Showing 1 - 10 of 18,472
favor and against this assumption and test in our own experiment, whether and which personality factors are useful in …
Persistent link: https://www.econbiz.de/10011256055
being a test of validity of the method, our experiment helps answer the question of how useful social preferences could be …
Persistent link: https://www.econbiz.de/10010540127
If contract enforcers must be randomly selected from the same population and thus are as opportunistic as ordinary traders could a system of adjudication nevertheless increase the degree to which contractual obligations on large anonymous markets are fulfilled? Adopting an indirect evolutionary...
Persistent link: https://www.econbiz.de/10011091713
This paper considers general games in which multiple informed principals simultaneously compete to influence the decisions of a common agent. It shows that we can characterize all outcomes of any game in which principals delegate the final decisions to the agent using arbitrary mechanisms, by...
Persistent link: https://www.econbiz.de/10011263583
Hunt game, a signal for efficient play is not self-enforcing and concludes that an "agreement to play [the efficient … signal and then an action, there is impressive coordination: a 94% probability for the potentially efficient (but risky) play …, given a signal for efficient play. Without communication, efforts to achieve efficiency were unsuccessful, as the proportion …
Persistent link: https://www.econbiz.de/10005772240
The literature on social norms stresses that compliance with norms is approved while deviance is disapproved. Based on this, we explore the content of social norms using experimental data from five dictator games with a feedback stage. Our data suggests that subjects either care about a...
Persistent link: https://www.econbiz.de/10008501690
Is free-riding in teams reduced when one member receives a signal on his colleagueís performance? And how does free …-riding depend on the signal's type? We address these questions in experimental teams in which two agents sequentially exert effort …
Persistent link: https://www.econbiz.de/10008528717
experimental setting. To do so, we implement a modified sender-receiver game in which a sender obtains a private signal regarding …
Persistent link: https://www.econbiz.de/10008862367
The Aumann (1990) conjecture states that cheap-talk messages do not necessarily help to coordinate on efficient Nash equilibria. In an experimental test of Aumann’s conjecture, Charness (2000) found that cheap-talk messages facilitate coordination when they precede the action, but not when...
Persistent link: https://www.econbiz.de/10009386360
The main objective of this paper is to present a reading of The Arcades Project by Walter Benjamin in the context of the financial crisis, in particular, reflect from a few fragments of Benjamin's work appear to lie around a Black Swan. The recovery of the fragments of The Arcades seems...
Persistent link: https://www.econbiz.de/10008622248