Männer schöpfen Märkte besser aus - Empirische Evidenz anhand des Unternehmensplanspiels SINTO-Markt
AbstractThe management game SINTO-Market was originally developed and programmed by Otwin Becker and Reinhard Selten and is recently performed at the University of Graz. The decisions are made by groups of students, each group represented by one of the three firms. The game SINTO-market puts the players in a competitive situation in the branded food product sector, in which the managers have to find the most successful strategies for advertising expenses, investments, production and price settings. It is interesting to see that much can be learned about human behaviour in complex economic decision situations from experimental research management games. Surprisingly the results presented here show significant differences between genders. Male participants gain higher profits than females, mainly by higher prices. Mixed groups, however, behave in a very similar way as male groups do. Copyright 2006 die Autoren Journal compilation 2006, Verein für Socialpolitik und Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.
Volume (Year): 7 (2006)
Issue (Month): 4 (November)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1465-6493
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- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory Of Fairness, Competition, And Cooperation,"
The Quarterly Journal of Economics,
MIT Press, vol. 114(3), pages 817-868, August.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Ernst Fehr & Klaus M. Schmidt, . "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
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