Showing 1 - 10 of 107
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010417195
We use a limited information environment to mimic the state of confusion in an experimental, repeated public goods game. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games. However, closer inspection shows that individual decay...
Persistent link: https://www.econbiz.de/10003898816
We use a limited information environment to assess the role of confusion in the repeated voluntary contributions game. A comparison with play in a standard version of the game suggests, that the common claim that decision errors due to confused subjects biases estimates of cooperation upwards,...
Persistent link: https://www.econbiz.de/10009690143
conflict expenditures of groups are substantially larger than those of individuals, and both are above equilibrium. Second …
Persistent link: https://www.econbiz.de/10003799822
We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
Persistent link: https://www.econbiz.de/10011515831
Communication has been regarded as one of the most effective devices in promoting team cooperation. But asymmetric communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that excluding one member from team communication...
Persistent link: https://www.econbiz.de/10011912001
to converge towards the theoretical equilibrium over repeated play. Our results help us understand the emergence of the …
Persistent link: https://www.econbiz.de/10014246768
Bertrand competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We first … not predicted by conventional equilibrium theories. This phenomenon can be captured by a simple imitation model and by a …
Persistent link: https://www.econbiz.de/10001835606
We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in...
Persistent link: https://www.econbiz.de/10002626552
players in the laboratory to examine the dynamics of alliance formation and conflict evolution. A peaceful equilibrium yields …
Persistent link: https://www.econbiz.de/10012603859