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Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
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Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were …
Persistent link: https://www.econbiz.de/10009693418
We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
the results of a two-round experiment designed to expose student cheating at the individual level and correlate it with … exam score (PES). The experiment involved two classes of third-year economics students incentivized by a competitive reward …
Persistent link: https://www.econbiz.de/10011641580
instead be more evident in smaller groups. We test this conjecture in an experiment where we compare 2- 3- and 4-person VCM …
Persistent link: https://www.econbiz.de/10009687484
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