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In the Ultimatum Game (UG) one player, named “proposer”, has to decide how to allocate a certain amount of money between herself and a “responder”. If the offer is greater than or equal to the responder’s minimum acceptable offer (MAO), then the money is split as proposed, otherwise,...
Persistent link: https://www.econbiz.de/10014114958
We test the proposition that individuals may experience a self-control conflict between short-term temptation to be selfish and better judgment to act pro-socially. Using a dictator game and a public goods game, we manipulated the likelihood that individuals identified self-control conflict, and...
Persistent link: https://www.econbiz.de/10014045166
Using a laboratory experiment, we examine whether voluntary monetary sanctions induce subjects to coordinate more efficiently in a repeated minimum effort coordination game. While most groups first experience inefficient coordination in a baseline treatment, the efficiency increases...
Persistent link: https://www.econbiz.de/10013029535
ambiguous lotteries. In the second experiment the sample averages do not converge.If we define fictive learning in an experiment …, then we expect fictive learning in the first experiment, but no fictive learning in the second experiment. The surprising … finding in this paper is the presence of fictive learning in the second experiment. We attribute this counterintuitive result …
Persistent link: https://www.econbiz.de/10013084883
This paper experimentally investigates the nature of impulses in impulse learning. Particularly, we analyze whether …
Persistent link: https://www.econbiz.de/10013085982
This paper is an exposition of an experiment on revealed preferences, where we posit a novel discrete binary choice model. To estimate this model, we use general estimating equations or GEE. This is a methodology originating in biostatistics for estimating regression models with correlated data....
Persistent link: https://www.econbiz.de/10013056705
We develop an axiomatic theory that integrates the discovered preference hypothesis into neoclassical microeconomic choice theory. A theory in which preferences must be discovered through experience can explain patterns observed in choice data, including preference reversals, evolution of or...
Persistent link: https://www.econbiz.de/10010748250
results are extended to a model of learning, in which type k plays a k times iterated best response the average of past play …
Persistent link: https://www.econbiz.de/10011049877
Persistent link: https://www.econbiz.de/10011339405
endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have …
Persistent link: https://www.econbiz.de/10010366185