Showing 1 - 10 of 1,920
We study how cooperation-enforcing institutions dynamically affect values and behavior using a lab experiment designed to create individual specific histories of past institutional exposure. We show that the effect of past institutions is mostly due to “indirect” behavioral spillovers:...
Persistent link: https://www.econbiz.de/10012950895
play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …
Persistent link: https://www.econbiz.de/10003379095
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
play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …
Persistent link: https://www.econbiz.de/10010366554
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...
Persistent link: https://www.econbiz.de/10011538855
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
play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …
Persistent link: https://www.econbiz.de/10014061547
inexperienced subjects. Field norms also slightly differ between the two groups, but to a lower extent than lab norms. We therefore … experienced participants. We also conduct exploratory analyses on the relation between lab and field norms and find that behaving …
Persistent link: https://www.econbiz.de/10011944119
This paper examines the influence of pre-experiment tasks on subject understanding. It used a 2x2 design varying the type of instructions and whether or not the pre-experiment quiz was incentivized. The Standard instructions were written closely replicate instructions used in prior economics...
Persistent link: https://www.econbiz.de/10012849403
Social interactions pervade daily life and thereby create an abundance of social experiences. Such personal experiences likely shape what we believe and who we are. In this paper, we ask if and how personal experiences from social interactions determine individuals' inclination to trust others?...
Persistent link: https://www.econbiz.de/10011987073