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subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games …
Persistent link: https://www.econbiz.de/10010361993
subjective beliefs of players. In a laboratory experiment, we measure subjects' certainty equivalents for three coordination …
Persistent link: https://www.econbiz.de/10013318801
subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games …
Persistent link: https://www.econbiz.de/10014061293
We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment … modifying the timing of the draw, coin flip, and decision, we are able to test the reversal-of-order axiom, particularly as it …
Persistent link: https://www.econbiz.de/10011616236
former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
Persistent link: https://www.econbiz.de/10012112248
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining …
Persistent link: https://www.econbiz.de/10014380287
. -- imperfect recall ; absentmindedness ; dynamic inconsistency ; experiment …
Persistent link: https://www.econbiz.de/10003980493
We conducted a set of experiments to compare the effect of ambiguity in single person decisions and games. Our results suggest that ambiguity has a bigger impact in games than in ball and urn problems. We find that ambiguity has the opposite effect in games of strategic substitutes and...
Persistent link: https://www.econbiz.de/10012968585
This paper experimentally investigates whether risk-averse individuals punish less if the outcome of punishment is uncertain than when it is certain. We compare subjects' behavior in two treatments: Certain Punishment in which the prisoner's dilemma game is followed by a punishment stage...
Persistent link: https://www.econbiz.de/10012707107
We report the results from a set of experiments conducted to test the effect of ambiguity on individual behaviour in … games of strategic complements and strategic substitutes. We test whether subjects' perception of ambiguity differs when …
Persistent link: https://www.econbiz.de/10013031903