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guilt aversion and reciprocity under which contributions are related to second- and first-order beliefs, respectively. Our … results are consistent with either. -- Framing ; psychological games ; guilt aversion ; reciprocity ; public good games …
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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...
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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...
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Trait-based personality psychology and economics have taken different approaches to understanding individual …
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Experiment untersucht. Der Autor findet in seiner Feldforschung Bestätigung für die These, dass die wirtschaftliche Realität …
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