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We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment …
Persistent link: https://www.econbiz.de/10011616236
former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
Persistent link: https://www.econbiz.de/10012112248
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining …
Persistent link: https://www.econbiz.de/10014380287
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning …
Persistent link: https://www.econbiz.de/10009683019
Improving cognitive function and reducing stress may yield important benefits to individuals' health and to society. We … conduct an experiment involving a three-month within-firm training program based on the principles of mindfulness and positive … its impact on both reducing perceived stress and increasing self-reported cognitive flexibility and mindfulness. At the …
Persistent link: https://www.econbiz.de/10014365687
Many important decisions are made under stress and they often involve risky alternatives. There has been ample evidence … that stress influences decision making in cognitive as well as in affective domains, but still very little is known about … whether individual attitudes to risk change with exposure to acute stress. To directly evaluate the causal effect of stress on …
Persistent link: https://www.econbiz.de/10010200418
We investigate the effects of the availability of resources that can be expended in conflict on conflict intensity. We run a between-subjects Tullock contest in which we vary the contest budget from Low to Medium to High, while keeping the Nash equilibrium bid the same. We find an 'inverted...
Persistent link: https://www.econbiz.de/10011201870
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies the problem of collective action. We...
Persistent link: https://www.econbiz.de/10008675292
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this study, we challenge this view and show that the communication structure crucially determines whether communication mitigates or intensifies rent-seeking for pure public goods. We...
Persistent link: https://www.econbiz.de/10011048619
While folk theorems for dynamic renewable common pool resource games sustain cooperation as an equilibrium, the possibility of reverting to violence to appropriate the resource destroys the incentives to cooperate, because of the expectation of conflict when resources are sufficiently depleted....
Persistent link: https://www.econbiz.de/10011262754