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relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under … stress. Subjects play a repeated Cournot oligopoly. Treatments are time pressure within the task and distractions through a … second task (a Stroop-task) that has to be performed as well and influences payment. We measure stress levels through salivary …
Persistent link: https://www.econbiz.de/10010362202
relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under … stress. Subjects play a repeated Cournot oligopoly. Treatments are time pressure within the task and distractions through a … second task (a Stroop-task) that has to be performed as well and influences payment. We measure stress levels through …
Persistent link: https://www.econbiz.de/10011099970
relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under … stress. Subjects play a repeated Cournot oligopoly. Treatments are time pressure within the task and distractions through a … second task (a Stroop-task) that has to be performed as well and influences payment. We measure stress levels through …
Persistent link: https://www.econbiz.de/10010443385
Persistent link: https://www.econbiz.de/10011852850
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (2015) qualifies those results in an interesting way: while they replicate the very...
Persistent link: https://www.econbiz.de/10010505929
explain the gender gap in competitiveness. Experiment 1 studies whether stress responses (measured with salivary cortisol and … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the … differently to acute stressors. We use two laboratory experiments to investigate whether factors related to stress can help …
Persistent link: https://www.econbiz.de/10011287487
-reporting and salivary cortisol. The study finds that PRP subjects had significantly higher cortisol levels and self-rated stress … randomly allocate subjects into a work task paid either by performance or a fixed payment. Stress is measured through self …
Persistent link: https://www.econbiz.de/10012533802
explain the gender gap in competitiveness. Experiment 1 studies whether stress responses (measured with salivary cortisol and … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the … differently to acute stressors. We use two laboratory experiments to investigate whether factors related to stress can help …
Persistent link: https://www.econbiz.de/10010532607
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In … our theoretical analysis we find that the different predictions of previous imitation models are due to different … laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10010366552
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly … be suitable for imitation for various reasons. Only one of the most successful of the remaining members of the reference … group is imitated. Imitation is the adoption of the imitated player's strategy. Imitation equilibrium does not only mean …
Persistent link: https://www.econbiz.de/10011538885