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A theory of sequential reciprocity

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M Dufwenberg… - Games and Economic Behavior, 2004 - Elsevier
Many experimental studies indicate that people are motivated by reciprocity. Rabin [Amer.
Econ. Rev. 83 (1993) 1281] develops techniques for incorporating such concerns into game
theory and economics. His theory is developed for normal form games, and he abstracts ...
Cited by 1072 - Related articles - Library Search - All 43 versions

Promises and partnership

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G Charness, M Dufwenberg - Econometrica, 2006 - Wiley Online Library
We examine experimentally the impact of communication on trust and cooperation. Our
design admits observation of promises, lies, and beliefs. The evidence is consistent with
people striving to live up to others' expectations so as to avoid guilt, as can be modeled ...
Cited by 505 - Related articles - BL Direct - All 56 versions

Measuring beliefs in an experimental lost wallet game

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M Dufwenberg… - Games and Economic Behavior, 2000 - Elsevier
We measure beliefs in an experimental game. Player 1 may take x< 20 Dutch guilders, or
leave it and let player 2 split 20 guilders between the players. We find that the higher is x
(our treatment variable), the more likely is player 1 to take the x. Out of those who leave ...
Cited by 276 - Related articles - BL Direct - All 34 versions

Price competition and market concentration: an experimental study

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M Dufwenberg… - International Journal of Industrial Organization, 2000 - Elsevier
The classical price competition model (named after Bertrand), prescribes that in equilibrium
prices are equal to marginal costs. Moreover, prices do not depend on the number of
competitors. Since this outcome is not in line with real-life observations, it is known as the ' ...
Cited by 188 - Related articles - Library Search - All 38 versions

Dynamic psychological games

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P Battigalli… - Journal of Economic Theory, 2009 - Elsevier
The motivation of decision makers who care for various emotions, intentions-based
reciprocity, or the opinions of others may depend directly on beliefs (about choices, beliefs,
or information). Geanakoplos, Pearce and Stacchetti [J. Geanakoplos, D. Pearce, E. ...
Cited by 163 - Related articles - All 62 versions

Guilt in games

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P Battigalli… - The American economic review, 2007 - JSTOR
" A clear conscience is a good pillow." Why does this old proverb contain an insight? The
emotion of guilt holds a key. Psychologists report that" the prototypical cause of guilt would
be the infliction of harm, loss, or distress on a relationship partner"(Roy Baumeister, ...
Cited by 149 - Related articles - All 19 versions

Bubbles and experience: An experiment

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M Dufwenberg, T Lindqvist… - American Economic Review, 2005 - JSTOR
History contains many colorful examples where speculative trade in some commodity or
financial asset generated a phase of rapidly increasing prices, followed by a sudden
collapse (see, eg, Edward Chancellor, 1999, or Charles Kindleberger, 2001). One famous ...
Cited by 112 - Related articles - Get it from MIT Libraries - BL Direct - All 22 versions

Marital investments, time consistency and emotions

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M Dufwenberg - Journal of Economic Behavior & Organization, 2002 - Elsevier
A benchmark model of a married couple's educational investment yields an inefficient
outcome due to the possibility of opportunistic divorce. Motivated by findings in social
psychology, I use psychological game theory to incorporate belief-dependent guilt ...
Cited by 89 - Related articles - All 24 versions

Generosity, anonymity, gender

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M Dufwenberg… - Journal of Economic Behavior & Organization, 2006 - Elsevier
We examine experimentally how a person's generosity depends on the degree of anonymity
between giver and recipient, as well as on the parties' sexes. Less is given when the giver is
paid on stage rather than in private; men receive less than women; fewer men than ...
Cited by 66 - Related articles - All 10 versions

Information disclosure in auctions: an experiment

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M Dufwenberg… - Journal of Economic Behavior & Organization, 2002 - Elsevier
We report experimental results on the importance of information disclosure policy in first-
price sealed-bid auctions. Interaction takes place in 10 periods according to a random-
matching protocol, and we control the level of information feedback bidders receive after ...
Cited by 63 - Related articles - All 30 versions

