We aim to understand fundamental preferences over fairness and cooperation embedded in artificial intelligence (AI). We do this by having a large language model (LLM), GPT-3.5, play two classic games: the dictator game and the prisoner's dilemma. We compare the decisions of the LLM to those of...

We report the findings of experiments designed to study how people learn in network games. Network games offer new opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their information requirements. Our experimental...

This paper uses an experimental design of voluntary information acquisition to assess the information assumptions of different learning models. The design is implemented in two-stage asymmetric-information games. Subjects' information-seeking behavior reveals that they tend to choose certain...

The strategic commitment moves that game theory predicts players make may sometimes seem counter-intuitive. We therefore conducted an experiment to see if people make the predicted strategic move. The experiment uses a simple bargaining situation. A player can make a strategic move of committing...

We test, via cross-cultural comparison, the robustness of complex tacit coordination in an endogenous-grouping mechanism originally introduced and experimentally tested by Gunnthorsdottir, Vragov, Seifert and McCabe, 2010. The authors call their mechanism "Group-based Meritocracy...

The text focuses on the implementation of experiental learning techniques in a seminar in experimental economics. The seminar aims at deepening students' understanding of particular topics in behavioral economics as well as introducing the experimental approach as a research method. We argue...

We design a novel experiment to study how subjects update their beliefs about the beliefs of others. Three players receive sequential signals about an unknown state of the world. Player 1 reports her beliefs about the state; Player 2 simultaneously reports her beliefs about the beliefs of Player...

Organizational learning-by-doing has long been used to explain firm behavior and economic growth where the underlying models and analysis are built upon observations from the manufacturing sector. Though that sector is still relevant, firms are increasingly reliant upon creative processes, yet...

Whether trade can achieve societal change is a contested topic and difficult to investigate. This round-up aims at summarizing recent empirical research on this topic while focusing on democracy and democratization as an important part of societal change. No robust results for change arising...

One disputed topic in Organization and Management economics is how leadership and collusive agreements are set and maintained in industries where firms are characterised by similar technological opportunities and structures. This topic is particularly important to analyse online and digital...