Showing 1 - 10 of 426
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10003747367
models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …
Persistent link: https://www.econbiz.de/10012434059
Logistics commands a huge variety of dynamic developments, driven by technological, organizational as well as market changes. Within this dynamic environment, logistics management demands a competent and flexible workforce, updated by current training and qualification tools. This research paper...
Persistent link: https://www.econbiz.de/10011500160
Persistent link: https://www.econbiz.de/10011349948
Anchoring is one of the most studied and robust behavioral biases, but there is little knowledge about its persistence in strategic settings. This article studies the role of anchoring bias in private-value auctions. We test experimentally two different anchor types. The announcement of a random...
Persistent link: https://www.econbiz.de/10012138992
Persistent link: https://www.econbiz.de/10011639326
Persistent link: https://www.econbiz.de/10011298972
games to acquire virtual items and to help monetize these games. These Lootboxes have created several negative reactions and … calls for regulation because if their gambling like elements. Japan had similar mechanics in games for a long time called … Western and Asian countries and their reasonings to regulate or not to regulate "Lootbox" mechanism in games. Regulators …
Persistent link: https://www.econbiz.de/10012005406
-interested behavior in experimental normal-form games. Drawing on the concept of sympathy developed by Adam Smith and further literature … on perspective taking in games, we hypothesize that introduction of imagine-self perspective-taking by decision …
Persistent link: https://www.econbiz.de/10011761459
Persistent link: https://www.econbiz.de/10011875066