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We analyze the effects of asymmetric information concerning the size of a pie on proposer behavior in three different … bargaining situations: the ultimatum game, the Yes-No-game and the dictator game. Our data show that (a) irrespective of the … information condition, proposer generosity increases with responder veto power, (b) informed proposers in the ultimatum game try …
Persistent link: https://www.econbiz.de/10005051045
"Approximate truth" refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10010556635
Approximate truth refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10010981676
The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...
Persistent link: https://www.econbiz.de/10005465223
Equivalence classes of normal form games are defined using the geometry of correspondences of standard equilibiurm concepts like correlated, Nash, and robust equilibrium or risk dominance and rationalizability. Resulting equivalence classes are fully characterized and compared across different...
Persistent link: https://www.econbiz.de/10005572643
The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...
Persistent link: https://www.econbiz.de/10005582998
The role of “relational goods” is almost unexplored in the literature, yet our experimental results document that, even in their weakest form (opportunity of meeting an unknown player at the end of an experimental game), they significantly affect important “lubricants” of economic...
Persistent link: https://www.econbiz.de/10005177033
The growing literature on learning in games has produced various results on the predictive success of learning theories. These results, however, were based on various methods of comparison. The present paper uses experimental data on a set of four games in order to check on the robustness of...
Persistent link: https://www.econbiz.de/10005408228
information is costly, which may discourage people from accessing it. We design a public goods experiment in which participants … can pay to view information about identities and contributions of group members. We compare this to a treatment in which … there is no identifiable information, and a treatment in which all contributors are identified. Our main findings are that …
Persistent link: https://www.econbiz.de/10011157025
We experimentally investigate the effect of social identification and information feedback on individual behavior in …. Identifying subjects through photo display decreases wasteful effort. Providing information feedback about others’ effort does not … improved information feedback decreases the heterogeneity of effort. …
Persistent link: https://www.econbiz.de/10011259314