The objective of this article is to investigate the impact of agent heterogeneity (as regards their attitude towards cooperation) and payoff structure on cooperative behaviour, using an experimental setting with incomplete information. A game of chicken is played considering two types of agents:...

A strong positive relation is generally assumed between monetary incentives and effort on the one hand, and between effort and performance on the other hand, which legitimates the introduction of monetary incentives in economic laboratory experiments. Still, the empirical impact of incentives on...

Using a two-stage Game of Chicken, Cabon-Dhersin and Ramani (2007) examine the impact of population heterogeneity on cooperative behaviour. For that purpose, they introduce two different types of agents, namely those who always cooperate and those who strategically cooperate. The aim of the...

In the loss domain, both practical and ethical considerations rule out the systematic use of an incentive-compatible procedure involving real losses. The experimental study presented here aims at investigating whether some easier-to-implement procedure could be adequately used. For that purpose,...

A strong positive relation is generally assumed between monetary incentives and effort on the one hand, and between effort and performance on the other hand, which legitimates the introduction of monetary incentives in economic laboratory experiments. Still, the empirical impact of incentives on...

The main goal of the experimental study described in this paper is to investigate the sensitivity of probability weighting to the payoff structure of the gambling situation--namely the level of consequences at stake and the spacing between them--in the loss domain. For that purpose, three kinds...

In a dynamic (sequential) framework, departures from the independence axiom (IND) are reputed to induce violations of dynamic consistency (DC), which may in turn have undesirable normative consequences. This result thus questions the normative acceptability of non expected-utility (non-EU)...

Framing has been widely shown to affect decision making. In this paper, we investigate experimentally whether, and to what extent, cooperative behaviour in a Game of Chicken may be impacted by a very basic change in the labelling of the strategies. Our within-subject experimental design involves...

This paper reports some preliminary experimental results as regards the shape of the utility function for losses when elicited over a wide interval of consequences. Individual utility functions are elicited using the trade-off method, which, unlike standard elicitation procedures, is robust to...

La mise en place d'une procédure monétaire incitative dans le cadre d'une expérience de laboratoire en économie suppose l'existence d'une relation positive étroite entre incitation et effort d'une part et entre effort et performance d'autre part. Pourtant, sur le plan empirique, l'impact...