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This paper proposes a novel experimental measure of women's relative bargaining power, relates this measure to expenditures on various household public goods, and studies its determinants. A key question we address in the process is whether higher bargaining power for women translates into...
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game theory predictions. However, those models are short of providing a general theory of behavior in economic interactions …. In two previous articles, we proposed a rational theory of behavior in non-cooperative games, termed Economic Harmony … theory (EH). In EH, we retained the rationality principle but modified the players' utilities by defining them as functions …
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individual level using multiple methods, and at multiple times during the experiment. With this rich set of predictor variables …
Persistent link: https://www.econbiz.de/10012015524
Despite a large theoretical and empirical literature on public goods and common-pool resources, a systematic comparison of these two types of social dilemmas is lacking. In fact, there is considerable confusion about these two types of dilemma situations. As a result, they are often treated...
Persistent link: https://www.econbiz.de/10011581340
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10011283474
This paper experimentally investigates individual information acquisition and decisions in ambiguous situations in which the degree of ambiguity can endogenously and individually be decreased by the subjects. In particular, I analyze how risk aversion, ambiguity attitude and personality traits...
Persistent link: https://www.econbiz.de/10010357825
Numerous studies investigate which sanctioning institutions prevent cartel formation but little is known as to how these sanctions work. We contribute to understanding the inner workings of cartels by studying experimentally the effect of sanctioning institutions on firms’ communication. Using...
Persistent link: https://www.econbiz.de/10012600166
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