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We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10011099770
This paper studies the effect of introducing costly partner selection for the voluntarycontribution to a public good. Subjects participate in six sequences offive rounds of a two-person public good game in partner design. At the end ofeach sequence, subjects can select a new partner out of six...
Persistent link: https://www.econbiz.de/10005866964