z-Tree: Zurich toolbox for ready-made economic experiments
TLDR
Z-Tree as mentioned in this paper is a toolbox for ready-made economic experiments, which allows programming almost any kind of experiments in a short time and is stable and easy to use.Abstract:
z-Tree (Zurich Toolbox for Ready-made Economic Experiments) is a software for developing and conducting economic experiments. The software is stable and allows programming almost any kind of experiments in a short time. In this article, I present the guiding principles behind the software design, its features, and its limitations.read more
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Higher Order Risk Attitudes, Demographics, and Financial Decisions
TL;DR: The authors conducted an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a large demographically representative sample, as well as in a sample of undergraduate students.
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Onymity promotes cooperation in social dilemma experiments.
Zhen Wang,Zhen Wang,Marko Jusup,Rui-Wu Wang,Rui-Wu Wang,Lei Shi,Yoh Iwasa,Yamir Moreno,Yamir Moreno,Jürgen Kurths,Jürgen Kurths,Jürgen Kurths +11 more
TL;DR: It is proved that reducing anonymity is a valid promoter of cooperation, leading to higher payoffs for cooperators and thus suppressing an incentive—anonymity—that would ultimately favor defection.
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Fight or Flight? Defending against Sequential Attacks in the Game of Siege
TL;DR: Examination of theory and behavior in a two-player game of siege, sequential attack and defense indicates that the probability of successful defense increases in the defenders valuation and it decreases in the overall number of battles in the contest.
Journal ArticleDOI
Punishment diminishes the benefits of network reciprocity in social dilemma experiments.
Xuelong Li,Marko Jusup,Zhen Wang,Hui-Jia Li,Lei Shi,Boris Podobnik,H. Eugene Stanley,Shlomo Havlin,Stefano Boccaletti +8 more
TL;DR: While network reciprocity fulfilled its expected role, costly punishment proved to be surprisingly ineffective in promoting cooperation, suggesting that the rational response to punishment assumed in theoretical studies is overly stylized and needs reexamining.
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Entry into Winner-Take-All and Proportional-Prize Contests: An Experimental Study
TL;DR: In this article, the authors compare the performance of two contest designs: a standard winnertake-all tournament with a single fixed prize, and a novel proportional-payment design in which that same prize is divided among contestants by their share of total achievement.
References
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z-Tree - Zurich toolbox for readymade economic experiments: experimenter's manual
TL;DR: The z-tree toolbox for readymade economic experiments as discussed by the authors allows to program and conduct a wide range of experiments, including simultaneous and sequential games as well as market experiments and posted offer markets.
Journal ArticleDOI
A simple mechanism for the efficient provision of public goods - experimental evidence
TL;DR: In this paper, a series of experiments designed to investigate the factor of incentive mechanisms in the case of private provisions of public goods is presented. But the results showed that the proposed incentive mechanism is very promising.
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RatImage - research Assistance Toolbox for Computer-Aided Human Behavior Experiments
Klaus Abbink,Abdolkarim Sadrieh +1 more
TL;DR: RatImage contains Borland Turbo Pascal constans, variables, functions, and procedures which, when used, relieve programmers of many tedious and complex tasks, like graphical output, keyboard handling, mouse control, file access, and network communication.