Simultaneous vs. sequential requests in resource dilemmas with incomplete information

David V. Budescu; Amnon Rapoport; Ramzi Suleiman

doi:10.1016/0001-6918(92)90052-F

Simultaneous vs. sequential requests in resource dilemmas with incomplete information

David V. Budescu, Amnon Rapoport, Ramzi Suleiman

Department of Psychology

Research output: Contribution to journal › Article › peer-review

Abstract

We consider a class of resource dilemmas of the following form: members of groups of size n are asked to share a common resource pool whose exact size, x, is not known. Rather, x is sampled randomly from a probability distribution which is common knowledge. Each group member j (j = 1,...,n) requests r_j from the resource pool. Requests are made either simultaneously or sequentially. If (r₁+r₂+...+r_n)≤ x all members are granted their requests; otherwise, group members get nothing. For each protocol of play we present two alternative models - a game theoretical equilibrium solution and a psychological model incorporating the notion of focal points. We then report the results of two experiments designed to compare the two models under the two protocols of play.

Original language	English
Pages (from-to)	297-310
Number of pages	14
Journal	Acta Psychologica
Volume	80
Issue number	1-3
DOIs	https://doi.org/10.1016/0001-6918(92)90052-F
State	Published - Aug 1992

Bibliographical note

Funding Information:
* The research reported in this paper was supported in part by a Fund for Basic Research Grant from the Israeli National Academy of Science and Humanities, and in part by Grant No. SE%9107439 from the U.S. National Science Foundation. Correspondence ro: D.V. Budescu, Dept. of Psychology, University of Haifa, Haifa 31905, Israel. E-mail: rsps308@haifauvm

ASJC Scopus subject areas

Experimental and Cognitive Psychology
Developmental and Educational Psychology
Arts and Humanities (miscellaneous)

Access to Document

10.1016/0001-6918(92)90052-F

Cite this

@article{e5ac6dd15b464376b45a8c08fe9e5343,

title = "Simultaneous vs. sequential requests in resource dilemmas with incomplete information",

abstract = "We consider a class of resource dilemmas of the following form: members of groups of size n are asked to share a common resource pool whose exact size, x, is not known. Rather, x is sampled randomly from a probability distribution which is common knowledge. Each group member j (j = 1,...,n) requests rj from the resource pool. Requests are made either simultaneously or sequentially. If (r1+r2+...+rn)≤ x all members are granted their requests; otherwise, group members get nothing. For each protocol of play we present two alternative models - a game theoretical equilibrium solution and a psychological model incorporating the notion of focal points. We then report the results of two experiments designed to compare the two models under the two protocols of play.",

author = "Budescu, {David V.} and Amnon Rapoport and Ramzi Suleiman",

note = "Funding Information: * The research reported in this paper was supported in part by a Fund for Basic Research Grant from the Israeli National Academy of Science and Humanities, and in part by Grant No. SE%9107439 from the U.S. National Science Foundation. Correspondence ro: D.V. Budescu, Dept. of Psychology, University of Haifa, Haifa 31905, Israel. E-mail: rsps308@haifauvm",

year = "1992",

month = aug,

doi = "10.1016/0001-6918(92)90052-F",

language = "English",

volume = "80",

pages = "297--310",

journal = "Acta Psychologica",

issn = "0001-6918",

publisher = "Elsevier",

number = "1-3",

}

TY - JOUR

T1 - Simultaneous vs. sequential requests in resource dilemmas with incomplete information

AU - Budescu, David V.

AU - Rapoport, Amnon

AU - Suleiman, Ramzi

N1 - Funding Information: * The research reported in this paper was supported in part by a Fund for Basic Research Grant from the Israeli National Academy of Science and Humanities, and in part by Grant No. SE%9107439 from the U.S. National Science Foundation. Correspondence ro: D.V. Budescu, Dept. of Psychology, University of Haifa, Haifa 31905, Israel. E-mail: rsps308@haifauvm

PY - 1992/8

Y1 - 1992/8

N2 - We consider a class of resource dilemmas of the following form: members of groups of size n are asked to share a common resource pool whose exact size, x, is not known. Rather, x is sampled randomly from a probability distribution which is common knowledge. Each group member j (j = 1,...,n) requests rj from the resource pool. Requests are made either simultaneously or sequentially. If (r1+r2+...+rn)≤ x all members are granted their requests; otherwise, group members get nothing. For each protocol of play we present two alternative models - a game theoretical equilibrium solution and a psychological model incorporating the notion of focal points. We then report the results of two experiments designed to compare the two models under the two protocols of play.

AB - We consider a class of resource dilemmas of the following form: members of groups of size n are asked to share a common resource pool whose exact size, x, is not known. Rather, x is sampled randomly from a probability distribution which is common knowledge. Each group member j (j = 1,...,n) requests rj from the resource pool. Requests are made either simultaneously or sequentially. If (r1+r2+...+rn)≤ x all members are granted their requests; otherwise, group members get nothing. For each protocol of play we present two alternative models - a game theoretical equilibrium solution and a psychological model incorporating the notion of focal points. We then report the results of two experiments designed to compare the two models under the two protocols of play.

UR - http://www.scopus.com/inward/record.url?scp=0001486209&partnerID=8YFLogxK

U2 - 10.1016/0001-6918(92)90052-F

DO - 10.1016/0001-6918(92)90052-F

M3 - Article

AN - SCOPUS:0001486209

SN - 0001-6918

VL - 80

SP - 297

EP - 310

JO - Acta Psychologica

JF - Acta Psychologica

IS - 1-3

ER -

Simultaneous vs. sequential requests in resource dilemmas with incomplete information

Abstract

Bibliographical note

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this