Showing 1 - 10 of 2,925
Persistent link: https://www.econbiz.de/10012296785
experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between … coordination failure due to first- and higher-order beliefs. In our experiment, around 76% of the subjects have chosen the payoff …We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory …
Persistent link: https://www.econbiz.de/10011537616
behaviour in experiments. For other payoff parameters, however,actual behaviour deviates consistently from that predicted by …
Persistent link: https://www.econbiz.de/10009262201
rivalry in our incentivized experiments. Females alsochose to play far more mixed strategies than males indicating some …Wir präsent ieren eine Verhaltensvariante der Spieltheorie, die auf der Wertfunktion der Prospekttheorie …
Persistent link: https://www.econbiz.de/10009302578
experiment, weallow participants to first coordinate before playing various games. Basedon between-subjects treatments …
Persistent link: https://www.econbiz.de/10005866835
This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …
Persistent link: https://www.econbiz.de/10010421957
conventional coordination, where subjects bet on only one alternative, subjects coordinate by the distribution of points. This … experiment on the elicitation of social norms (Krupka and Weber, 2013), we compare the proposed mechanism with conventional … coordination. The data confirms the theoretical predictions regarding coordination behavior and demonstrates that the proposed …
Persistent link: https://www.econbiz.de/10011987024
Persistent link: https://www.econbiz.de/10014317422
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10011398786
Persistent link: https://www.econbiz.de/10010402190