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The Minority Game Unpacked : Coordination and Competition in a Team-Based Experiment

Devetag, Giovanna; Pancotto, Francesca; Brenner, Thomas - 2015

conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team …

Persistent link: https://www.econbiz.de/10014180445

Employment Duration and Resistance to Wage Reductions : Experimental Evidence

Burda, M.; Güth, Werner; Kirchsteiger, Georg; Uhlig, Harald - 2008

employees to accept lower wages as well? As an alternative to reviewing statistical data we have performed an experiment with a … that employers will not lower wages correspondingly and that employees will resist such wage cuts. Our experiment casts two …

Persistent link: https://www.econbiz.de/10014192066

Free-Riding on Altruistic Punishment? An Experimental Comparison of Third-Party-Punishment in a Stand-Alone and in an In-Group Environment

Lewisch, Peter G.; Ottone, Stefania; Ponzano, Ferruccio - 2013

This paper deals with the subject of third-party punishment. The paper compares, by means of an economic experiment …

Persistent link: https://www.econbiz.de/10014193835

Public Goods and Voting on Formal Sanction Schemes : An Experiment

Putterman, Louis; Tyran, Jean-Robert; Kamei, Kenju - 2010

The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...

Persistent link: https://www.econbiz.de/10014199163

An Experiment on Sequential Rent-Seeking

Weimann, Joachim; Yang, Chun-Lei; Vogt, Carsten - 2001

In an experiment on sequential rent seeking, we find that the theoretically predicted first-mover advantage does not … in experiment, individual behavior is highly reasonable nevertheless, such that subjects appear to play a reduced form of …. Keyword(s): Rent-seeking, Experiment, Reciprocity, Fairness, Exploitation …

Persistent link: https://www.econbiz.de/10014141328

How Good Is the Samaritan, and Why? An Experimental Investigation of the Extent and Nature of Religious Prosociality Using Economic Games

Everett, Jim; Haque, Omar; Rand, David G. - 2016

What is the extent and nature of religious prosociality? If religious prosociality exists, is it parochial and extended selectively to co-religionists, or is it generalized regardless of the recipient? Further, is it driven by preferences to help others or by expectations of reciprocity? We...

Persistent link: https://www.econbiz.de/10014142941

Do Labour Market Conditions Affect Gift Exchange? Some Experimental Evidence

Brandts, Jordi; Charness, Gary - 2003

We study how two dimensions of market conditions affect behavior in experimental gift-exchange markets with repeated interaction. First, we consider the impact of competitive imbalance, by varying whether there is an excess supply of firms or an excess supply of workers in the market. Second, we...

Persistent link: https://www.econbiz.de/10014144681

Endogenous Social Preferences

Carpenter, Jeffrey P. - 2002

engage in selfless, group-beneficial acts. This paper presents the results of an experiment designed to quantify the extent …

Persistent link: https://www.econbiz.de/10014121445

Cheap Talk, Information, and Coordination - Experimental Evidence

Charness, Gary; Grosskopf, Brit - 2001

Costless and non-binding pre-play communication (cheap talk) has been found to often be effective in achieving efficient outcomes in experimental games. However, in previous two-player experimental games each player was informed about both his payoff and the action of the other player in the...

Persistent link: https://www.econbiz.de/10014122582

The Role of Equality, Efficiency, and Rawlsian Motives in Social Preferences : A Reply to Engelmann and Strobel

Fehr, Ernst; Schmidt, Klaus M. - 2004

In a recent paper Engelmann and Strobl claim that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is far more important than inequity aversion. Here we show that the relevance of the efficiency motive is largely restricted to students of...

Persistent link: https://www.econbiz.de/10014073235