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Effect of Information Feedback on Bidder Behavior in Continuous Combinatorial Auctions
Adomavicius, Gediminas; Curley, Shawn P.; Gupta, Alok; … - In: Management Science 58 (2012) 4, pp. 811-830
Hitt, information systems.</i> …
Persistent link: https://www.econbiz.de/10010990581
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Selfish-biased conditional cooperation: On the decline of contributions in repeated public goods experiments
Neugebauer, Tibor; Perote, Javier; Schmidt, Ulrich; … - EconWPA - 2005
The recent literature suggests that people have social preferences with a self-serving bias. Our data analysis reveals that the stylized fact of declining cooperation in repeated public goods experiments results from this bias and adaptation.
Persistent link: https://www.econbiz.de/10005125603
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Selfish-biased conditional cooperation: On the decline of contributions in repeated public goods experiments
Neugebauer, Tibor; Perote, Javier; Schmidt, Ulrich; … - Institut für Weltwirtschaft (IfW) - 2007
characteristics of our experimental design are a variation of information feedback and an elicitation of individual beliefs about …
Persistent link: https://www.econbiz.de/10005818877
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A comparison of Candle Auctions and Hard Close Auctions with Common Values
Füllbrunn, Sascha - Fakultät für Wirtschaftswissenschaft, … - 2009
With this study, we contribute to the literature of auction design by presenting a new auction format: the Candle auction, a popular auction in the Middle Ages. Considering a common value framework, we theoretically and experimentally point out that the Candle auction, where bidding is allowed...
Persistent link: https://www.econbiz.de/10005004089
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Internet Auctions
Haruvy, Ernan; Popkowski Leszczyc, Peter T. L. - In: Foundations and Trends(R) in Marketing 4 (2010) 1, pp. 1-75
Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a great deal of research has emerged on the topic in recent years. New design and format considerations and a wealth of available data from various platforms provide new questions and promising...
Persistent link: https://www.econbiz.de/10010693754
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Planspiele als experimentelle Methode der Politikfolgenabschätzung: Das Beispiel der Stickstoffextensivierung
Musshoff, Oliver; Hirschauer, Norbert - Gesellschaft für Wirtschafts- und Sozialwissenschaften … - 2012
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
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Social norms, information, and trust among strangers: theory and evidence
Duffy, John; Xie, Huan; Lee, Yong-Ju - In: Economic Theory 52 (2013) 2, pp. 669-708
emerges under the most extreme information restriction (anonymous community-wide enforcement) or whether trust and reciprocity … require additional, individual-specific information about a player’s past history of play and whether that information must be … provided freely or at some cost. In the absence of such reputational information, we find that a social norm of trust and …
Persistent link: https://www.econbiz.de/10010993574
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An Experimental Analysis of Informational Feedback and Commitment
Fatas, Enrique; Godoy, Sara; Salaz, Héctor - Departamento de Teoría e Historia Económica, Facultad … - 2011
analyze two informational conditions, relative to a Baseline (BSL) in which the unique available information is the relevant … statistic (team average and team minimum). In the Full Information (FI) condition, subjects get the ranked vector of … contributions. In the Traceable Full Information (TFI) condition, subjects are able to trace back individual contributions over time …
Persistent link: https://www.econbiz.de/10010903239
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“Show the right thing to do”. The effect of exemplary behavior in public good games
Godoy, Sara - Departamento de Teoría e Historia Económica, Facultad … - 2011
Using a linear public good game we investigate the role of exemplary behavior on cooperation in public goods games. Subjects face the chance of show a good (like the employee of the month) or a bad example (evading taxes) to the rest of their group, knowing in advance that the unique feedback...
Persistent link: https://www.econbiz.de/10010903240
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Noisy commitments: The impact of information accuracy on efficiency
Ert, Eyal; Nicklisch, Andreas - Max-Planck-Institut zur Erforschung von … - 2006
We report an experiment designed to test the influence of noisy commitments on efficiency in a simple bargaining game. We investigate two different levels of commitment reliability in a variant of the peasant-dictator game. Theoretical analysis suggests that the reliability of commitments in...
Persistent link: https://www.econbiz.de/10008633204