Showing 1 - 10 of 2,530
for this observation. By conducting a non-computer-based laboratory experiment, we created an environment, in which … that resulting contracts between the investors and entrepreneurs in the experiment on average imposed most of the financial …
Persistent link: https://www.econbiz.de/10010986138
We present a three-player game in which a proposer makes a suggestion on how to split $10 with a passive responder. The oer is accepted or rejected depending on the strategy prole of a neutral third-party whose payos are independent from his decisions. If the oer is accepted the split takes...
Persistent link: https://www.econbiz.de/10010937254
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10010541288
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10009358621
selfless, group-beneficial acts. This paper presents the results of an experiment designed to quantify the extent to which …
Persistent link: https://www.econbiz.de/10005196521
Aspiration-based evolutionary dynamics have recently been used to model the evolution of fair play in the ultimatum game showing that incredible threats to reject low offers persist in equilibrium. We focus on two extensions of this analysis: we experimentally test whether assumptions about...
Persistent link: https://www.econbiz.de/10005709882
Aspiration-based evolutionary dynamics have recently been used to model the evolution of fair play in the ultimatum game showing that incredible threats to reject low offers persist in equilibrium. We focus on two extensions of this analysis: we experimentally test whether assumptions about...
Persistent link: https://www.econbiz.de/10005636242
In three-party ultimatum games, the proposer can first decide whether to exclude one responder, which increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining...
Persistent link: https://www.econbiz.de/10011051321
cornerstone of contract theory. We have conducted an experiment with 720 participants to explore whether the theoretical insights …
Persistent link: https://www.econbiz.de/10011110481
subjectively colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …
Persistent link: https://www.econbiz.de/10011116852