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The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting … no equilibrium achieving full efficiency. In the experiment, we vary the proportion of naive traders by introducing … computerized players. We find that full efficiency is not achieved in the experiment with or without naive traders, and efficiency …
Persistent link: https://www.econbiz.de/10011852503
This note analyzes in a fishery management problem the effects of relaxing one of the usual assumptions in the literature of dynamic games. Specifically, the assumption that players restrict to strategies that stabilize the system. Previous works in the literature have shown that feedback Nash...
Persistent link: https://www.econbiz.de/10012950179
Persistent link: https://www.econbiz.de/10014227980
Intrinsic motivation is shaped by attitudes towards others. In spite of their potential relevance for policy design, identifying individual preference types beyond population distributions remains a challenge. We use data from a common pool resource (CPR) game in the fi eld (935 individuals, 25%...
Persistent link: https://www.econbiz.de/10012904155
In this paper a simple model is used to analyse the strategic behaviour of countries that bargain over CO2 emission reductions. Five main world regions are considered and their incentives to sign an international agreement on climate change control are analysed. A non-cooperative approach to...
Persistent link: https://www.econbiz.de/10014213787
social dilemmas. We subject our model to data from an experimental public goods game and a risk experiment, and we measure …
Persistent link: https://www.econbiz.de/10009490199
In a within-subjects experiment we test the relation of risk preferences and charitable giving. Women not only give …
Persistent link: https://www.econbiz.de/10011375690
We analyze gender differences in the trust game in a behind the veil of ignorance design. This method yields strategies that are consistent with actions observed in the classical trust game experiments. We observe that, on average, men and women do not differ in trust, and that women are...
Persistent link: https://www.econbiz.de/10011380925
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we …
Persistent link: https://www.econbiz.de/10011299882
-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …
Persistent link: https://www.econbiz.de/10011301155