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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/10014458804
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 conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322
Social media are becoming increasingly important in our society and change the way people communicate, how they acquire information, and how they form beliefs. Experts are concerned that the rise of social media may make interaction and information exchange among like-minded individuals more...
Persistent link: https://www.econbiz.de/10011762816
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the majority of consumers...
Persistent link: https://www.econbiz.de/10012236843
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
Persistent link: https://www.econbiz.de/10013472942
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
-Stay-Lose-Shift, are not prevalent. We also find that the strategies used to support cooperation change with the parameters of the game … 'Gefangenendilemma' zu identifizieren. Die Teilnehmer werden gebeten, Strategien zu entwerfen, die an ihrer Stelle spielen sollen. Dabei …. Zudem stellt sich heraus, dass die Strategien, die Kooperation unterstützen sollen, sich mit den Parametern des Spiels …
Persistent link: https://www.econbiz.de/10010195365
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and … online experiment. We observe high levels of cooperation and the typical conditional contribution patterns in a modified …, sustained levels of cooperation in our company setting relate to non-financial values of cooperation rather than solely to …
Persistent link: https://www.econbiz.de/10012236842