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Strategic sophistication of individuals and teams in experimental normal-form games
Sutter, Matthias; Czermak, Simon; Feri, Francesco - 2010
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
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Strategic sophistication of individuals and teams in experimental normal-form games
Sutter, Matthias; Czermak, Simon; Feri, Francesco - 2010 - This version: 29 January 2010
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10009736622
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Incentives for cooperation in teams: sociality meets decision rights
Butz, Britta; Guillén, Pablo; Harbring, Christine - 2021
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
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Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games
Sutter, Matthias - 2010
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10013148075
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Unraveling fairness in simple games? : the role of empathy and theory of mind
Artinger, Florian; Exadaktylos, Filippos; Koppel, Hannes; … - 2010
Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
Persistent link: https://www.econbiz.de/10003980496
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Is fairness intuitive? : an experiment accounting for the role of subjective utility differences under time pressure
Merkel, Anna; Lohse, Johannes - 2016
authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments … of the "fairness is intuitive" hypothesis. Drawing on recent applications of the Drift Diffusion Model (Krajbich et al … theoretical considerations and to retest the "fairness is intuitive" hypothesis, we analyze choices in two-person prisoner …
Persistent link: https://www.econbiz.de/10011616655
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Phase Diagram of Prisoner's Dilemma : Empirical Evidence from the Human Subjects Experiments
Xu, Bin - 2018
of prisoner's dilemma experiment. The empirical data includes 21 experiments using a total of 350 human subjects …
Persistent link: https://www.econbiz.de/10012940738
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An Experiment on Democratic Versus Dictatorial Collective Decision Making
Hargreaves Heap, Shaun P. - 2015
We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making …
Persistent link: https://www.econbiz.de/10013019236
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Does response time predict withdrawal decisions? : lessons from a bank-run experiment
Kiss, Hubert János; Rodríguez-Lara, Ismael; … - 2018
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank …
Persistent link: https://www.econbiz.de/10012011103
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Using response times to measure strategic complexity and the value of thinking in games
Gill, David; Prowse, Victoria L. - 2017
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565