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. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
an experiment designed to test whether players learn a) the relevant features of the payoff structure of a 2x2 game (e …
Persistent link: https://www.econbiz.de/10011539825
observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
Persistent link: https://www.econbiz.de/10011449225
learning throughout the experiment. Learning is higher for games with monotonic equilibria. Finally, we find that deviations …
Persistent link: https://www.econbiz.de/10011407610
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all treatments a proposer has to divide a pie among herself and two groups of three recipients each. She cannot discriminate within, but across groups. A committee with representatives...
Persistent link: https://www.econbiz.de/10011387570
We experimentally compare two well-known mechanisms inducing the Shapley value as an ex ante equilibrium outcome of a noncooperative bargaining procedure: the demand-basedWinter's demand commitment bargaining mechanism and the offer-based Hart and Mas-Colell procedure. Our results suggest that...
Persistent link: https://www.econbiz.de/10013252966
between the realized allocation and the Shapley value. Our experiment shows that H-MC not only results in significantly …
Persistent link: https://www.econbiz.de/10013252972
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions …
Persistent link: https://www.econbiz.de/10012697146
We run laboratory experiments where subjects are matched to colleges, and colleges are not strategic agents. We test … robustness of stability between the rounds of experiments. Our findings provide substantial support for the rising practice of …
Persistent link: https://www.econbiz.de/10011574107
experiments reveals the considerable economic impact of cohesion: higher cohesion groups are significantly more likely to achieve …
Persistent link: https://www.econbiz.de/10011670948