Similar Search Results

Does observation of others affect learning in strategic environments? An experimental study

Duffy, John; Feltovich, Nick - In: International journal of game theory : official journal … 28 (1999) 1, pp. 131-152

Persistent link: https://www.econbiz.de/10001434887

Litigation and settlement in a game with incomplete information : an experimental study

Ryll, Wolfgang - 1996

Persistent link: https://www.econbiz.de/10000936524

Resolving persistent uncertainty by self-organized consensus to mitigate market bubbles

Sornette, Didier; Andraszewicz, Sandra; Murphy, Ryan O.; … - 2016

We propose a new paradigm to study coordination in complex social systems, such as financial markets, that accounts for fundamental uncertainty. This new context has features from prediction markets that have been shown previously to mitigate price bubbles in classical asset market experiments....

Persistent link: https://www.econbiz.de/10011514493

Quasi-rational R&D behavior in an environment with fundamental uncertainty

Dimmig, Anne-Kathrin; Erlei, Mathias - 2012 - First Version: August 2012

uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage …. Participants in the experiment had almost no information about the underlying functions, parameters, and probabilities. Subjects …' behavior in the fundamentally uncertain environment of our experiment may best be characterized as some kind of procedural …

Persistent link: https://www.econbiz.de/10010481420

Cooperating Over Losses and Competing Over Gains : A Social Dilemma Experiment

Ispano, Alessandro - 2016

Evidence from studies in international relations, the politics of reform, collective action and price competition suggests that economic agents in social dilemma situations cooperate more to avoid losses than in the pursuit of gains. To test whether the prospect of losses can induce cooperation,...

Persistent link: https://www.econbiz.de/10012997327

Stability of Experimental and Survey Measures of Risk, Time, and Social Preferences : A Review and Some New Results

Chuang, Yating - 2015

Underlying preferences are often considered to be persistent, and are important inputs into economic models. We first conduct an extensive review of the disparate literature studying the stability of preferences measured in experiments. Then, we test the stability of individuals' choices in...

Persistent link: https://www.econbiz.de/10013034782

Risking Other People's Money : Experimental Evidence on Bonus Schemes, Competition, and Altruism

Andersson, Ola - 2014

We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our … experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or …

Persistent link: https://www.econbiz.de/10013050800

On Skewed Risks in Economic Models and Experiments

Ebert, Sebastian - 2014

Many of the most significant risks that people face in their lives are left-skewed, i.e., imply large losses with only small probability. I characterize skewness in binary risks, which are widely applied in both economic models and experiments. Moreover, I provide an explicit re-parametrization...

Persistent link: https://www.econbiz.de/10013067104

Take-Up of Joint and Individual Liability Loans : An Analysis With Laboratory Experiment

Baulia, Susmita - 2021

microfinance experiment. I show that when prospective borrowers are offered a flexible choice of different loan types (here …

Persistent link: https://www.econbiz.de/10013241108

Measuring price risk aversion through indirect utility functions : a laboratory experiment

Zeytoon-Nejad, Ali - In: Games 13 (2022) 4, pp. 1-43

prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …

Persistent link: https://www.econbiz.de/10013368182

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