J Berg, J Dickhaut… - Games and economic behavior, 1995 - Elsevier
We designed an experiment to study trust and reciprocity in an investment setting. This
design controls for alternative explanations of behavior including repeat game reputation
effects, contractual precommitments, and punishment threats. Observed decisions suggest ...
E Hoffman, K McCabe, K Shachat… - Games and Economic …, 1994 - pareto.uab.es
Research on ultimatum and dictator games has found that because of" fairness" first movers
in such games offer more than noncooperative game theory predicts. We find that if the right
to be the first mover is" earned" by scoring high on a general knowledge quiz, then first ...
E Hoffman, K McCabe… - The American Economic Review, 1996 - JSTOR
In this paper we ask if instructional and procedural manipulation can be used in a systematic
way to understand the social norms that have been said to be the cause of deviations from
game theoretic predictions in dictator and other games.'We find that such manipulations, ...
K McCabe,
D Houser, L Ryan… - Proceedings of the …, 2001 - National Acad Sciences
Abstract Cooperation between individuals requires the ability to infer each other's mental
states to form shared expectations over mutual gains and make cooperative choices that
realize these gains. From evidence that the ability for mental state attribution involves the ...
KA McCabe,
ML Rigdon… - Journal of Economic Behavior & …, 2003 - Elsevier
E Hoffman, KA McCabe… - Economic Inquiry, 1998 - Wiley Online Library
Page 1. BEHAVIORAL FOUNDATIONS OF RECIPROCITY: EXPERIMENTAL
ECONOMICS AND EVOLUTIONARY PSYCHOLOGY ELIZABETH HOFFMAN, KEVIN
A. MCCABE and VERNON L. SMITH' Laboratory experiments ...
E Hoffman, KA McCabe… - International Journal of Game Theory, 1996 - Springer
Page 1. International Journal of Game Theory (1996) 25:289-301 On Expectations and the
Monetary Stakes in Ultimatum Games 1 Game Theory ELIZABETH HOFFMAN College of Arts
and Sciences, Iowa State University, 208 Carver Hall, Ames Ia 50011, USA ...
T Burnham, K McCabe… - Journal of Economic Behavior & …, 2000 - Elsevier
In a laboratory experiment, we use an extensive form two person trust game to examine the
hypothesis that human subjects have a preconscious friend-or-foe (FOF) mental mechanism
for evaluating the intentions of another person. Instructions are used to weakly prime the ...
SK McEvily, S Das… - Academy of Management Review, 2000 - JSTOR
Causal ambiguity protects distinctive competencies from imitation but might increase a firm's
vulnerability to substitution. We suggest that firms can manage this tension by identifying the
causes of superior performance and using this knowledge to make their commitments to ...
A Gunnthorsdottir, K McCabe… - Journal of Economic Psychology, 2002 - Elsevier
Game-theoretic experiments have revealed substantial individual differences where the
game allows for off-equilibrium behavior such as trust and reciprocity. We explore the
personality psychology and decision making literatures and conclude that these individual ...
K Smith, J Dickhaut, K McCabe… - Management Science, 2002 - JSTOR
Economic forces shape the behavior of individuals and institutions. Forces affecting
individual behavior are attitudes about payoffs (gains and losses) and beliefs about
outcomes (risk and ambiguity). Under risk, the likelihoods of alternative outcomes are fully ...
KA McCabe, SJ Rassenti… - Proceedings of the …, 1996 - National Acad Sciences
KA McCabe, SJ Rassenti… - European Journal of Political …, 1989 - Elsevier
A Gunnthorsdottir,
D Houser… - Journal of Economic Behavior & …, 2007 - Elsevier
Novel voluntary contribution mechanism experiments are used to investigate how
individuals' experience (history) and cooperative disposition and interact. We find that a
subject's initial public contribution is a useful measure of cooperative disposition. History ...
KA McCabe, SJ Rassenti… - The American Economic Review, 1990 - JSTOR
Page 1. Auction Institutional Design: Theory and Behavior of Simultaneous
Multiple-Unit Generalizations of the Dutch and English Auctions By KEVIN A. MCCABE,
STEPHEN J. RASSENTI, AND VERNON L. SMITH* Historically ...
