Showing 1 - 10 of 1,192
-group and out-group agents with the respective beliefs held by dictators and recipients in these groups. We observe both in …
Persistent link: https://www.econbiz.de/10010529474
the prevalence of their own values and preferences when forming beliefs about others' values and preferences, depends on … the salience of own preferences. We manipulate salience by varying the order of elicitation of preferences and beliefs …
Persistent link: https://www.econbiz.de/10014233633
A simple expression is derived for the optimal strategy in the minimum effort game. This maps from player beliefs to an …
Persistent link: https://www.econbiz.de/10011891195
I develop a game theoretic model where players use two different reasoning processes in strategic situations: cooperative and competitive. Players always consider cooperating at first: if they believe others will cooperate with enough probability, they will do so; otherwise they behave...
Persistent link: https://www.econbiz.de/10012924120
This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making - and for the corresponding causes and consequences. The analysis is based on move-by-move data from chess tournaments and an identification strategy that compares behavior of...
Persistent link: https://www.econbiz.de/10012237567
We have used the standard trust game on a random sample of university students (N=764) and a random sample of rural residents (N=834) in Malawi. The study identifies social preference types (Bauer, Chytilov'a, & Pertold-Gebicka, 2014; Fehr, Gl¨atzle-R¨utzler, & Sutter, 2013) and how these relate...
Persistent link: https://www.econbiz.de/10014427519
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in … which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the … strategies of the players. The experimental subjects often start with diffuse uniform beliefs and update them in view of …
Persistent link: https://www.econbiz.de/10009535526
players realize that their own actions modify their opponent's beliefs and actions, they might play certain actions to this … their beliefs in order to take account of the reaction of their opponents to their own action. Second, we examine if players …
Persistent link: https://www.econbiz.de/10005696779
For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … failed to explain their choices between corrupt and non-corrupt behavior. Instead, their beliefs appeared to be a better …
Persistent link: https://www.econbiz.de/10011051389
beliefs and to choose actions. Subjects saw each of 12 games four times in a regular or isomorphic form spread over two days … level-k theory, and show that stability of both beliefs and actions is significantly lower. Finally, we estimate a …
Persistent link: https://www.econbiz.de/10011107567