Showing 81 - 90 of 9,090
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to choose team remuneration in a series of...
Persistent link: https://www.econbiz.de/10010369350
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional...
Persistent link: https://www.econbiz.de/10010397189
Experimental economists increasingly apply econometric techniques to interpret their data, as suggests the emergence of "experimetrics" in the 2000s. Yet statistics remains a minor topic in historical and methodological writings on experimental economics (EE). This article aims to address this...
Persistent link: https://www.econbiz.de/10011812586
We propose a historical perspective on replication in experimental economics focused on public good games. Our intended contribution is twofold: in terms of method and in terms of object. Methodologically, we blend traditional qualitative history of economics with a less traditional quantitative...
Persistent link: https://www.econbiz.de/10011812587
In this paper individual overconfidence within the context of an experimental asset market is investigated. Overall, 72 participants traded one risky asset on six markets of 12 participants each. The results indicate that individuals were not generally overconfident. Moreover, overconfidence was...
Persistent link: https://www.econbiz.de/10010310410
Experimentally observed deviations of behavior from game theoretic predictions suggest that fairness does influence decision making. Fairness in the sense of equality has become an essential element of economic models aiming at explaining actual behavior (cf. Fehr and Schmidt, 1999; Bolton and...
Persistent link: https://www.econbiz.de/10010317630
The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot pinpoint the individual element(s) inside the theoretical...
Persistent link: https://www.econbiz.de/10010284263
This paper reports on the empirical properties of the bid auction (buyers propose prices), offer auction (sellers suggest prices) and double auction (both buyers and seller initiate price quotes). These trading institutions are stress-tested using a nonstationary monopolistic market environment...
Persistent link: https://www.econbiz.de/10010284474
Anti-Muslim prejudice is widespread in Western countries. Yet, Muslims are expected to constitute a growing share of the total population in Western countries over the next decades. This paper predicts that this demographic trend will increase anti-Muslim prejudice. Relying on experimental games...
Persistent link: https://www.econbiz.de/10010286872
Muslims do less well on the French labor market than their non Muslim counterparts. One explanation for this relative failure can be characterized by the following syllogism: (1) the empowerment of women is a sine qua non for economic progress; (2) in-group norms among Muslims do not empower...
Persistent link: https://www.econbiz.de/10010286900