GW Harrison, KA McCabe - International Journal of Game Theory, 1996 - Springer
Page 1. International Journal of Game Theory (1996) 25:303-327 Expectations and Fairness
in a Simple Bargaining Experiment GLENN W. HARRISON 1 Department of Economics, College
of Business Administration, University of South Carolina, Columbia, SC 29208, USA ...
R Kurzban, K McCabe, VL Smith… - Personality and Social …, 2001 - psp.sagepub.com
Abstract Allowing players in public goods games to make small incremental commitments to
contributing to the good might facilitate cooperation because it helps to prevent players from
being “free ridden,” contributing more to the public good than other group members. Two ...
KA McCabe, SJ Rassenti… - Games and Economic Behavior, 1998 - Elsevier
F Krueger, K McCabe, J Moll… - Proceedings of the …, 2007 - National Acad Sciences
Abstract Trust is a critical social process that helps us to cooperate with others and is present
to some degree in all human interaction. However, the underlying brain mechanisms of
conditional and unconditional trust in social reciprocal exchange are still obscure. Here, ...
[CITATION] Designing a uniform-price double auction: An experimental evaluation
KA McCabe, S Rassenti… - The Double Auction Market: Institutions, Theories …, 1993
D Houser, M Keane… - Econometrica, 2004 - Wiley Online Library
Different people may use different strategies, or decision rules, when solving complex
decision problems. We provide a new Bayesian procedure for drawing inferences about the
nature and number of decision rules present in a population, and use it to analyze the ...
KA McCabe, VL Smith… - Proceedings of the …, 2000 - National Acad Sciences
J Dickhaut, K McCabe, JC Nagode… - Proceedings of the …, 2003 - National Acad Sciences
Abstract In this study we examine how the introduction of a reference lottery with nonrandom
outcomes alters the way in which choices among pairs of lotteries are made, even if it does
not alter the choices. We use different domains (some of the lotteries produce gains, other ...
JW Dickhaut, KA McCabe… - Economic Theory, 1995 - Springer
Page 1. Econ. Theory 6, 389 403 (1995) Economic Theory 9 Springer-Verlag 1995
An experimental study of strategic information transmission* John W. Dickhaut, Kevin
A. McCabe, and Arijit Mukherji Department of Accounting ...
D Houser,
E Xiao, K McCabe… - Games and Economic Behavior, 2008 - Elsevier
People can become less cooperative when threatened with sanctions, and previous
research suggests both “intentions” and incentives underlie this effect. We report data from
an experiment aimed at determining the relative importance of intentions and incentives in ...
J Berg, J Dickhaut, K McCabe - Proceedings of the …, 2005 - National Acad Sciences
Abstract In this article we use laboratory experiments to ask a fundamental question: Do
individuals behave as if their risk preferences are stable across institutions? In particular, we
study the decisions of cash-motivated subjects in the repeated play of three different ...
KA McCabe… - Proceedings of the National …, 2000 - National Acad Sciences
[CITATION] Goodwill accounting and the process of exchange
KA McCabe… - Bounded rationality: The …, 2001 - MIT Press Cambridge, MA
KW McCabe - J. Intell. Prop. L., 1998 - HeinOnline
Page 1. THE JANUARY 1999 REVIEW OF ARTICLE 27 OF THE TRIPS AGREEMENT:
DIVERGING VIEWS OF DEVELOPED AND DEVELOPING COUNTRIES TOWARD THE
PATENTABILITY OF BIOTECHNOLOGY Kevin W. McCabe* CONTENTS Page I. Introduction ...
K McCabe - 2003 - Wiley Online Library
Recent breakthroughs in neuroscience models and technologies allow us to study in vivo
brain activity as individuals solve problems involving tasks such as making choices between
alternative actions, forming expectations about the future, carrying out plans, and ...
E Hoffman, K McCabe… - Experimental Economics, 2000 - Springer
Abstract In this paper we report the results of additional exchange ultimatum game
experiments conducted at the same time as the exchange ultimatum game experiments
reported in Hoffman et al.(Games and Economic Behavior, 7 (3), pp. 346–380, 1994). In ...
T Chorvat, K McCabe… - Supreme Court Economic Review, 2005 - JSTOR
As legal scholarship has come to rely more on economic analysis, the foundational
questions of economics have become important questions for legal analysis as well. One of
the key foundational elements of modern economics is the assumption of the rational ...
