Similar Search Results

On the Behavior of Proposers in Ultimatum Games

Brenner, Thomas; Vriend, Nicolaas J. - 2003

We demonstrate that one should not expect convergence of the proposals to the subgame perfect Nash equilibrium offer in standard ultimatum games. First, imposing strict experimental control of the behavior of the receiving players and focusing on the behavior of the proposers, we show...

Persistent link: https://www.econbiz.de/10014075019

The minority game unpacked : coordination and competition in a team-based experiment

Devetag, Giovanna; Pancotto, Francesca; Brenner, Thomas - 2011

In minority games, players in a group must decide at each round which of two available options to choose, knowing that only subjects who picked the minority option obtain a positive reward. Previous experiments on the minority and similar congestion games have shown that players interacting...

Persistent link: https://www.econbiz.de/10011734522

Does information Matter? : Some experimental evidence from a common-pool resource game

Apesteguia, Jose - 2001

Persistent link: https://www.econbiz.de/10001618741

Does information matter? : some experimental evidence from a common-pool resource game

Apesteguia, Jose - 2001

This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players … in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups … played the same game but with no information about the payoff function. It will be shown that the patterns of investment …

Persistent link: https://www.econbiz.de/10011538855

Learning in experimental 2 x 2 games

Chmura, Thorsten; Goerg, Sebastian J.; Selten, Reinhard - 2008

In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action-sampling learning, and payof-sampling learning. With this models and together with the models of self-tuning EWA learning and reinforcement learning, we conduct simulations over 12...

Persistent link: https://www.econbiz.de/10003850391

Rage against the machines

Dürsch, Peter; Kolb, Albert; Oechssler, Joerg; … - 2005

play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …

Persistent link: https://www.econbiz.de/10003379095

The minority of three-game: an experimental and theoretical analysis

Chmura, Thorsten; Güth, Werner; Pitz, Thomas; … - 2010

We report experimental and theoretical results on the minority of three-game where three players have to choose one of two alternatives independently and the most rewarding alternative is the one chosen by a single player. This coordination game has many asymmetric equilibria in pure strategies...

Persistent link: https://www.econbiz.de/10008689027

Learning in experimental 2 x 2 games

Chmura, Thorsten; Goerg, Sebastian J.; Selten, Reinhard - 2011

their results are compared with the results from experimental data. We test whether the models are capable of replicating …

Persistent link: https://www.econbiz.de/10009314550

An explanation of (first round) contributions in public-good experiments

Weimann, Joachim; Brosig-Koch, Jeannette; Heinrich, Timo; … - 2014

The dynamics of behavior observed in standard public-good experiments can be explained by imperfect conditional cooperation combined with social learning (Fischbacher and Gächter, 2010). But it is unclear what determines first-round contributions. We argue that first-round contributions depend...

Persistent link: https://www.econbiz.de/10010424887

Belief formation in a signalling game without common prior : an experiment

Possajennikov, Alexandre - 2012

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...

Persistent link: https://www.econbiz.de/10009535526

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