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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Crater-Hopping: Observing the Moon on Day 4,ary pilot study) that behaviour is not optimal in an absolute sense, but that its comparative static implications agree with those of optimality theory. In total, 128 subjects performed the experiment: 8 for each of 16 parameter sets. Preliminary analysis lends support to our proposition.

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Mental Representation in Multistage Decision Makingwhich is related to the concept of locus of control of reinforcement. In section 5 the function of the mental representation in the definition of goals is discussed. Sections 4 and 5 contain some experimental results.

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https://doi.org/10.1007/978-3-319-92411-3ries of experimental studies the multiattribute utility maximation model was tested and the degree of context influences was examined. A comparison of different individualistic strategies for decision making will be discussed.

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Determination of Spectral Propertiesct to predict mediator strategy. In Experiment 1, the model was supported; in Experiment 2, derivative hypotheses were tested about the effects of mediator strategy on bargainer concessions. These hypotheses, which also were supported, suggest that mediator strategies are critical strategic factors in bargaining.