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The ultimatum game has improved our understanding about the bargaining power associated with a threat, an issue where information and communication are central. This paper presents a selective review of the literature on economic experiments in the ultimatum game, organizing the major...
Persistent link: https://www.econbiz.de/10011220500
El artículo presenta una revisión de los experimentos realizados sobre bienes públicos apoyados en el mecanismo de contribución voluntaria. La evidencia empírica existente muestra que los individuos no son solo los seres egoístas y competitivos que supone la teoría económica ortodoxa,...
Persistent link: https://www.econbiz.de/10011152900
A relevance, distinctiveness and plausibility (RDP) analysis is a conceptual framework that can be used to identify when potential confounds are a problem for interpreting experimental results. We illustrate this analysis using the creation or enhancement of natural group identity by the means...
Persistent link: https://www.econbiz.de/10010570840
The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot pinpoint the individual element(s) inside the theoretical...
Persistent link: https://www.econbiz.de/10004980864
The increasing use of physiological recordings in experimental economics requires a precise timing of interesting events, such as the presentation of a set of choices, the decision-making moment and the reception of feedback through the display of a decision outcome. In this note we provide a...
Persistent link: https://www.econbiz.de/10010773005
A kísérletezés története meglehetősen eltérő a közgazdaságtanban, illetve a menedzsmenttudományokban. Míg a közgazdászok többsége egészen a legutóbbi időkig bizalmatlansággal - ha nem gyanakvással - tekintett a kísérletekre, a menedzsmenttudományok művelői változatos...
Persistent link: https://www.econbiz.de/10010963219
What impact do social preferences have in market-type settings where individuals can sort in response to relative prices? We show that sorting behavior can distinguish between individuals who like to share and those who share but prefer to avoid the sharing environment altogether. In four...
Persistent link: https://www.econbiz.de/10005084631
The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot pinpoint the individual element(s) inside the theoretical...
Persistent link: https://www.econbiz.de/10005652170
This paper shows one type of asymmetric information problems, their theoretical implications, the design of contracts that mitigate them, as well as some experimental evidence. Furthermore, by extrapolating the results, the paper tries to illustrate certain macroeconomic implications obtained...
Persistent link: https://www.econbiz.de/10005817010
Economic experiments interact with economic theories in various ways. First of all they are used to test economic theories. However, they can neither confirm nor falsify them in a strict sense. They rather inform us about the range of applicability, the robustness and the predictive power of a...
Persistent link: https://www.econbiz.de/10005785905