Reciprocity and wage undercutting

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M Dufwenberg… - European Economic Review, 2000 - Elsevier
It is well documented that employers refuse to hire workers who offer their services at less
than the prevailing wage. The received explanation is that workers are motivated by
reciprocity–they desire to reward kindness and punish hostility. To refuse an outsider's ...
Cited by 60 - Related articles - All 17 versions

[BOOK] An experimental test of direct and indirect reciprocity in case of complete and incomplete information

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M Dufwenberg, U Gneezy, W Güth, E Van Damme… - 2000 - radyschool.org
Abstract: In this paper we report experimental results that relate to the reciprocity experiment
of Berg, Dickhaut, and McCabe (1995). We consider direct reciprocity, which means to
respond in kind to another person, and indirect reciprocity, understood as rewarding ...
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Blowing the whistle

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J Apesteguia, M Dufwenberg… - Economic Theory, 2007 - Springer
Abstract Leniency clauses, offering cartelists legal immunity if they blow the whistle on each
other, is a recent anti-trust innovation. The authorities wish to thwart cartels and promote
competition. This effect is not evident, however; whistle-blowing may enforce trust and ...
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[PDF] The framing of games and the psychology of strategic choice

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M Dufwenberg, S Gächter… - 2006 - econ.eller.arizona.edu
Abstract: Psychological game theory can provide a rational choice explanation of framing
effects; frames influence beliefs, and beliefs influence motivations. We explain this point
theoretically, and explore its empirical relevance experimentally. In a 2× 2-factorial ...
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Social norms and moral hazard

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M Dufwenberg… - The Economic Journal, 2001 - Wiley Online Library
We examine the impact of social rewards in an unemployment insurance context. A social
norm requires effort in proportion to perceived talent, but individuals cunningly choose effort
so as to manipulate the perception of their talent. The model predicts that low talented ...
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Admissibility and common belief

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GB Asheim… - Games and Economic Behavior, 2003 - Elsevier
The concept of 'fully permissible sets' is defined by an algorithm that eliminates strategy
subsets. It is characterized as choice sets when there is common certain belief of the event
that each player prefer one strategy to another if and only if the former weakly dominates ...
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[PDF] Discrimination by gender and social distance

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M Dufwenberg… - Research Papers in Economics, 2002 - Citeseer
Abstract: We examine experimentally how a person's generosity depends on the sex of that
person, on the sex of the person who is the target of the generous act, and on the degree of
anonymity between the interacting parties. In our data fewer men than women give non- ...
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Indirect evolution vs. strategic delegation: a comparison of two approaches to explaining economic institutions

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M Dufwenberg, W Güth - European Journal of Political Economy, 1999 - Elsevier
Two major methods of explaining economic institutions are compared for the case of a
homogenous quadratic duopoly market. In the indirect evolutionary approach, sellers may
evolve to care for sales, in addition to profit. In the strategic delegation approach, sellers ...
Cited by 35 - Related articles - Library Search - All 21 versions

Existence and uniqueness of maximal reductions under iterated strict dominance

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M Dufwenberg… - Econometrica, 2002 - Wiley Online Library
Iterated elimination of strictly dominated strategies is an order dependent procedure. It can
also generate spurious Nash equilibria, fail to converge in countable steps, or converge to
empty strategy sets. If best replies are well–defined, then spurious Nash equilibria cannot ...
Cited by 35 - Related articles - BL Direct - All 18 versions

Price floors and competition

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M Dufwenberg, U Gneezy, JK Goeree… - Economic Theory, 2007 - Springer
Abstract A potential source of instability of many economic models is that agents have little
incentive to stick with the equilibrium. We show experimentally that this can matter with price
competition. The control variable is a price floor, which increases the cost of deviating from ...
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Gender composition in teams

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M Dufwenberg… - Journal of Economic Behavior & Organization, 2006 - Elsevier
How does gender composition influence team decisions? Our evidence from a group
dictator game is:(i) groups are more generous and equalitarian when women are in majority,
but (ii) the most generous groups are those with two men and one woman.
Cited by 28 - Related articles - All 16 versions

