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How do norms of trust and reciprocity arise? We investigate this question by examining behavior in an experiment where …
Persistent link: https://www.econbiz.de/10013009228
. We test whether subjects' perception of ambiguity differs between a local opponent and a foreign one. We find that an …
Persistent link: https://www.econbiz.de/10013023798
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the strategies of the players. The experimental subjects often...
Persistent link: https://www.econbiz.de/10013079831
learned in their professional training. -- artefactual field experiment ; car mechanics ; credence goods …
Persistent link: https://www.econbiz.de/10009736636
We consider three-person envy games with a proposer, a responder, and a dummy player. In this class of games, the proposer, rather than allocating a constant pie, chooses the pie size which the responder can then accept or reject while the dummy player can only refuse his own share. While the...
Persistent link: https://www.econbiz.de/10009544389
model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant …
Persistent link: https://www.econbiz.de/10009129721
This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10013316350
We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit … individuals' cooperation preferences in one experiment and use them - as well as subjects' elicited beliefs - to explain …
Persistent link: https://www.econbiz.de/10013316430
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10013318468
subjective beliefs of players. In a laboratory experiment, we measure subjects' certainty equivalents for three coordination …
Persistent link: https://www.econbiz.de/10013318801