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's depositors. Subjects in our experiment decide whether to leave their money deposited in a bank or withdraw it early; a bank run …
Persistent link: https://www.econbiz.de/10013064547
modifications: In the experiment, we directly link reciprocal preferences elicited in contribution schedules to beliefs and show …
Persistent link: https://www.econbiz.de/10013064567
We report results from experiments designed to investigate the prevalence of turn-taking in three-person finitely repeated threshold public good games without communication. Individuals can each make a discrete contribution. If the number of contributors is at least equal to the threshold, a...
Persistent link: https://www.econbiz.de/10012963870
This paper experimentally studies the role of a compromise option in a repeated battle-of-the-sexes game. We find that in a random-matching environment, compromise serves as an effective focal point and facilitates coordination, but fails to improve efficiency. However, in a fixed-partnership...
Persistent link: https://www.econbiz.de/10012927123
) players' behavior. In addition, our experiment suggests that before participating in the auction stage in our mechanism …
Persistent link: https://www.econbiz.de/10012836381
We design a laboratory experiment to test the importance of wealth as a channel for financial contagion across markets …
Persistent link: https://www.econbiz.de/10012842547
We study a class of trust dilemmas with symmetric players that evolve in real-time. In these games, as long as all the n players continue to cooperate, the payoff function increases exponentially over time. Simultaneously, however, the temptation to defect also increases at the same rate. The...
Persistent link: https://www.econbiz.de/10012773843
preference into the context of network games, and test their implications in a laboratory experiment. We observe that subjects …
Persistent link: https://www.econbiz.de/10012900760
We conducted controlled laboratory experiments to investigate how humans adapt the decision rule (DR) they use in repeated strategic interactions in light of new information becoming available. We do so by providing -- along different paths -- more and more information over time, so as to...
Persistent link: https://www.econbiz.de/10012900858
strategic belief manipulation and a novel experiment in which we replicate Di Tella, et al.’s, experiment and also elicit the …
Persistent link: https://www.econbiz.de/10012891985