[CITATION] Testing Vickrey's and other simultaneous multiple unit versions of the English auction
KA McCabe, SJ Rassenti… - Research in experimental economics, 1991
J Henrich, W Albers, R Boyd… - … The adaptive toolbox, 2001 - books.google.com
Page 361. 19 Group Report: What Is the Role of Culture in Bounded Rationality?
Joseph Henrich, Rapporteur Wulf Albers, Robert Boyd, Gerd Gigerenzer, Kevin A.
McCabe, Axel Ockenfels, and H. Peyton Young As a research ...
[CITATION] Testing noncooperative bargaining theory in experiments
GW Harrison… - Research in experimental economics, 1992 - Jai Pr
KA McCabe, SJ Rassenti… - The Economic Journal, 1992 - JSTOR
Page 1. The Economic Journal, 102 (January I992), 9-23 Printed in Great Britain
DESIGNING CALL AUCTION INSTITUTIONS: IS DOUBLE DUTCH THE BEST? Kevin
A. McCabe, Stephen J. Rassenti and Vernon L. Smith This ...
KA McCabe, SJ Rassenti… - Journal of Economic Behavior & …, 1990 - Elsevier
KA McCabe - Journal of Economic Behavior & Organization, 1989 - Elsevier
[CITATION] Social distance and other-regarding behavior in dictator games: reply
E Hoffman, K McCabe… - American …, 1999 - American Economic Association
KA McCabe - Economics and Philosophy, 2008 - Cambridge Univ Press
Page 1. Economics and Philosophy, 24 (2008) 345–368 Copyright C Cambridge
University Press doi:10.1017/S0266267108002010 NEUROECONOMICS AND THE
ECONOMIC SCIENCES KEVIN A. MCCABE George Mason University ...
[CITATION] Lakatos and experimental economics
V Smith, K McCabe… - Appraising Economic Theories. Edward Elgar, …, 1991
F Krueger, J Grafman… - … of the Royal …, 2008 - rstb.royalsocietypublishing.org
Abstract The theory of games provides a mathematical formalization of strategic choices,
which have been studied in both economics and neuroscience, and more recently has
become the focus of neuroeconomics experiments with human and non-human actors. ...
ML Rigdon, KA McCabe… - The Economic Journal, 2007 - Wiley Online Library
Skip to Main Content. ...
C Bronfman, K McCabe, D Porter, S Rassenti… - The RAND Journal of …, 1996 - JSTOR
This is a systematic experimental comparison of the efficiency and competitive properties of
a computerized multiunit tâtonnement with or without a dynamic improvement rule, with or
without publicity of order flow information. All versions of the tâtonnement are ...
[CITATION] Experimental research on deregulated markets for natural gas pipeline and electric power transmission networks
KA McCabe, S Rassenti… - Research in law and economics, 1991 - Jai Pr
J Dickhaut, J Hubbard, K McCabe… - University of Minnesota, 1995 - chapman.edu
Abstract We design an experiment to study the effect of reputation building on trust and
reciprocity in a two period investment game. In the investment game a first mover decides
how much money (up to $10) to invest. It is common knowledge that the amount invested ...
[CITATION] Stability and preference distortion in resource matching: an experimental study of the marriage problem
G Harrison… - Research in experimental economics, 1996
[CITATION] A cognitive theory of reciprocal exchange
KA McCabe - Trust and reciprocity: Interdisciplinary lessons from …, 2003
G Coricelli, K McCabe… - Affective minds. Amsterdam: …, 2000 - econ-pol.unisi.it
Abstract We postulate a system of mental modules necessary for personal exchange. This
system includes a 'good-will'accounting system which tracks trading partners together with a
'mind-reading'system which attributes mental-states to partners in order to achieve greater ...
[CITATION] The individual versus the aggregate
J Berg, J Dickhaut… - Judgment and decision- …, 1995 - New York: Cambridge
KA McCabe, A Mukherji… - Economic Theory, 2000 - Springer
Page 1. Economic Theory 15, 421–462 (2000) An experimental study of information
and mixed-strategy play in the three-person matching-pennies game * Kevin A.
