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Logit estimation of conditional cooperationin a repeated public goods experiment
González Morales, Luis G.; González-Farías, Graciela; … - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005
theoretically and empiricallywhether (and to what extent) conditional cooperation can explainhow individual contributions evolve in … including non-pecuniary preferences we elicit participants' beliefs.Our econometric results show that the distribution of …
Persistent link: https://www.econbiz.de/10005866947
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Equity versus Efficiency?– Evidence from Three-Person Generosity Experiments –
Güth, Werner; Pull, Kerstin; Stadler, Manfred; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....
Persistent link: https://www.econbiz.de/10005870886
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Strategies in Social Network Formation
Conte, Anna; Di Cagno, Daniela; Sciubba, Emanuela - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
We run a computerised experiment of network formation where allconnections are bene…cial and only direct links are …
Persistent link: https://www.econbiz.de/10009022169
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Aging and decision making: How aging affects decisions under uncertainty
Sproten, Alec; Diener, Carsten; Fiebach, Christian; … - Alfred-Weber-Institut für Sozial- und …; … - 2010
In an aging society, it becomes more and more important to understand how aging affects decision making. Older adults have to face many situations that require consequential financial decisions. In the present study, we examined the effects of aging on decisions in two domains of uncertainty:...
Persistent link: https://www.econbiz.de/10009248989
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Mandatory Sick Pay Provision: A Labor Market Experiment
Bauernschuster, Stefan; Dürsch, Peter; Oechssler, Jörg; … - Universität <Jena> / Wirtschaftswissenschaftliche Fakultät; … - 2009
results of an experiment which inquires to the extendand the severity of the adverse selection when sick-pay is voluntary …
Persistent link: https://www.econbiz.de/10009248999
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Searching beyond the lamppost: Let’s focus on economically relevant questions
Oechssler, Jörg - Alfred-Weber-Institut für Sozial- und … - 2009
It is difficult to disagree with Vernon Smith's (2010) assessment of thestate of the art in experimental economics. It is informed by the experienceof someone who was there, right at the beginning of experimental economics.Some of the problems he discusses, like the frequent failure of backward...
Persistent link: https://www.econbiz.de/10009249017
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Are the Treasures of Game Theory Ambiguous?
Eichberger, Jürgen; Kelsey, David - Alfred-Weber-Institut für Sozial- und …; … - 2008
behaviour in experiments. For other payoff parameters, however,actual behaviour deviates consistently from that predicted by …
Persistent link: https://www.econbiz.de/10009262201
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Coordination after gains andlosses: Is prospect theory’s valuefunction predictive for games?
Schade, Christian; Schröder, Andreas; Krause, Kai Oliver - Universität <Berlin, Humboldt-Universität> / … - 2010
rivalry in our incentivized experiments. Females alsochose to play far more mixed strategies than males indicating some …Wir präsent ieren eine Verhaltensvariante der Spieltheorie, die auf der Wertfunktion der Prospekttheorie …
Persistent link: https://www.econbiz.de/10009302578
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Will investors adapt their investment behavior whenfaced with a change in information feedback and investmentflexibility?
Zeisberger, Stefan; Langer, Thomas; Weber, Martin - Institut für Schweizerisches Bankwesen <Zürich> - 2011
practice seems largely undisputed. In particular, it isassumed that investors adapt their behavior if feedback frequency and … this gap we conduct the first experiment on MLA in which thedegree of myopia is manipulated to change over time. Our … analysis reveals that the influenceof changes in feedback frequency and investment flexibility are not asstraightforward as …
Persistent link: https://www.econbiz.de/10009354101
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Risk Taking in Winner-Take-AllCompetition
Kräkel, Matthias; Nieken, Petra; Przemeck, Judith - Universität <Bonn> / Wirtschaftswissenschaftlicher … - 2008
game is solved theoreticallyand then tested by using laboratory experiments. We find threeeffects that determine risk …
Persistent link: https://www.econbiz.de/10009354148