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Bei der Abschätzung der Folgen verhaltenssteuernder politischer Maßnahmen mit Hilfe von Rational- Choice-Modellen, die von der Verhaltensannahme eines vollständig informierten und ausschließlich gewinnmaximierenden homo oeconomicus ausgehen, besteht die Gefahr, dass Art und Geschwindigkeit...
Persistent link: https://www.econbiz.de/10011070492
elicited beliefs are compared to an objective benchmark, we consider a pure subjective belief framework (confidence in own … two stages in the beliefs : beliefs for decision making and confidence beliefs. Our results give support to this model. …
Persistent link: https://www.econbiz.de/10008727364
We study a 2-player Blotto game where the n items have asymmetric values. The winner of each item is determined stochastically using a lottery mechanism. We analyze two payoff objectives: (i) players maximize their total expected payoffs and (ii) players maximize their probability of winning a...
Persistent link: https://www.econbiz.de/10010878526
This paper investigates the conventional wisdom that markets should allocate the rights for performing decisional tasks to those players who might be best suited to perform the task. I embed the decisional tasks in a stylised setting of a game, motivated by Littlewood (1953) Red Hat Puzzle,...
Persistent link: https://www.econbiz.de/10010883473
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player’s strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10011210866
We argue that trust can be incentivised by measures which increase the ability of trusters to protect themselves against risk. We work within the framework originally established by Berg, Dickhaut and McCabe (1995) in which trust is measured experimentally as the ability to generate reciprocity...
Persistent link: https://www.econbiz.de/10005244977
This paper revisits and extends the experiment on the solidarity game by Selten and Ockenfels (1998). We replicate the basic design of the solidarity game and extend it in order to t test the robustness of the ‘fixed total sacrifice’ effect and the applied strategy method. Our results only...
Persistent link: https://www.econbiz.de/10005252206
Incentives to innovate is a central element of innovation theory. In the private-investment model, innovators privately fund innovation and then use intellectual property protection mechanisms to appropriate returns from these investments. In the collective-action model, public subsidy funds...
Persistent link: https://www.econbiz.de/10005200582
Complexity of communication is one of the important factors that distinguishes multilateral negotiation from its bilateral cousin. We investigate how the communication configuration affects a three-person coalition negotiation. Restricting who can communicate with whom strongly influences...
Persistent link: https://www.econbiz.de/10009214571
Firms collaborate to develop and deliver new products. These collaborations vary in terms of the similarity of the competencies that partnering firms bring to the alliance. In same-function alliances, partnering firms have similar competencies, whereas in cross-function alliances, partners have...
Persistent link: https://www.econbiz.de/10009218296