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Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
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among a substantial share of the population into account. Theory shows and experiments confirm, that even if fairness … concerns on economic outcomes. We also review evidence from laboratory and field experiments examining the role of wages and …
Persistent link: https://www.econbiz.de/10010269083
We run a computerised experiment of network formation where all connections are beneficial and only direct links are costly. Players simultaneously submit link proposals; a connection is made only when both players involved agree. We use both simulated and experimentally generated data to test...
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behaviour in experiments. For other payoff parameters, however, actual behaviour deviates consistently from that predicted by …
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. I conduct two new experiments which are explicitly designed to test for a 'pure' aversion to lying, and find no evidence …
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Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...
Persistent link: https://www.econbiz.de/10010296261
In an experiment designed to test for expressive voting, Tyran (JPubEc 2004) found a strong positive correlation between the participants' approval to a proposal to donate money for charity and their expected approval rate for fellow voters. This phenomenon can be due to a bandwagon effect or a...
Persistent link: https://www.econbiz.de/10010301374
introduces three new economic experiments for the research into procedural aspects (chapter 4-6). The objective is to analyze …
Persistent link: https://www.econbiz.de/10009468509