Showing 1 - 10 of 734
, coordination, trust, and reciprocity to achieve a Pareto efficient outcome. We find no evidence of in-group versus out-group (based …
Persistent link: https://www.econbiz.de/10015399343
In the beginning of the second book of his Politeia (Republic) Plato in passage 2.358e-359a-c raises the issue of the administration of justice as a means of motivating people to behave fairly regarding their relationships and when cooperating with each other because, at the end, this is...
Persistent link: https://www.econbiz.de/10012485255
We study games with natural-language labels (i.e., strategic problems where options are denoted by words), for which we propose and test a measurable characterization of prominence. We assume that-ceteris paribus-players find particularly prominent those strategies that are denoted by words more...
Persistent link: https://www.econbiz.de/10012432864
This paper investigates how different message structures impact communication strategy as well as sender and receiver behavior. Specifically, we focus on comparing communication games with messages stating an intention versus a request. Our experimental results show that when a game includes...
Persistent link: https://www.econbiz.de/10012432600
In this paper, we study cooperation and coordination in a threshold public goods game with asymmetric players where … the threshold. We then study how multiple dimensions of inequality influence people's cooperation and coordination. We …
Persistent link: https://www.econbiz.de/10014443308
the truth, regardless of economic incentives. We document results from an experiment where subjects routinely misreported …
Persistent link: https://www.econbiz.de/10014531272
Weighted committees allow shareholders, party leaders, etc. to wield different numbers of votes or voting weights as they decide between multiple candidates by a given social choice method. We consider committees that apply scoring methods such as plurality, Borda, or antiplurality rule. Many...
Persistent link: https://www.econbiz.de/10012698221
, the extent to which the Nash threat leads to Pareto-improving extraction levels. Through our experiment, we confirm the …
Persistent link: https://www.econbiz.de/10012650460
Keynes (1921) and Ellsberg (1961) have articulated an aversion toward betting on an urn containing balls of two colors of unknown proportion to one with a 50-50 composition. Keynes views this as reflecting different preferences for bets arising from different sources of uncertainty. Ellsberg...
Persistent link: https://www.econbiz.de/10014362573
a real‐effort laboratory experiment, we cleanly identify the causal effect of an early success in a competition. We …
Persistent link: https://www.econbiz.de/10012807751