Charness, Gary; Cobo-Reyes, Ramón; Jiménez, Natalia - Departamento de Teoría e Historia Económica, Facultad … - 2006
This paper explores the effect of the possibility of third-party intervention on behavior in a variant of the Berg, Dickhaut, and McCabe (1995) “Investment Game”. A third-party’s material payoff is not affected by the decisions made by the other participants, but this person may choose to...