Browsing by Author "Sutter, Matthias"

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2001-06-26Buch

Experimental ’Beauty Contests’ with Homogeneous and Heterogeneous Players and with Interior and Boundary Equilibria

Güth, Werner; Kocher, Martin; Sutter, Matthias

We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic ...
2001-06-12Buch

Fairness in the Mail and Opportunism in the Internet

A Newspaper Experiment on Ultimatum Bargaining

Güth, Werner; Schmidt, Carsten; Sutter, Matthias

On May 11, 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector-mode: Each participant chooses not only how much (s)he demands of the DM ...