Bare promises: An experiment

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G Charness, M Dufwenberg - Economics Letters, 2010 - Elsevier
Previous research has demonstrated that people have some degree of aversion to lying. 1 An
important research topic is concerned with why this is the case. Charness and Dufwenberg
(2006) (henceforth, “CD”) suggest that this happens because decision-makers dislike ...
Cited by 22 - Related articles - All 9 versions

Other-regarding preferences in general equilibrium

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M Dufwenberg, P Heidhues… - The Review of …, 2011 - restud.oxfordjournals.org
Abstract We study competitive market outcomes in economies where agents have other-
regarding preferences (ORPs). We identify a separability condition on monotone
preferences that is necessary and sufficient for one's own demand to be independent of ...
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Epiphany in the Game of 21

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M Dufwenberg, R Sundaram… - Journal of …, 2010 - researchrepository.murdoch.edu.au
Does performance in strategic settings depend on whether players realize that an optimal
way to play is feasible? We introduce a zero-sum game of perfect information, simple
enough to allow computation of optimal play yet sufficiently complicated that most ...
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[PDF] Deception: The role of guilt

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G Charness, M Dufwenberg - UC Santa Barbara and University of …, 2005 - mail.eaer.org
Uri Gneezy (2005) reports intriguing experimental evidence indicating that people do not
like to lie. His subjects deceive only if they thereby gain a lot, or impose little loss. At first
glance one might think a simple cost of lying is involved. However, as a general ...
Cited by 18 - View as HTML

Manufacturing investment and taxation in the Nordic countries

M Dufwenberg, H Koskenkylä… - The Scandinavian Journal of …, 1994 - JSTOR
The accumulation of fixed productive capital in the manufacturing industries of Denmark,
Finland, Norway, and Sweden is analyzed for the period 1965-90. Particular attention is
given to the effect of taxes on this process. The following conclusions appear fairly robust ...
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Deductive Reasoning in Extensive Games*

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GB Asheim… - The Economic Journal, 2003 - Wiley Online Library
We justify the application to extensive games of a model of deductive reasoning based on
three key features:'caution','full belief of opponent rationality', and 'no extraneous restrictions
on beliefs'. We apply the model to several examples, and show that it yields novel ...
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Participation

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G Charness, M Dufwenberg - The American Economic …, 2011 - ingentaconnect.com
Abstract: We show experimentally that whether and how communication achieves beneficial
social outcomes in a hidden-information context depends crucially on whether low-talent
agents can participate in a Pareto-improving outcome. Communication is effective (and ...
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The framing of games and the psychology of play

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M Dufwenberg, S Gachter… - Games and Economic …, 2011 - Elsevier
Psychological game theory can provide rational-choice-based framing effects; frames
influence beliefs, beliefs influence motivations. We explain this theoretically and explore
empirical relevance experimentally. In a 2× 2 design of one-shot public good games we ...
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[BOOK] Efficiency, reciprocity, and expectations in an experimental game

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M Dufwenberg, U Gneezy… - 1996 - arno.uvt.nl
ABSTRACT: We experimentally investigate the nature of strategic interaction in a 2-player
game. Player 1 may take x Dutch guilders (fx) and end the game (player 2 then gets f 0), or
let player 2 split f 20 between the players. x is a treatment variable taking values of f 4, 7, ...
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Gender & coordination

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M Dufwenberg… - Experimental business research, 2005 - Springer
Groups of six females or six males play the minimal effort coordination game for ten periods.
Small differences in coordination are found in the initial stages but not in the final stages.
Besides reporting this result, we raise a methodological issue: Is there a bias in the ...
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[BOOK] Bubbles and experience: An experiment on speculation

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M Dufwenberg, T Lindqvist, E Moore… - 2003 - udesa.edu.ar
Abstract: We investigate experimentally how the share of experienced traders in
doubleauction asset markets affects trading, in particular the occurrence of bubble-crash
pricing patterns. In each session, six subjects trade in three successive market rounds and ...
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[CITATION] Schmidt (2006): The Framing of Games and the Psychology of Strategic Choice

