Similar Search Results

On the survival of some unstable two-sided matching mechanisms

Ünver, M. Utku - In: International Journal of Game Theory 33 (2005) 2, pp. 239-254

Persistent link: https://www.econbiz.de/10005598510

Cournot Competition and Hit-and-Run Entry and Exit in a Teaching Experiment

Simon GÃ¤chter; Christian ThÃ¶ni; Tyran, Jean-Robert - In: Journal of Economic Education 37 (2006) 4, pp. 418-430

Instructors can use a computerized experiment to introduce students to imperfect competition in courses on introductory … thinking in general, the experiment serves to demonstrate that profits of a firm fall as the number of competitors is increased … in a market and that firms enter profitable markets. The authors have used the experiment in undergraduate classes on …

Persistent link: https://www.econbiz.de/10005600596

Ostracism and the Provision of a Public Good, Experimental Evidence

Maier-Rigaud, Frank P.; Martinsson, Peter; Staffiero, … - Max-Planck-Institut zur Erforschung von … - 2005

We analyze the effects of ostracism on cooperation in a linear public good experiment. Our results show that …

Persistent link: https://www.econbiz.de/10005612385

on the efficiency of team-based meritocracies

Gunnthorsdottir, Anna; Vragov, Roumen; seifert, Stefan; … - Volkswirtschaftliche Fakultät, … - 2008

According to theory a pure meritocracy is efficient because individual members are competitively rewarded according to their individual contributions to society. However, purely individually based meritocracies seldom occur. We introduce a new model of social production called “team-based...

Persistent link: https://www.econbiz.de/10005616844

Unique bid auctions: Equilibrium solutions and experimental evidence

Rapoport, Amnon; Otsubo, Hironori; Kim, Bora; Stein, … - Volkswirtschaftliche Fakultät, … - 2007

Two types of auction were introduced on the Internet a few years ago and have rapidly been gaining widespread popularity. In both auctions, players compete for an exogenously determined prize by independently choosing an integer in some finite and common strategy space specified by the...

Persistent link: https://www.econbiz.de/10005619420

The meritocracy as a mechanism to overcome social dilemmas

Gunnthorsdottir, Anna; Vragov, Roumen; Mccabe, Kevin - Volkswirtschaftliche Fakultät, … - 2007

A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...

Persistent link: https://www.econbiz.de/10005621227

Learning to Make Strategic Moves: Experimental Evidence

Poulsen, Anders - Volkswirtschaftliche Fakultät, … - 2007

moves can appear somewhat counter-intuitive, we conducted an experiment to see if people make the predicted strategic move …. The experiment uses a simple bargaining situation. A player can make a strategic move of committing to not seeing what the …

Persistent link: https://www.econbiz.de/10005622106

The Demand for Punishment

Carpenter, Jeffrey - 2002

often be called rational. The current experiment illustrates this point with an example. Assuming self-interested agents …

Persistent link: https://www.econbiz.de/10005636201

What Norms Trigger Punishment

Carpenter, Jeffrey; Matthews, Peter Hans - 2007

Many experiments have demonstrated the power of norm enforcement-peer monitoring and punishment-to maintain, or even increase, contributions in social dilemma settings, but little is known about the underlying norms that monitors use to make punishment decisions. Using a large sample of...

Persistent link: https://www.econbiz.de/10005636231

No Switchbacks: Rethinking Aspiration-Based Dynamics in the Ultimatum Game

Carpenter, Jeffrey; Matthews, Peter Hans - 2003

Aspiration-based evolutionary dynamics have recently been used to model the evolution of fair play in the ultimatum game showing that incredible threats to reject low offers persist in equilibrium. We focus on two extensions of this analysis: we experimentally test whether assumptions about...

Persistent link: https://www.econbiz.de/10005636242