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Friends or strangers? : strategic uncertainty and cooperation across experimental games of strategic complements and substitutes
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2017
It is commonly assumed that friendship should decrease strategic uncertainty in games involving tacit coordination. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and substitutes. We present an experimental study having...
Persistent link: https://www.econbiz.de/10011660682
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Friends or strangers? : strategic uncertainty and coordination across experimental games of strategic complements and substitutes
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2018
It is commonly assumed that friendship should generally benefit agents' ability to tacitly coordinate with others. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and substitutes. We present an experimental study in which...
Persistent link: https://www.econbiz.de/10011817934
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Heterogeneity in Rent-Seeking Contests with Multiple Stages: Theory and Experimental Evidence
Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - Institut für Finanzwissenschaft, Fakultät für … - 2013
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010839600
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Minimax play by teams
Okano, Yoshitaka - In: Games and Economic Behavior 77 (2013) 1, pp. 168-180
We analyze the behavior of two-person teams and individuals who repeatedly play the game with a unique mixed strategy equilibrium in the laboratory. When teams play OʼNeillʼs 4×4 game against another team, the choice frequencies are consistent with equilibrium of the game at the...
Persistent link: https://www.econbiz.de/10011049773
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In Search of Stars: Network Formation among Heterogeneous Agents
Ule, Aljaž; Goeree, Jacob K.; Riedl, Arno - 2007
-regarding preferences are used to analyze individual linking behavior. Our results suggest that heterogeneity is a major determinant for the …
Persistent link: https://www.econbiz.de/10010312556
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Heterogeneity in rent-seeking contests with multiple stages: Theory and experimental evidence
Hoertnagl, Tanja; Kerschbamer, Rudolf; Oexl, Regine; … - 2023
We investigate how heterogeneity in contestants' investment costs affects competition expenditures in a dynamic … lower when competitors are heterogeneous than when they are homogeneous. Cost heterogeneity influences expenditures directly … contestants with low investment costs: they incorporate the heterogeneity and the differences in continuation values when …
Persistent link: https://www.econbiz.de/10014374575
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In Search of Stars: Network Formation among Heterogeneous Agents
Ule, Aljaž; Goeree, Jacob K.; Riedl, Arno - Fondazione ENI Enrico Mattei (FEEM) - 2007
-regarding preferences are used to analyze individual linking behavior. Our results suggest that heterogeneity is a major determinant for the …
Persistent link: https://www.econbiz.de/10005423187
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Heterogeneity in rent-seeking contests with multiple stages: Theory and experimental evidence
Hörtnagl, Tanja; Kerschbamer, Rudolf; Stracke, Rudi; … - 2013
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …
Persistent link: https://www.econbiz.de/10010397145
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Efficiency and voluntary redistribution under inequality
Aoyagi, Masaki; Nishimura, Naoko; Okano, Yoshitaka - 2017
This paper presents an experimental analysis of 2x2 coordination games in which player 1 earns a substantially higher payoff than player 2 except in the inefficient equilibrium where they earn the same payoffs. The main focus is on the comparison of two treatments with and without the ex post...
Persistent link: https://www.econbiz.de/10011617904
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Exclusion in the all-pay auction : an experimental investigation
Fehr, Dietmar; Schmid, Julia - 2017 - Revised version of the WZB Discussion Paper SP II 2014-206
Contest designers or managers who want to maximize the overall revenue of a contest (relative performance scheme) are frequently concerned with a trade-off between contest homogeneity and inclusion of contestants with high valuations. In our experimental study, we find that it is not profitable...
Persistent link: https://www.econbiz.de/10011638535