M Dufwenberg, S Gachter… - CeDEx Discussion Paper
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Peter Bohm: Father of field experiments

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M Dufwenberg, GW Harrison - Experimental Economics, 2008 - Springer
Peter Bohm (1935–2005) was the father of modern field experiments. He clearly understood
and stated the differences between laboratory experiments and experiments with field
counterparts. His research was a clear precursor to the methodology that is now becoming ...
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Why do you hate me?: On the survival of spite

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M Dufwenberg, W Güth - Economics Letters, 2000 - Elsevier
Spite involves harming others without good reasons. It may survive in small populations or
on markets with strategic substitutes. We consider situations where selfishness helps
efficiency. Here spite endangers efficiency, but is wiped out by evolutionary forces.
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HOLD‐UP: WITH A VENGEANCE

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M Dufwenberg, A Smith… - Economic Inquiry, 2008 - Wiley Online Library
When contracts are incomplete or unenforceable, inefficient levels of investment may occur
because of hold-up. If individuals care for negative reciprocity, these problems may be
reduced, as revenge becomes a credible threat. However, negative reciprocity has this ...
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[CITATION] Promises, Promises

G Charness, M Dufwenberg - 2003 - IUI Stockholm Working Paper
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[PDF] Psychological games

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M Dufwenberg - The New Palgrave Dictionary of Economics, 2008 - econ.eller.arizona.edu
Abstract: Traditional game-theoretic models assume that utilities depend only on actions.
This is not sufficient for describing the motivations and choices of decision makers who care
about reciprocity, emotions, or social rewards. Psychological games allow utilities to ...
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Inconsistencies in extensive games

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M Dufwenberg… - Erkenntnis, 1996 - Springer
In certain finite extensive games with perfect information, Cristina Bicchieri (1989) derives a
logical contradiction from the assumptions that players are rational and that they have
common knowledge of the theory of the game. She argues that this may account for play ...
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[CITATION] Evolutionary selection dynamics and irrational survivors

J Björnerstedt, P Norman, JW Weibull… - 1994 - Stockholm University
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[CITATION] Time-consistent Wedlock with endogenous trust

M Dufwenberg - On Rationality and Belief Formation in Games, Doctoral …, 1995
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[CITATION] Discrimination by gender and political correctness

M Dufwenberg… - Unpublished manuscript, 2000
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[BOOK] The psychological game of trust

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M Dufwenberg, W Güth - 2004 - econ.eller.arizona.edu
Abstract Two traditional assumptions in neo-classical economics have been material self-
interest and (commonly known) decision rationality. Since there is ample contradictory
empirical evidence, many recent attempts have been made to remodel the situation so ...
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Triangulating the neural, psychological, and economic bases of guilt aversion

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LJ Chang, A Smith, M Dufwenberg… - Neuron, 2011 - Elsevier
Summary Why do people often choose to cooperate when they can better serve their
interests by acting selfishly? One potential mechanism is that the anticipation of guilt can
motivate cooperative behavior. We utilize a formal model of this process in conjunction ...
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[BOOK] Price competition and market concentration: an experimental study

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M Dufwenberg, U Gneezy… - 1998 - qvar.nek.uu.se
Abstract: The classical price competition model (named after Bertrand), prescribes that in
equilibrium prices are equal to marginal costs. Moreover, prices do not depend on the
number of competitors. Since this outcome is not in line with real-life observations, it is ...
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[PDF] Price competition: The role of gender and education

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M Dufwenberg, U Gneezy… - … in Understanding Strategic …, 2004 - econ.arizona.edu
Abstract: Previous research has indicated that men and women cope differently with
competition. We test for related effects in the context of a simple price competition game,
controlling for the gender of the competitors and also for the amount of instruction in ...
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[CITATION] Hidden information, participation, and communication

G Charness, M Dufwenberg - Unpublished Paper (University of California, Santa …, 2009
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[BOOK] Reciprocity and Wage Undercutting

