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conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team …
Persistent link: https://www.econbiz.de/10011734522
and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could …
Persistent link: https://www.econbiz.de/10011735015
instructions' format affects the participants' understanding of the experiment, their speed of play and their experimental behavior …. We show that longer instructions do not significantly improve the subjects' understanding of the experiment; on …
Persistent link: https://www.econbiz.de/10011735130
Left-hand drive (LHD) vehicles share higher road accident risks under left-hand traffic because of blind spot areas. Due to low import prices, the number of wrong-hand drive vehicles skyrockets in emerging countries like Georgia, Kyrgyzstan and Russia. I identify the causal effect of wrong-hand...
Persistent link: https://www.econbiz.de/10011736740
We study intertemporal choices through an experiment that elicits a subject's plan and then tracks its implementation …
Persistent link: https://www.econbiz.de/10011737091
a company takeover experiment, groups placed better bids than individuals and substantially reduced the winner's curse …
Persistent link: https://www.econbiz.de/10011737179
collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual …
Persistent link: https://www.econbiz.de/10011737257
Social preferences for the punishment of free riders are critical for generating cooperative behavior in human society. Focusing on the receiving fees of Japan's public broadcaster, this study analyses how punishment of free riders, that is, the strengthening of legal responses against them,...
Persistent link: https://www.econbiz.de/10011760399
, which firms are part of it. The second aim of the experiment is to study the coordinated effects of a merger when partial …
Persistent link: https://www.econbiz.de/10011761059
Persistent link: https://www.econbiz.de/10011761125