McCabe1, Arijit Mukherji2,3, and David E. Runkle2,4 1 Economic ...
[CITATION] A two person trust game played by naive and sophisticated subjects
K McCabe… - Proceedings of the National Academy of Sciences, 2000
KW McCabe - Pub. Cont. LJ, 1997 - HeinOnline
Page 1. NOTE Implications of the CellPro Determination on Inventions Made with Federal
Assistance: Will the Government Ever Exercise Its March-In Right? KEVIN W. MCCABE I.
Introduction 645 II. Overview of Technology Transfer for Federally Sponsored Research 649 ...
C Fong… - … of the National Academy of Sciences, 1999 - National Acad Sciences
Abstract Human decision making under risk and uncertainty may depend on individual
involvement in the outcome-generating process. Expected utility theory is silent on this
issue. Prospect theory in its current form offers little, if any, prediction of how or why ...
[CITATION] The Behavioral Foundations of Stewardship Accounting and a Proposed Program of Research: What is Accountability?
JW Dickhaut, KA McCabe - Behavioral …, 1997 - AMERICAN ACCOUNTING …
Y Durham, K McCabe, MA Olson, S Rassenti… - International Journal of …, 2004 - Elsevier
Many industries with avoidable fixed costs face competitive price instability problems in an
attempt to maintain profitability. We designed an experimental environment where
profitability is eroded by the addition of sunk and avoidable fixed costs. While we cannot ...
F Krueger, AK Barbey, K McCabe… - Proceedings of the …, 2009 - National Acad Sciences
Abstract Emotional intelligence (EI) refers to a set of competencies that are essential
features of human social life. Although the neural substrates of EI are virtually unknown, it is
well established that the prefrontal cortex (PFC) plays a crucial role in human social- ...
[CITATION] Strategic analysis by players in games: What information do they use
K McCabe… - Economic Science Lab., Univ. of Arizona, 1999
K McCabe,
M Rigdon… - Experimental Business …, 2001 - books.google.com
Experimentalists have long observed that many subjects in two-person extensive form
games choose cooperative strategies even when they will be played only once matched
with another person whose identity will never be revealed to them. 1 This phenomenon ...
J Berg, J Dickhaut, J Hughes… - Contemporary …, 1995 - Wiley Online Library
Abstract. In this paper we present an innovative teaching tool for introductory financial
accounting students that promotes active learning using methods at the frontier of market
research. We describe the implementation of an asset market where students assume the ...
L Inglis, K McCabe, S Rassenti… - Fla. St. UL Rev., 2005 - HeinOnline
EXPERIMENTS ON THE EFFECTS OF COST- SHIFTING, COURT COSTS, AND DISCOVERY
ON THE EFFICIENT SETTLEMENT OF TORT CLAIMS Laura Inglis, Kevin McCabe, Steve
Rassenti, Daniel Simmons, and Erik Tallroth* I. Introduction 89 II. Legal Background 91 A ...
[CITATION] Strategic analysis in games: what information do players use
KA McCabe… - Trust and Reciprocity: Interdisciplinary Lessons from …, 2003
D Houser, A Bechara, M Keane, K McCabe… - Games and Economic …, 2005 - Elsevier
In many research contexts it is useful to group experimental subjects into behavioral “types.”
Usually, this is done by pre-specifying a set of candidate decision-making heuristics and
assigning each subject to a heuristic in that set. Such approaches might perform poorly ...
K McCabe,
ML Rigdon… - 2003 - harbaugh.uoregon.edu
Abstract. It is well-known in evolutionary game theory that population clustering in Prisoner
Dilemma games allows some cooperative strategies to invade populations of stable
defecting strategies. We adapt this idea of population clustering to a two-person trust ...
KA McCabe - The Review of Austrian Economics, 2005 - Springer
Page 1. The Review of Austrian Economics, 18:3/4, 241–280, 2005. cс 2005 Springer Science +
Business Media, Inc. Manufactured in The Netherlands. Reciprocity and Social Order: What Do
Experiments Tell us About the Failure of Economic Growth? KEVIN A. MCCABE ...
GA Ascoli… - Behavioral and Brain Sciences, 2006 - Cambridge Univ Press
Cambridge Journals Online (CJO) is the e-publishing service for over 270 journals published
by Cambridge University Press and is entirely developed and hosted in-house. The platform's
powerful capacity and reliable performance are maintained by a combination of our own expertise ...
