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Game theory is usually difficult to test precisely in the field because predictions typically depend sensitively on features that are not controlled or observed. We conduct one such test using field data from the Swedish lowest unique positive integer (LUPI) game. In the LUPI game, players pick...
Persistent link: https://www.econbiz.de/10004961389
This paper deploys a novel experiment to compare four theories that explain both selfish and non-selfish cooperation. The four theories capture incomplete information (à la Kreps et al. (1982)) alongside the following four non-selfish motives: caring about others (Altruism), being conscientious...
Persistent link: https://www.econbiz.de/10013368347
similarity conventions – interpretable as different conceptions of salience – in different groups of players. We present a …
Persistent link: https://www.econbiz.de/10011159145
of the players’ using a non-standard form of reasoning. We report two experiments. One finds strong support for team …
Persistent link: https://www.econbiz.de/10010552245
We consider coordination situations with a conflict of interest, and experimentally vary the inefficiency of an equal earnings equilibrium, as well as the number of efficient and unequal earnings equilibria. We observe that equality, as long it is not extremely inefficient, remains very salient,...
Persistent link: https://www.econbiz.de/10010890958
of the players’ using a non-standard form of reasoning. We report two experiments; one finds support for the first theory …
Persistent link: https://www.econbiz.de/10010672338
of the players' using a non-standard form of reasoning. We report two experiments. One finds strong support for team …
Persistent link: https://www.econbiz.de/10010277475
involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant …
Persistent link: https://www.econbiz.de/10013272188
of the players’ using a non-standard form of reasoning. We report two experiments; one finds support for the first theory …
Persistent link: https://www.econbiz.de/10005453697
of the players’ using a non-standard form of reasoning. We report two experiments. One finds strong support for team …
Persistent link: https://www.econbiz.de/10005200580