[PDF] from psu.edu
M Dufwenberg, G Kirchsteiger… - 1999 - Citeseer
Abstract: It is well-documented that employers refuse to hire workers who offer their services
at less than the prevailing wage. The received explanation is that workers are motivated by
reciprocity they desire to reward kindness and punish hostility. To refuse an outsider's ...
Cited by 3 - Related articles - View as HTML - Get it from MIT Libraries - Library Search - All 8 versions

[CITATION] Tie-break rationality and tie-break rationalizability

M Dufwenberg… - 1994 - Department of Economics, Uppsala …
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[CITATION] Heike Hennig-Schmidt. 2008

M Dufwenberg… - The Framing of Games and the Psychology of Play.” …, 2008
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[BOOK] Gender in committees

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M Dufwenberg… - 2004 - Citeseer
Abstract: How does a group's gender composition influence its decisions? Economists have
found women to be more generous and egalitarian than men, so one might expect groups
with more women to be more generous/egalitarian. Group polarization, whereby ...
Cited by 3 - Related articles - View as HTML - Get it from MIT Libraries - All 11 versions

[CITATION] iA Theory of Sequential Reci $ procity, jGames and Economic Behavior, 47

M DuFwenberg… - $298, 2004
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Teaching Cournot without derivatives

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M Dufwenberg - The Journal of Economic Education, 2001 - Taylor & Francis
Abstract The author presents a simple technique for teaching the Cournot model to first-year
students. The approach involves demonstrating to the students that out of all rectangles with
a common perimeter, the square has the greatest area. No use is made of derivatives. The ...
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[PDF] Time consistent matrimony with endogenous trust

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M Dufwenberg - Ms, Tilburg University, 1996 - uu.diva-portal.org
ABSTRACT: A simple model of marriage and divorce predicts that no marriages occur. Yet,
in real life, people marry all the time in seemingly similar situations. This discordance is
explained using psychological game theory. An emotional guilt effect is explicitly modeled ...
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Indirect evolution vs. strategic delegation: A Comparison of Two Approaches to Explaining Economic Institutions

D Martin - 1999 - ukpmc.ac.uk
: The two major methods of explaining economic institutions, namely by strategic choices or
by (indirect) evolution, are compared for the case of a homogenous quadratic duopoly
market. Sellers either can provide incentives for their agents to care for sales (amounts) or ...
Cited by 3 - Cached

[CITATION] A Theory of Sequential Rationality

M Dufwenberg… - Center for Economic Research, 1998
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[CITATION] The role of other-regarding preferences in competitive markets

P Heidhues, G Kirchsteiger, M Dufwenberg… - 2007 - Technical report, University of …
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[CITATION] Dynamic psychological games. September 21 2005

P Battigalli… - University of Arizona Working Paper
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[CITATION] VGuilt in Games

P Batigalli, M Dufwenberg - V AEA Papers and Proceedings, 2007
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[PDF] Book Review

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M Dufwenberg - Journal of Economic Psychology, 2007 - econ.arizona.edu
Most of economics uses sophisticated analytical methods, but relies on relatively simplistic
assumptions about human nature. Research in neighboring social sciences, by contrast,
generally uses less mathematics while entertaining a richer description of man. ...
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[CITATION] forthcoming,“Promises and Partnerships,”

G Charness, M Dufwenberg - Econometrica
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[CITATION] Joel Sobel.(2008)" Other-regarding Preferences in General Equilibrium."