ML Gatta… - 2005 - books.google.com
... Page 10. Page 11. ACKNOWLEDGEMENTS All books arc true collaborations and this one is
no exception. This book truly benefited from the intellectual insights of mam individuals. Kirst
I want to thank Kevin McCabe who collaborated with me on this book. ...
[CITATION] Institutional design for electronic trading
K McCabe, S Rassenti… - Global Equity Markets: Technological, Competitive, …, 1995
KL Phan, CS Sripada… - Proceedings of the …, 2010 - National Acad Sciences
Abstract Brain reward circuitry, including ventral striatum and orbitofrontal cortex, has been
independently implicated in preferences for fair and cooperative outcomes as well as
learning of reputations. Using functional MRI (fMRI) and a “trust game” task involving ...
A Gunnthorsdottir,
D Houser, K McCabe… - 2000 - Citeseer
It is well known that property rights can privatize incentives for the provision of goods that
provide public benefits. Unfortunately, it is often infeasible to implement a property rights
system which truly privatizes incentives by making benefits proportional to investments. 1 ...
[CITATION] Ultimatum and dictator games
E Hoffman, K McCabe… - J. Econ. Persp., 1995
E Hoffman, KA McCabe… - Bargaining and market behavior, 2000 - dl.acm.org
Google, Inc. (search). ...
K McCABE, S Rassenti… - IIE TRANSACTIONS, 1999 - Taylor & Francis
In this paper we present a dialogue between game theory and laboratory/field experiments
using a number of examples from the economic systems design literature. We observe that
neither game theory or laboratory experimentation is sufficient for economic design. ...
SJ Rassenti, V Smith… - New directions in computational …, 1994 - Springer
In technologically interdependent economic systems inefficiencies can easily arise from
allocations contrived through independent bilateral negotiations. We can challenge this
problem with the 'smart market': a coordination center applies optimization algorithms to ...
[CITATION] Designing a uniform price double auction: An experimental evaluation, D. Friedman, J. Rust, Editors
KA McCabe, SJ Rassenti… - The Double Auction Market Institutions, Theories, and …
E Hoffman, K McCabe… - The law and economics of …, 2005 - books.google.com
Trade is a ubiquitous activity, and yet, like spoken language, we take it for granted, rarely
conscious of the complex interactions taking place between others and ourselves.
Consequently, our question may seem at first trivial, or maybe unnecessary, because in ...
J Dickhaut, S Basu, K McCABE… - Accounting horizons, 2010 - link.aip.org
[bold SYNOPSIS:] We develop the hypothesis that culturally evolved accounting principles
will be ultimately explained by their consilience with how the human brain has evolved
biologically to evaluate social and economic exchange. We provide background on the ...
K McCabe - Greece & Rome (Second Series), 1986 - Cambridge Univ Press
Oliver Goldsmith once wrote that the cultural history of a civilization can be divided into three
periods:'its commencement, or the age of poets; its maturity, or the age of philosophers; and
its decline, or the age of critics.'Goldsmith went on to argue that the increase of critics is a ...
Embodied brain activity leads to emergent computations that determine individual decisions.
In turn, individual decisions, in the form of messages sent to an institution, lead to emergent
computations that determine group-level outcomes. Computations can be understood in ...
Y Chen, K Takeuchi, N Kotzian… - University of …, 2005 - yanchen.people.si.umich.edu
Abstract We study two package auction mechanisms in the laboratory, a sealed bid Vickrey
auction and an ascending version of Vickrey called iBEA. Unlike the single-unit Vickrey
where bidders tend to overbid in the laboratory, most of our bidders either underbid or bid ...
[CITATION] Stability and preference distortion in resource matching: An experimental study of the marriage market
GW Harrison, KA McCabe - Research in Experimental Economics, 1989
CA Deck, KA McCabe… - Journal of Economic Behavior & …, 2006 - Elsevier
G Harrison… - Photocopy, University of, 1988 - econ.arizona.edu
ABSTRACT Recent bargaining experiments have cast serious doubt on the ability of
cooperative and non—cooperative game theory to explain observed behavior. we argue that
the experimental results that are inconsistent with traditional cooperative game theory are ...
