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Do People Make Strategic Moves? Experimental Evidence on Strategic Information Avoidance

Poulsen, Anders U.; Roos, Michael V. M. - Økonomisk Institut, Københavns Universitet - 2009

therefore conducted an experiment to see if people make the predicted strategic move. The experiment uses a simple bargaining …

Persistent link: https://www.econbiz.de/10005749599

Pure Redistribution and the Provision of Public Goods

Sausgruber, Rupert; Tyran, Jean-Robert - Økonomisk Institut, Københavns Universitet - 2006

We study pure redistribution as a device to increase cooperation and efficiency in the provision of public goods. Experimental subjects play a two-stage game. The first stage is the standard linear public goods game. In the second stage, subjects can redistribute payoffs among other subjects in...

Persistent link: https://www.econbiz.de/10005749692

Everyone Is A Winner: Promoting Cooperation Through Non-Rival Intergroup Competition

Reuben, Ernesto; Tyran, Jean-Robert - Økonomisk Institut, Københavns Universitet - 2008

In this paper, we study the effectiveness of intergroup competition in promoting cooperative behavior. We focus on … intergroup competition that is non-rival in the sense that everyone can be a winner. This type of competition does not give … groups an incentive to outcompete others. However, in spite of this fact, we find that intergroup competition produces a …

Persistent link: https://www.econbiz.de/10005749767

A Laboratory Study of Customer Markets

Cason, Timothy; Friedman, Daniel - In: Advances in Economic Analysis & Policy 2 (2002) 1, pp. 1020-1020

In our laboratory customer markets, sellers post price and buyers incur cost (controlled at zero, low and high values) when they switch to a new seller. Sellers' production costs follow various random walks in 28 sessions, each with 50-100 trading periods. We find that prices are sticky, and...

Persistent link: https://www.econbiz.de/10005751081

Experimental Duopoly in the Classroom

Mason, Charles - In: Journal of Industrial Organization Education 1 (2006) 1, pp. 4-4

This in-class duopoly game experiment allows students to learn about strategies and equilibria. It is appropriate for …

Persistent link: https://www.econbiz.de/10005752714

An Experimental Test of the Public Goods Crowing Out Hypothesis when Taxation Is Endogenous

Sutter, Matthias; Weck-Hannemann, Hannelore - In: FinanzArchiv: Public Finance Analysis 60 (2004) 1, pp. 94-94

Andreoni (1993) has shown in an experimental study that crowding out is incomplete when an involuntary lump-sum tax is levied exogenously on individuals to finance the provision of a public good. In this paper, we (i) replicate Andreoni's experimental conditions, and (ii) introduce treatments...

Persistent link: https://www.econbiz.de/10005582147

Excess Entry in an Experimental Winner-Take-All Market

Fischbacher, Urs; Thöni, Christian - Institut für Volkswirtschaftslehre, …

"Winner-Take-All"-markets, i.e. markets in which the relative and not the absolute performance is decisive, have gained in importance. Such markets have a tendency to provoke inefficiently many entries. We investigate the functioning of such markets with the help of experiments and show that...

Persistent link: https://www.econbiz.de/10005585626

Measuring Social Norms and Preferences using Experimental Games: A Guide for Social Scientists

Camerer, Colin F.; Fehr, Ernst - Institut für Volkswirtschaftslehre, …

Experimental games turned out to be remarkably productive tools for examining the nature of social preferences and social norms. This paper describes the methods and tools of experimental game theory and provides a selection of games that have been useful. We also discuss the role of...

Persistent link: https://www.econbiz.de/10005585655

Trust in cooperation or ability? – An experimental study on gender differences

Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In the cooperation condition, player A sends x ? {0, X} to player B. The amount x is multiplied by c = 3, and B can return y ? {0,3x}. In the ability condition, c depends on B’s...

Persistent link: https://www.econbiz.de/10005588002

Loss aversion and learning to bid

Dittrich, Dennis A. V.; Güth, Werner; Kocher, Martin; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft

Bidding challenges learning theories since experiences for the same bid vary stochastically: the same choice can result in a gain or a loss. In such an environment the question arises how the nearly universally documented phenomenon of loss aversion affects the adaptive dynamics. We analyze the...

Persistent link: https://www.econbiz.de/10005588009