M Dufwenberg, P Heidhues, G Kirchsteiger… - CEPR Discussion Paper Series, …
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[BOOK] When order matters for iterated strict dominance

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M Dufwenberg, M Stegeman… - 1999 - Citeseer
Abstract: Iterated elimination of strictly dominated strategies is an order dependent
procedure. It need not converge in countable steps and may generate spurious Nash
equilibria. If strategy spaces are compact and payoff functions continuous, then order does ...
Cited by 2 - Related articles - View as HTML - Get it from MIT Libraries - Library Search - All 12 versions

[CITATION] On rationality and belief formation in games

M Dufwenberg - 1995 - getcited.org
An academic directory and search engine.
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[PDF] Play to learn? An experiment

[PDF] from arizona.edu
M Dufwenberg… - Experimental Economics Center …, 2009 - econ.arizona.edu
Abstract: Does playing a game in class improve students' ability to analyze the game using
game theory? We report results from an experimental design which allows us to test a series
of related hypotheses. We fail to find support for the conjectured learning-enhancing ...
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[CITATION] VBroken Promises: An Exper (imentV UC Santa Barbara: Department of Economics, UCSB

G Charness, M Dufwenberg
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Some relationships between evolutionary stability criteria in games

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M Dufwenberg - Economics Letters, 1997 - Elsevier
I study the relations between three old and two new criteria of evolutionary stability in
games: evolutionary stability (Maynard-Smith and Price, 1973), neutral stability
(Maynard-Smith, 1982), robustness against equilibrium entrants (Swinkels, 1992), ...
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[BOOK] Procurement and information feedback

[PDF] from socionet.ru
M Dufwenberg, U Gneezy… - 2000 - socionet.ru
Abstract: A government that regularly procures the services of construction companies wants
to minimize its costs. The instrument it can use is the level of information feedback given to
the firms in the market. Theoretically, the competition between firms is supposed to drive ...
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THE NINTH WORLD CONGRESS of the Econometric Society will be held at University College London, London, from August 18th to August 24th, 2005. The congress …

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R Blundell, A Abadie, D Acemoglu… - …, 2005 - Wiley Online Library
THE 2006 NORTH AMERICAN SUMMER MEETING of the Econometric Society will be
hosted by the Economics Department of the University of Minnesota and will be held at the
University of Minnesota, Minneapolis, MN, from June 22 to June 25, 2006. The program ...
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[BOOK] Indirect evolution versus strategic delegation

[PDF] from uu.se
M Dufwenberg, W Güth… - 1997 - nek.uu.se
Abstract: Two major methods of explaining economic institutions, namely by strategic
choices or through (indirect) evolution, are compared for the case of a homogenous
quadratic duopoly market. Sellers either can provide incentives for agents to care for sales ...
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[PDF] August 7, 2010 For Wiley Interdisciplinary Reviews: Cognitive Science

[PDF] from psu.edu
M Dufwenberg - 2010 - Citeseer
Abstract: Game theory is a toolkit for examining situations where decision makers influence
each other. I discuss the nature of game-theoretic analysis, the history of game theory, why
game theory is useful for understanding human psychology, and why game theory has ...
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Classical Market Outcomes with Non" Classical Preferences!

[PDF] from arizona.edu
G Kirchsteiger… - 2007 - papers.ssrn.com
Abstract: There is widespread conjecture that distributional concerns like fairness and
altruism, found to shape people's behavior in small group situations, have no impact on
trading in markets with many participants. We explore the issue analytically by considering ...
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The editor and associate editors are grateful for the help of the following referees from October 11, 2007, to October 10, 2008

S Allgood, F Alvarez-Cuadrado, K Anderson… - Heldref Publications
The editor and associate editors are grateful for the help of the following referees from October
11, 2007, to October 10, 2008: ... Sam Allgood University of Nebraska, Lincoln Francisco
Alvarez-Cuadrado McGill University Kim Anderson Oklahoma State University Carlos ...
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[PDF] ECORE DISCUSSION PAPER Classical Market Outcomes with Non-Classical Preferences

[PDF] from ecore.be
G Kirchsteiger… - 2007 - ecore.be
Abstract There is widespread conjecture that distributional concerns like fairness and
altruism, found to shape people's behavior in small group situations, have no impact on
trading in markets with many participants. We explore the issue analytically by considering ...
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A Theory Of Sequential Reciprocity*

D Martin, K Georg - ukpmc.ac.uk
Many experimental studies indicate that people are motivated by reciprocity. Rabin (1993)
develops techniques for incorporating such concerns into game theory and economics. His
theory isdeveloped for normal form games, and he abstracts from information about the ...
Cached

