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Oct 20, 2016 - AWI Experimental Economics
Vanberg, Christoph, 2016, "Who never tells a lie? [Data set and Programs]", https://doi.org/10.11588/data/10087, heiDATA, V1
I experimentally investigate the hypothesis that many people avoid lying even in a situation where doing so would result in a Pareto improvement. Replicating (Erat and Gneezy, Management Science 58, 723-733, 2012), I find that a significant fraction of subjects tell the truth in...
Aug 4, 2014 - AWI Experimental Economics
Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; Schipper, Burkhard C., 2014, "Rage Against the Machines: How Subjects Learn to Play Against Computers [Dataset]", https://doi.org/10.11588/data/10024, heiDATA, V3, UNF:5:UE+VbT403TpvbwYdzJeHMQ==
We use a large-scale internet experiment to explore how subjects learn to play against computers that are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, r...
Aug 1, 2014 - AWI Experimental Economics
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Simon, 2014, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]", https://doi.org/10.11588/data/10021, heiDATA, V2, UNF:5:9uTZvsy6tiSJe0U8/cdxPw==
A well-known result by Vega-Redondo (1997) [18] implies that in symmetric Cournot oligopolies, imitation leads to the Walrasian outcome. We show that this result is not robust to the slightest asymmetry in costs, since every outcome where agents choose identical actions will be p...
Jul 31, 2014 - AWI Experimental Economics
Apesteguia, Jose; Huck, Jose; Oechssler, Jörg, 2014, "Imitation - Theory and Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10019, heiDATA, V1, UNF:5:5pL5x5wCWhIWWBXoTb46LA==
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are mainly explained by different informational assumptions, and to...
Jul 31, 2014 - AWI Experimental Economics
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset]", https://doi.org/10.11588/data/10017, heiDATA, V1, UNF:5:ZO79Xsj/X7piQu3p8pQheg==
In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying oligopolies with two, three, four, and f...
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