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Ultimatum game behavior in a social-preferences vacuum chamber
Benndorf, Volker; Grosse Brinkhaus, Thomas; Siemens, … - 2021
trembling-hand perfect equilibrium under selfish preferences even towards the end of our experiment. The likely reasons for our …
Persistent link: https://www.econbiz.de/10012612955
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Beliefs, learning, and personality in the indefinitely repeated prisoner's dilemma
Gill, David; Rosokha, Yaroslav - 2022
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013345861
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Improving human deception detection using algorithmic feedback
Serra-Garcia, Marta; Genîzî, Ûrî - 2023 - This version: August 2023
Can algorithms help people predict behavior in high-stakes prisoner’s dilemmas? Participants watching the pre-play communication of contestants in the TV show Golden Balls display a limited ability to predict contestants’ behavior, while algorithms do significantly better. We provide...
Persistent link: https://www.econbiz.de/10014304521
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Learning to Deal With Repeated Shocks Under Strategic Complementarity : An Experiment
Bulutay, Muhammed - 2020
Experimental evidence shows that the rational expectations hypothesis fails to characterize the path to equilibrium after an exogenous shock when actions are strategic complements. Under identical shocks, however, repetition allows adaptive learning, so that inertia in adjustment should fade...
Persistent link: https://www.econbiz.de/10012842597
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Learning to Deal With Repeated Shocks Under Strategic Complementarity : An Experiment
Bulutay, Muhammed - 2020
Experimental evidence shows that the rational expectations hypothesis fails to characterize the path to equilibrium after an exogenous shock when actions are strategic complements. Under identical shocks, however, repetition allows adaptive learning, so that inertia in adjustment should fade...
Persistent link: https://www.econbiz.de/10012842925
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Beliefs, Learning, and Personality in the Indefinitely Repeated Prisoner's Dilemma
Gill, David - 2020
The indefinitely repeated prisoner's dilemma (IRPD) captures the trade-off between the short-term payoff from exploiting economic partners and the long-term gain from building successful relationships. We aim to understand more about how people form and use beliefs about others in the IRPD. To...
Persistent link: https://www.econbiz.de/10012828257
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Beliefs, Learning, and Personality in the Indefinitely Repeated Prisoner's Dilemma
Gill, David; Rosokha, Yaroslav - 2022
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner’s dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10014078209
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Overconfidence and prejudice
Heidhues, Paul; Kőszegi, Botond; Strack, Philipp - 2024
We develop a model in which an overconfident agent learns about groups in society from observations of his and others' successes. In our model, both the agent's information and his beliefs are multi-dimensional, allowing us to study interactions between different views. Overall, society always...
Persistent link: https://www.econbiz.de/10014578270
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Voluntary industry standards : an experimental investigation of a Greek gift
Schmid, Julia - 2015
by negative reciprocal behavior. This paper experimentally investigates whether negative reciprocity can also be observed …
Persistent link: https://www.econbiz.de/10011332809
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Multi-Media Learning and Experimental Economics Instructions
Candreva, Christopher - 2020
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 …-Media Learning literature, which aims to find ways to maximize subject understanding from instruction. After the pre-experiment …
Persistent link: https://www.econbiz.de/10012849403