Showing 151 - 160 of 19,691
The editors of <i>Games</i> would like to express their sincere gratitude to the following reviewers for assessing manuscripts in 2014:[...]
Persistent link: https://www.econbiz.de/10011114940
This study investigates the relationship between an actor’s beliefs about others’ other-regarding (social) preferences and her own other-regarding preferences, using an<em> “avant-garde”</em> hierarchical Bayesian method. We estimate two distributional other-regarding preference parameters, α...
Persistent link: https://www.econbiz.de/10011030490
We experimentally investigate whether human subjects are willing to give up individual freedom in return for the benefits of improved coordination. We conduct a modified iterated public goods game in which subjects in each period first decide which of two groups to join. One group employs a...
Persistent link: https://www.econbiz.de/10011030491
This paper analyzes optimal contracts in a linear hidden-action model with normally distributed returns possessing two moments that are governed jointly by two agents who have negative exponential utilities. They can observe and verify each others’ effort levels and draft enforceable...
Persistent link: https://www.econbiz.de/10011030492
This paper attacks a problem like the one addressed in an earlier work (Potthoff, 2013) but is more mathematical. The setting is one where an election is to choose a single winner from <i>m</i> ( 2) candidates, it is postulated that voters have knowledge of the preference profile of the electorate, and...
Persistent link: https://www.econbiz.de/10011030493
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 × 2 games used by Selten and Chmura [1]. Every participant played against four neighbors. As a distinct aspect our experimental design allows players to choose different strategies...
Persistent link: https://www.econbiz.de/10011030494
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early...
Persistent link: https://www.econbiz.de/10011030495
The relationship between risk in the environment, risk aversion and inequality aversion is not well understood. Theories of fairness have typically assumed that pie sizes are known ex-ante. Pie sizes are, however, rarely known ex ante. Using two simple allocation problems—the Dictator and...
Persistent link: https://www.econbiz.de/10011030496
The finitely repeated Prisoners’ Dilemma is a good illustration of the discrepancy between the strategic behaviour suggested by a game-theoretic analysis and the behaviour often observed among human players, where cooperation is maintained through most of the game. A game-theoretic reasoning...
Persistent link: https://www.econbiz.de/10011030497
The editors of <i>Games</i> would like to express their sincere gratitude to the following reviewers for assessing manuscripts in 2013. [...]
Persistent link: https://www.econbiz.de/10011030498