Titlebook: Bounded Rational Behavior in Experimental Games and Markets; Proceedings of the F Reinhard Tietz,Wulf Albers,Reinhard Selten Conference pro

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A Preliminary Analysis of a Large-Scale Experimental Investigation into Consumption under Uncertaints of the famous Hall theory of optimal consumption under income uncertainty, and, in particular, to test the proposition (revealed to us in a preliminary pilot study) that behaviour is not optimal in an absolute sense, but that its comparative static implications agree with those of optimality theor

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Mental Representation in Multistage Decision Makingut the paper a simple investment task is referred to, which can be interpreted as a multistage betting game. This task is described in section 1, and also a specific operationalization (breeding lizards task). In Section 2 a first coarse analysis of the the general process of dealing with a multista

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Stability and Outcome Tradeoffs in Asymmetric Dilemmas: Conditions Promoting the Discovery of Alternferent known outcomes if they mutually cooperate or mutually noncooperate. This context thus addresses dilemmas in general rather than the unlikely but more often studied symmetric dilemma. Observations from a series of studies indicate that, in dilemmas that provide one party with leverage and the

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The Influence of Social Orientation and Generalized Expectancies on Decision Making in Iterated Experent degrees of conflict severity. The variables were recorded with a computer assisted questionnaire and during the initial period of a sequence of games. Results from 106 subjects showed that their social ’motives’ remained essentially stable across the different games. Expectancies and choices we

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