Royal Economic Society

M Obstfeld, AM Taylor, S Ghosal, M Miller… - The Economic …, 2003 - res.org.uk
What determines sovereign risk? We study the London bond market from the 1870s to the
1930s. Our findings support conventional wisdom concerning the low credibility of the
interwar gold standard. Before 1914 gold standard adherence effectively signalled ...
Cached - Get it from MIT Libraries - All 2 versions

[CITATION] Psychological games: theory & experiments

M Dufwenberg - Proceedings of the Behavioral and Quantitative Game …, 2010 - dl.acm.org
Abstract Belief-dependent motivation is important for understanding economic outcomes
regarding eg anxiety & health, status & conformity, vengeance & wage rigidity, and guilt &
contracts. The intellectual/mathematical home for describing belief-dependent motivation ...

[PDF] Economic Instruction

[PDF] from psu.edu
M Dufwenberg - Citeseer
Abstract: The author presents a simple technique for teaching the Cournot model to first-year
students. The approach involves demonstrating to the students that out of all rectangles with
a common perimeter, the square has the greatest area. No use is made of derivatives. The ...
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DP6815 Other-Regarding Preferences in General Equilibrium

M Dufwenberg, P Heidhues, G Kirchsteiger… - 2008 - cepr.org
We study competitive market outcomes in economies where agents have other-regarding
preferences. We identify a separability condition on monotone preferences that is necessary
and sufficient for one's own demand to be independent of the allocations and ...
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[CITATION] Why do you hate me?

Full text - MIT Libraries
M Dufwenberg, W Güth - Economics Letters, 2004 - Elsevier Science

[CITATION] Reciprocity and wage undercutting

G Kirchsteiger… - ULB Institutional Repository, 2000 - econpapers.repec.org
... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Reciprocity and wage undercutting. Georg Kirchsteiger () and Martin Dufwenberg. ...
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[PDF] Play Games to Learn Game Theory? An Experiment

[PDF] from arizona.edu
M Dufwenberg… - 2010 - u.arizona.edu
Abstract: Does playing a game in class improve students' ability to analyze the game using
game theory? We report results from an experimental design which allows us to test a series
of related hypotheses. We fail to find support for the conjectured learning-enhancing ...
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[CITATION] Royal Economic Society

GB Asheim… - The Economic Journal, 2003 - res.org.uk
We justify the application to extensive games of a model of deductive reasoning based on
three key features:'caution','full belief of opponent rationality', and 'no extraneous restrictions
on beliefs'. We apply the model to several examples, and show that it yields novel ...
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[PDF] Dynamic Psychological Games: Omitted Material

[PDF] from arizona.edu
P Battigalli… - 2007 - u.arizona.edu
Abstract This manuscript collects proofs and other material omitted from Dy# namic
Psychological Games, mimeo, November 2007 (DPG). To make it more self% contained, key
definitions and results of the main paper are in% cluded. For the convenience of readers ...
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[PDF] Manufacturing Investment and Taxation in the Nordic Countries

[PDF] from suomenpankki.fi
MDHKJ Södersten - 1994 - suomenpankki.fi
Abstract This paper analyzes the accumulation of fixed productive capitai in the
manufacturing industries in Denmark, Finland, Norway, and Sweden over the years 1965-
1990. Particular attention is given to the effect of taxes on this process. The following ...
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ofEcWWWSW Behavior Organization Vol. 48 (2002) 431--444 Informationdiscmatio inaucSSC--an experiment

I Informationdiscmatio, E An, D Martin… - ukpmc.ac.uk
We report experimental results on theimportancofinformationdiscmatio policyinfirst-pric
sealed-bidauced-biInteracd--A takesplac in 10 periodsaciods--fi toarandom-matc;--c protoc-
mand wec--AW-; the level ofinformationfeedbac biddersreceveaftereacperiod. When ...
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[PDF] Incorporating Belief&Dependent Motivations in Games

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P Battigalli… - 2009 - didattica.unibocconi.it
Abstract Belief&dependent preferences allow to represent the impact of feelings and con&
cerns about the feelings and opinions of others on decision making and strategic behavior.
In Dynamic Psychological Games (JET, 2009, henceforth DPG), we put forward and ...
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Play to Learn? An Experiment

J Swarthout… - 2011 - papers.ssrn.com
Abstract: Does playing a game in class improve students' ability to analyze the game using
game theory? We report results from an experimental design which allows us to test a series
of related hypotheses. We fail to find support for the conjectured learning-enhancing ...

