …
Persistent link: https://www.econbiz.de/10010344833
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naïve advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10011350357
We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders influence their leadership style in choice under risk. We find that leaders who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic...
Persistent link: https://www.econbiz.de/10003827331
. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … strategy significantly more often, and their choices are more often consistent by being a best reply to first order beliefs. We … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are …
Persistent link: https://www.econbiz.de/10009312200
subjects whom we have classified as not hindsight biased. -- hindsight bias ; delegation ; experiments …
Persistent link: https://www.econbiz.de/10009693418
making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best … reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we … math grades are more strategic. -- strategic thinking ; beliefs ; experiment ; age ; adolescents …
Persistent link: https://www.econbiz.de/10009736601