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laboratory experiment in which the participants act as forecasters and are asked to predict the next realisation of iid random …
Persistent link: https://www.econbiz.de/10012115999
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank …
Persistent link: https://www.econbiz.de/10012011103
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two … specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is …
Persistent link: https://www.econbiz.de/10011825236
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...
Persistent link: https://www.econbiz.de/10011864590
The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that …
Persistent link: https://www.econbiz.de/10011350382
best-shot case, where the lack of coordination leads to a welfare decrease for the remaining team members. …
Persistent link: https://www.econbiz.de/10012507353
have to take into account fatigue, which accumulates over time if there is insufficient recovery. We model a sequence of …
Persistent link: https://www.econbiz.de/10011976073
We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model … the theoretical benchmark with behavior observed in a one-shot experiment. …
Persistent link: https://www.econbiz.de/10011997551
We investigate experimentally the effects of information about native/immigrant identity, and the ability to communicate a self-chosen personal characteristic towards the rival on conflict behavior. In a two-player individual contest with British and Immigrant subjects in the UK we find that...
Persistent link: https://www.econbiz.de/10014248947
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013345861