[PDF] Reinterpreting Deception?

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M Dufwenberg… - 2009 - econ.arizona.edu
One of us wrote a paper on the human propensity to deceive, reporting evidence that people
lie more when their gain goes up and less when the loss to the other increases. 1 It was
shown how a variety of models–call them the models in set A–can't account for the ...
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[PDF] December 2, 2009 For Wiley Interdisciplinary Reviews: Cognitive Science

[PDF] from ua.edu
M Dufwenberg - 2009 - bama.ua.edu
Abstract: Game theory is a toolkit for examining situations where decision makers influence
each other. I discuss the nature of game-theoretic analysis, the history of game theory, why
game theory is useful for understanding human psychology, and why game theory has ...
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Ep< i> i</i> ph< i> a</i> ny< i> i</i> nt< i> h</i> e G< i> a</i> me< i> o</i> f 2< i> 1</i>

Full text - MIT Libraries
M Dufwenberg, R Sundaram… - Journal of Economic Behavior & …, 2010 - Elsevier
Does performance in strategic settings depend on whether players realize that an optimal
way to play is feasible? We introduce a zero-sum game of perfect information, simple
enough to allow computation of optimal play yet sufficiently complicated that most ...
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Royal Economic Society

S Norms, M Hazard, M Dufwenberg… - The Economic Journal, 2001 - res.org.uk
We examine the impact of social rewards in an unemployment insurance context. A social
norm requires effort in proportion to perceived talent, but individuals cunningly choose effort
so as to manipulate the perception of their talent. The model predicts that low talented ...
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[CITATION] Evolutionary Selection Dynamics and Irrational Survivors* Jonas Bjornerstedt1, Martin Dufwenberg2, Peter Norman3, and Jorgen W. Weibull4

J Bjornerstedt, M Dufwenberg… - … interaction: essays in …, 1997 - Springer Verlag
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[CITATION] Future Research in the Social, Behavioral & Economic Sciences

G Charness, M Dufwenberg - 2011 - papers.ssrn.com
... Title: Prize good research! Authors: Gary Charness (UCSB) & Martin Dufwenberg (U of Arizona)
Abstract: We propose that rather than financing projects that have been proposed, the NSF
should award prizes for research that has already been done. ...

Modeling Bounded Rationality, Ariel Rubinstein. MIT Press, 1998, xii+ 208 pages.

Full text - MIT Libraries
M Dufwenberg - Economics and Philosophy, 2001 - Cambridge Univ Press
We are always intrigued by investigations of past thought that examine controversies in
terms of their own cultural milieux and conceptual frameworks. It is equally enriching when
the researcher has the erudition to correlate the issues of the past with the evolution of ...
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[PDF] Behavioural Economics

[PDF] from cesifo-group.de
MD andMaroš Servátka - 2011 - cesifo-group.de
Abstract We develop, and experimentally test, a behavioral model of dealmaking which
includes binding contracts and informal agreements as distinct but related special cases.
The key behavioral assumptions are: people are mostly honest; they suffer costs of ...
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[CITATION] Evolutionary Selection Dynamics and Irrational Survivors

M Dufwenberg, J Bjornerstedt, P Norman… - … Interaction: Essays in …, 1996 - narcis.nl
KNAW Narcis. Back to search results. Publication Evolutionary Selection Dynamics
and Irrational Survivors (1996). Pagina-navigatie: Main. Title, Evolutionary Selection
Dynamics and Irrational Survivors. Published in, Understanding ...
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