Showing 1 - 10 of 461
We report two information cascade game experiments that directly test the impact of altruism on observational learning … substantial public information which increases the earnings of participants. In Experiment 2, participants have better … opportunities to learn about the strategies played by observed which amplifies the impact of altruism on observational learning …
Persistent link: https://www.econbiz.de/10012995188
cooperative solutions of the initial Bayesian game. This characterization does not apply to discounted games with patient players …. In a class of public good games, the set of Nash equilibrium payoffs of the undiscounted game can be empty, while limit …
Persistent link: https://www.econbiz.de/10013055418
This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a repeated interactions model of tax competition when there are three countries with heterogenous capital endowments. We show that regardless of the structure of the coalition (i.e. full...
Persistent link: https://www.econbiz.de/10013023187
) not only to develop an algorithm for identifying free riders, but also to provide an alternative proof for the uniqueness …
Persistent link: https://www.econbiz.de/10012915087
role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … aversion on IEA formation under no learning. Combining learning and risk aversion seems appropriate as the uncertainties … through learning. It is shown that the negative conclusion with respect to the role of learning derived for risk neutrality …
Persistent link: https://www.econbiz.de/10013059058
by the strength of a private learning channel from prices, arising from the multidimensional sources of asymmetric … information, in relation to the usual public learning channel. When the private learning channel is strong (weak) in relation to …
Persistent link: https://www.econbiz.de/10013316183
We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … and asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide …
Persistent link: https://www.econbiz.de/10013125061
We study how intelligence and personality affect the outcomes of groups, focusing on repeated interactions that provide the opportunity for profitable cooperation. Our experimental method creates two groups of subjects who have different levels of certain traits, such as higher or lower levels...
Persistent link: https://www.econbiz.de/10012935223
We conduct a laboratory experiment to shed light on the cognitive limitations that may affect the way decision makers …
Persistent link: https://www.econbiz.de/10012963774
model that microfounds them. Seven pre-registered experiments with eleven canonical laboratory games and around 19 …
Persistent link: https://www.econbiz.de/10012952405