D Houser, K McCabe… - Journal of economic behavior & …, 2005 - Citeseer
Before addressing Joseph Henrich's evolutionary explanation for altruism, it is important to ask
whether the existing evidence taken in its entirety actually suggests that preferences are
non-selfish in the standard game-theoretic (myopic) sense. Our own research corrobo- ...
[CITATION] An experimental examination of competition and 'smart'markets on natural gas pipeline networks
K McCabe, S Rassenti… - Federal Energy Regulatory Commission …, 1988
KA McCabe, SJ Rassenti… - 1988 - econ.arizona.edu
Page 1. Discussion Paper No. 88-13 A NEW MARKET INSTITUTION FOR THE EXCHANGE
OF COMPOSITE GOODS by Kevin A. McCabe, Stephen J. Rassenti, and Vernon L. Smith April
1988 Economic Science Laboratory University of Arizona Page 2. ...
[CITATION] Stability and Preference Distortion in Resource Matching
GW Harrison, KA McCabe - Vfarking Paper, tkiiversity of Arizona, Department of …, 1987
[CITATION] Behavioral Foundations of Reciprocity: Experimental Economics and Evolutionary Psychology, 36 ECON
E Hoffman, KA McCabe, VL Smith - Inquiry, 1998
[CITATION] Cooperation and the Repeated Interactions of Anonymous Pairings
K McCabe, S Rassenti… - 1991 - working paper, October
D Houser, M Keane, K McCabe… - Manuscript, University of …, 2001 - econ.arizona.edu
The question “how do people behave when placed in environments where optimal decision
making would require solution of complex optimization problems?” is of fundamental
importance to economic analysis. Predictions of individual and market behavior can differ ...
D Chavanne, K McCabe… - 2009 - mason.gmu.edu
Abstract The experiment presented here provides evidence that, in the presence of first
possession and inequality, the degree to which a third-party redistributor honors preexisting
entitlements is bounded. Using a thirdparty redistributive task, the design examines how ...
[CITATION] Behavioral Foundations of Reciprocity: Experimental Economics and Evolutionary Psychology," April, 1996
E Hoffman, K McCabe… - Unpublished. Kandori, MG, G. Mailath, and R. Rob …, 1993
[CITATION] Inferred Brain Function in the Formation of Allocations in an English Auction
J Dickhaut, K Smith, K McCabe, N Peck… - Experimental Business Research. …, 2001
E Hoffman, K McCabe… - Handbook of Experimental Economics …, 2008 - Elsevier
We define social distance as the degree of reciprocity that people believe is inherent within
a social interaction. The greater the social distance, or isolation, between a person and
others, the weaker is the scope for reciprocal relations.
C Deck, K McCabe… - Department of Economics, …, 2001 - cdi.mecon.gov.ar
Experiments are used to study the acceptance of fiat money as a medium of exchange in a two
good circular flow economy. In these markets money has a finite life, yet people are willing to
trade valuable goods for the intrinsically worthless shinplaster. Inflation remains low to ...
A Gunnthorsdottir, R Vragov, S Seifert… - Journal of Public …, 2010 - Elsevier
We examine theoretically and experimentally how competitive contribution-based group
formation affects incentives to free-ride. We introduce a new formal model of social
production, called a “Group-based Meritocracy Mechanism”(GBM), which extends the ...
E Hoffman, K McCabe… - Handbook of Experimental Economics …, 2008 - Elsevier
Social norms of “fairness” have been said to cause the observed deviations from non-
cooperative game theoretic predictions in ultimatum and dictator games. But where do social
norms and concepts of “fairness” come from? We present data based on treatment ...
[CITATION] wPreferences
E Hoffman, K McCabe, K Schachat… - Property Rights, and Anonymity in …, 1994
K McCabe, V Smith… - The law and economics of …, 2005 - books.google.com
In the last few decades, one of the major developments in the study of law has been the
application of social sciences to legal problems. The necessity of this application is obvious.
Laws are made by humans, and hence the study of human behavior is clearly pertinent to ...
[CITATION] The Role of Experience in Testing Non-Cooperative Bargaining Theory in Experiments
G Harrison… - 1989 - Working Paper, University of Arizona
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