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Dictator Game. Previous research has mainly focused on two-player games; the workings of social motives in multiplayer Dictator … Games are less well understood. A core feature of multiplayer games is that players can consider inequalities between others …. Thus, to adequately capture social motives in multiplayer games, models should account for the complexities of the …
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Anchoring is one of the most studied and robust behavioral biases, but there is little knowledge about its persistence in strategic settings. This article studies the role of anchoring bias in private-value auctions. We test experimentally two different anchor types. The announcement of a random...
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