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In this thesis I present three essays in which the influence of heuristics on individual decision making is analyzed …’ decision can have on the disposition effect heuristic when they decide on behalf of others. In chapter three, the effect of the …
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We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10011825236
laboratory experiment, we find that more than 75% of subjects play strategies that belong to the predicted equilibrium set …
Persistent link: https://www.econbiz.de/10012011661
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10012042416
This paper experimentally tests the relation between subjects' competitiveness and bargaining behavior. Bargaining is investigated in a demand-ultimatum game, where the responder can request a share of the pie from the proposer. The results show that highly competitive proposers earn less, since...
Persistent link: https://www.econbiz.de/10011801877
laboratory experiment, either the decision maker (giving frame) or the recipient (taking frame) receives an endowment. In both … cases, the decision maker can freely decide the final allocation of the money. In addition to the frame, we vary the level …, participants donate significantly more, when the decision is framed as taking rather than as giving. However, this framing effect …
Persistent link: https://www.econbiz.de/10012592012
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10011892131
experiment with reputation management, we mimic a positive bias by exclusively offering the option to rate positively or to give …
Persistent link: https://www.econbiz.de/10012197945
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