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When culture does not matter : experimental evidence from coalition formation ultimatum games in Austria and Japan
Okada, Akira; Riedl, Arno - 1999 - This version: March, 1999
This paper reports the results of a cross-country comparison between Austria andJapan for an experimental 3-personcoalition formation ultimatum game. The experimental design allows thecomparison with respect to three decisions. (i)The coalition decision, (ii) proposers' demand behavior in 2- and...
Persistent link: https://www.econbiz.de/10011301151
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Still in search of the sunk cost bias
Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020
psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost …
Persistent link: https://www.econbiz.de/10012299784
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Efficient coordination in weakest-link games
Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011
' to become high performers. -- efficient coordination ; weakest-link ; minimum effort ; neighborhood choice ; experiment …
Persistent link: https://www.econbiz.de/10009523469
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Efficient coordination in weakest-link games
Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011
" to become high performers. -- efficient coordination ; weakest-link ; minimum effort ; neighborhood choice ; experiment …
Persistent link: https://www.econbiz.de/10009412373
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Emotions and economic shocks in a first-price auction
Bosman, Ronald; Riedl, Arno - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial … impact on the experienced emotions of bidders; (ii) the emotional statesystematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10011333886
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Emotions and Economic Shocks in a First-Price Auction
Bosman, Ronald; Riedl, Arno - Tinbergen Instituut - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial … impact on the experienced emotions of bidders; (ii) the emotional statesystematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10011255774
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Emotions and Economic Shocks in a First-Price Auction
Bosman, Ronald; Riedl, Arno - Tinbergen Institute - 2003
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10005137109
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Emotions and Economic Shocks in a First-Price Auction : An Experimental Study
Riedl, Arno; Bosman, Ronald - 2003
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior …
Persistent link: https://www.econbiz.de/10014030294
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Efficient coordination in weakest-link games
Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people will be able to coordinate on efficient outcomes, provided they have sufficient...
Persistent link: https://www.econbiz.de/10010280645
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Efficient coordination in weakest-link games
Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10010282539