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Pre-Play communication with forgone costly messages: experimental evidence on forward induction
Blume, Andreas; Weber, Roberto A.; Kriss, Peter H. - Institut für Volkswirtschaftslehre, … - 2011
-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …
Persistent link: https://www.econbiz.de/10009358877
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Turning a blind eye, but not the other cheek: on the robustness of costly punishment
Weber, Roberto A.; Xiao, Erte; Kriss, Peter H. - Institut für Volkswirtschaftslehre, … - 2015
-social acts? In a laboratory experiment, we find that third parties punish reluctantly: they state a preference to punish, but …
Persistent link: https://www.econbiz.de/10011122271