Showing 1 - 10 of 187
We examine how communication affects cooperation with the help of seven standard public goods experiments that only differ with respect to the medium of pre-play communication. Our treatments include bi-directional and unidirectional communication via (mostly electronic) auditory and/or visual...
Persistent link: https://www.econbiz.de/10005824114
In experimental bargaining with incomplete information, we vary the information distribution (symmetric and asymmetric), the direction of electronic pre-play communication (no, one-way, and two-way), and the electronic communication medium (email and video) Bargaining out-comes are influenced by...
Persistent link: https://www.econbiz.de/10005765095
We examine how communication affects cooperation with the help of seven standard public goods experiments that only differ with respect to the medium of pre-play communication. Our treatments include bidirectional and unidirectional communication via (mostly electronic) auditory and/or visual...
Persistent link: https://www.econbiz.de/10005164866
This paper puts three of the most prominent specifications of ‘other-regarding’ preferences to the experimental test, namely the theories developed by Charness and Rabin, by Fehr and Schmidt, and by Andreoni and Miller. In a series of experiments based on various dictator and prisoner’s...
Persistent link: https://www.econbiz.de/10005789547
In this paper, the strategy method's impact on behavior in sequential bargaining games is investigated. Besides the decision procedure (hot versus cold), we varied the second mover punishment costs (high versus low). Significant impacts of both treatment variables were observed. For example,...
Persistent link: https://www.econbiz.de/10005711732
This paper provides a critical re-examination of Rubinstein's survey (Rubinstein; Economic Journal 2006), in which he questions the way economics is taught. The observations obtained in our new survey cast some doubts on the original findings, and, in particular, question Rubinstein's conjecture...
Persistent link: https://www.econbiz.de/10008557216
Persistent link: https://www.econbiz.de/10005324047
Using data from laboratory experiments, we find that East Germans show consistently less solidarity than West Germans; there has been no convergence in the 20years after the reunification. While it has recently been estimated that political values converge 20 to 40years after the reunification...
Persistent link: https://www.econbiz.de/10011056171
Collusive agreements are often observed in procurement auctions. They are probably more easily achieved when competitors’ costs are easily estimated. If, however, the individual costs of bidders are private information, effective ring formation is difficult to realize. We compare...
Persistent link: https://www.econbiz.de/10005765106
We investigate a three-person coalition game in which one bargainer, the builder, can propose and build a coalition over two stages. In equilibrium, coalition building ends with an efficient grand coalition, while the equilibrium path is contingent on the values of the two-person coalitions and...
Persistent link: https://www.econbiz.de/10005765387