The Impact of Experimental Game Theory on Economics and the Analysis of the Economic Behaviour in Bargaining and Cooperative Games Cover Image

Impactul teoriei experimental asupra ştiinţei economice şi analiza comportamentului economic în jocurile de negociere şi cooperare
The Impact of Experimental Game Theory on Economics and the Analysis of the Economic Behaviour in Bargaining and Cooperative Games

Author(s): Larissa-Margareta Bătrâncea
Subject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: experimental games; ultimatum game; public goods game; bargaining; cooperation

Summary/Abstract: In order to show the impact of Experimental Game Theory on Economics I present a brief history of the experiments organized in the past decades. Then, I exemplify with two of the most popular experimental games, ultimatum game and public goods game. The fi rst game belongs to the bargaining experimental games, whilst the second belongs to the cooperative experimental games. For each of these two games I try to analize the way in which the economic behaviour infl uences the results of the experiments.

  • Issue Year: 2008
  • Issue No: 02
  • Page Range: 5-16
  • Page Count: 12
  • Language: Romanian