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A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012010446
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012010646
. We find substantial, though incomplete, free riding in the clock auction. In first-price auctions, regular bidders bid … more aggressively than the "entrant" and both bid higher than in auctions with no externality. Predictions regarding … revenue, efficiency, and successful entry between the two auctions are satisfied. …
Persistent link: https://www.econbiz.de/10011109670
Recent papers hypothesize that an asymmetry in regret motivates aggressive bidding in laboratory first-price auctions …
Persistent link: https://www.econbiz.de/10010571499
bidding behavior in (online) proxy-auctions with independent private valuations. We show that temporary buy-options may reduce …
Persistent link: https://www.econbiz.de/10011453215
experiment to study seller behavior in online auctions with a Buy-It-Now feature, where early potential bidders have the … invited eBay buyers and sellers into the lab to participate in a series of auctions on the eBay platform. We investigate how …
Persistent link: https://www.econbiz.de/10010365897
This work provides experimental evidence of the determinants of tax compliance in Mexico, and compares them to the results of an experiment administered in the United States reported by Alm, Jackson and McKee (1992). The results for both countries are contrasted to the predictions of the...
Persistent link: https://www.econbiz.de/10011258964
Many people contribute to public goods but stop doing so once they experience free riding. We test the hypothesis that groups whose members know that they are composed only of ‘like-minded’ cooperators are able to maintain a higher cooperation level than the most cooperative,...
Persistent link: https://www.econbiz.de/10009144747
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012011030
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012111130