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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10013331070
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10014458804
International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be … ambitious cooperation. Yet, a proof-of-concept for this important claim is lacking. Based on game theoretical analyses, we … a public good. Subjects differ in their benefits and costs of cooperation. Participation in the negotiations and all …
Persistent link: https://www.econbiz.de/10012500234
mode or were induced to rely either on emotion or reason. Cooperation was measured across a series of commonly used and … that average cooperation rates increased when emotions were induced rather than reason. At the trait level, our results … show that individual decision modes and cooperation rates were not correlated when subjects could rely on their primary …
Persistent link: https://www.econbiz.de/10012237149
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising … of institutional choice. Almost all institutions improve cooperation if they are implemented, but they are not always … identified as important determinants of institutional choice. Cooperation tends to be higher under endogenously chosen …
Persistent link: https://www.econbiz.de/10012010646
Social interactions predominantly take place under the shadow of the future. Previous literature explains cooperation … paper provides a causal test of the importance of social preferences for cooperation, varying the composition of …-registered experiments (N = 1,074), we show that groups of prosocial individuals achieve substantially higher levels of cooperation. The …
Persistent link: https://www.econbiz.de/10014481063
International climate negotiations have so far failed to produce ambitious climate cooperation. We combine laboratory … negotiate more frequently. We find that more frequent interactions allow subjects to build trust and cooperation more safely …. Thus, more frequent revisions of commitments promote cooperation, but the ratchet-up design fails to achieve the same …
Persistent link: https://www.econbiz.de/10015271325
post announcement mechanism does not have a significant effect on the cooperation rate. However, the nudge leads to a … striking increase in the cooperation rate. We provide suggestive evidence that the nudge we use provides subjects with a focal …
Persistent link: https://www.econbiz.de/10011982104
the presumption that a relational contract can establish a norm of reciprocity, I show that generous upfront wages that … by the employee’s reciprocal preferences, the norm of reciprocity already shapes the incentive system at the beginning of … his career. I also show that more competition might magnify the use of reciprocity-based incentives, and that a formal …
Persistent link: https://www.econbiz.de/10012126237
We study iterated formation of mutually best matches (IMB) in college admissions problems. When IMB produces a maximal individually rational matching, the matching has many good properties like Pareto optimality and stability. If preferences satisfy a single peakedness condition, or have a...
Persistent link: https://www.econbiz.de/10012503062