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Persistent link: https://www.econbiz.de/10011406854
the users' gaze paths. To this end, we haveconducted an experiment with 20 subjects viewing 50 image-tag-pairseach. We …. The papershows that a tag-to-region assignment with an accuracy of 67% can beachieved by using gaze information. In …
Persistent link: https://www.econbiz.de/10009354099
,questions whether norm deviations can be detected and thus punished. By investing in information acquisition, aresponder in an ultimatum … experiment determines endogenously whether unfair offers are detected andsanctionable. In our experiment a proposer and a … can be rather high (‘high payoff mode’) orlow (‘low payoff mode’). The responder can buy information about the proposer …
Persistent link: https://www.econbiz.de/10005866948
actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …
Persistent link: https://www.econbiz.de/10003593007
concerned committee members receive private information of different type-dependent accuracy, deliberate and vote. We study …'s key predictions in a laboratory experiment. The model's predictions are largely borne out - transparency negatively … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …
Persistent link: https://www.econbiz.de/10010516456
We experimentally study the effect of information about competitors ́actions on cartel stability and firms ́incentives … to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized … information is available and participants cannot communicate. In contrast, when communication is possible, results reverse …
Persistent link: https://www.econbiz.de/10010532614
information, a set of experiments with adverse selection where the terminal value of notes are determined exogenously, and a set … setting. The experiments replicate an OTC market similar to the one used in monetary and financial economics (Shi, 1995 … subject to a private information problem. The asset plays the role of a medium of exchange, but this role can be affected by …
Persistent link: https://www.econbiz.de/10009763984
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the … deterministic contest she receives a share of the rent equal to her share of rent-seeking expenditures. Information feedback has …
Persistent link: https://www.econbiz.de/10009618920
Persistent link: https://www.econbiz.de/10009758022
laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …
Persistent link: https://www.econbiz.de/10010366552