Browsing by Author "van Damme, Eric"
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Working Paper An Experimental Test of Direct and Indirect Reciprocity in Case of Complete and Incomplete Information(2000) Dufwenberg, Martin; Gneezy, Uri; Güth, Werner; van Damme, Eric"Direct reciprocity means to respond in kind to another person whereas indirect reciprocity is understood here as rewarding someone else. We perform corresponding experiments which use a similar underlying structure as the reciprocity experiment of Berg, Dickhaut, and McCabe (1995). Another variation concerns the information about the multiplier of donations where we compare the benchmark case with a commonly known multiplier to a condition where the multiplier is known for sure only by donators. Questions which we try to answer are: Will indirect reciprocity induce higher or lower donations?, will donators with the high multiplier 'hide behind the small one?', how do receivers respond to the different situations?"Working Paper Information, Strategic Behavior and Fairness in Ultimatum Bargaining; An Experimental Study(1993) Güth, Werner; van Damme, Eric"This paper reports on an experimental study of ultimatum bargaining situations in which an inactive third player is present. The proposer X makes a proposal(x,y, z) on how to divide a cake between X, Y and Z. Information, a message m, about this proposal is sent to the responder Y who has to decide whether to accept or reject the proposal. If Y accepts, each player gets paid according to the proposal, otherwise each player gets zero. There are three possible messages m = (x, y, z),rh = y, and m = z. The information condition is common knowledge. The main regularity observed is that, the extent of strategic behavior decreases with the information content of the message."