Narrow search
Showing 1 - 10 of 1,873
Cover Image
Sharing or gambling? : on risk attitudes in social contexts
Kocher, Martin; Krawczyk, Michal; Le Lec, Fabrice - 2013
show that risk attitude is strongly affected by social contexts: participants in the experiment seem to be relatively risk …
Persistent link: https://www.econbiz.de/10010350221
Cover Image
Price formation in a sequential selling mechanism
Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2005
This paper analyzes the trade of an indivisible good within a two-stage mechanism, where a seller first negotiates with one potential buyer about the price of the good. If the negotiation fails to produce a sale, a second 'price sealed' bid auction with an additional buyer is conducted. The...
Persistent link: https://www.econbiz.de/10010365906
Cover Image
On the stochasticity of ultimatum games
Qi, Tianxiao; Xu, Bin; Wu, Jinshan; Vriend, Nicolaas J. - 2021
Brenner and Vriend (2006) argued (experimentally and theoretically) that one should not expect proposers in ultimatum games to learn to converge to the subgame perfect Nash equilibrium offer, as finding the optimal offer is a hard learning problem for (boundedly-rational) proposers. In this...
Persistent link: https://www.econbiz.de/10012501306
Cover Image
Risking other people's money : experimental evidence on bonus schemes, competition, and altruism
Andersson, Ola; Holm, Håkan J.; Tyran, Jean-Robert; … - 2013
experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or …We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our … with tournament incentives. Compared to a baseline condition without such incentives, we find that the decision makers …
Persistent link: https://www.econbiz.de/10010206746
Cover Image
Does trust mean giving and not risking? : experimental evidence from the trust game
Garapin, Alexis; Muller, Laurent; Rahali, Bilel - In: Revue d'économie politique 125 (2015) 5, pp. 701-716
Persistent link: https://www.econbiz.de/10011504788
Cover Image
Auctions with a Buy Price : The Case of Reference-Dependence Preferences
Shunda, Nicholas - 2009
In an auction with a buy price, the seller provides bidders with an option to end the auction early by accepting a transaction at a posted price. This paper develops a model of an auction with a buy price in which bidders use the auction's reserve price and buy price to formulate a reference...
Persistent link: https://www.econbiz.de/10014206068
Cover Image
Risk Preference Heterogeneity in Group Contests
Brookins, Philip; Paan Jindapon - 2021
We analyze the first model of a group contest with players that are heterogeneous in their risk preferences. In our model, individuals' preferences are represented by a utility function exhibiting a generalized form of constant absolute risk aversion, allowing us to consider any combination of...
Persistent link: https://www.econbiz.de/10013248594
Cover Image
Cooperation and Competition in Intergenerational Experiments in the Field and the Laboratory
Charness, Gary; Villeval, Marie Claire - 2010
to competition. The implication is that it may be beneficial to define additional incentives near the end of the career …
Persistent link: https://www.econbiz.de/10014197893
Cover Image
Eliciting risk preferences experimentally versus using a general risk question : does financial literacy bridge the gap?
Mudzingiri, Calvin; Koumba, Ur - In: Risks : open access journal 9 (2021) 8, pp. 1-16
IRRP experiment are unstable and inconsistent. What people say in a survey does not always translate into what they do when …
Persistent link: https://www.econbiz.de/10012612364
Cover Image
Cooperation, Competition, and Risk Attitudes : An Intergenerational Field and Laboratory Experiment
Charness, Gary; Villeval, Marie Claire - 2021
with diversity in age. Overall, the implication is that it is beneficial to define additional short-term incentives near …
Persistent link: https://www.econbiz.de/10013317230