Showing 1 - 10 of 362
For games of simultaneous action selection and network formation, game-theoretic behavior and experimental observations … of the Hawk-Dove game with endogenous network formation and show that the repetition leads to additional equilibria … their strategy. Subjects only reach efficient outcomes if they first adapt their action and then their network. If they …
Persistent link: https://www.econbiz.de/10010369316
For games of simultaneous action selection and network formation, game-theoretic behavior and experimental observations … of the Hawk-Dove game with endogenous network formation and show that the repetition leads to additional equilibria … their strategy. Subjects only reach efficient outcomes if they first adapt their action and then their network. If they …
Persistent link: https://www.econbiz.de/10010884483
Transparency in teams can induce cooperation. We study contribution decisions by agents when previous decisions can be observed. We find that an information chain, in which each agent directly observes only the decision of her immediate predecessor, is at least as effective as a...
Persistent link: https://www.econbiz.de/10010281649
Participants in a public goods experiment receive private or common signals regarding the so-called point of no return, meaning that if the group's total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective interests...
Persistent link: https://www.econbiz.de/10010286448
Transparency in teams can induce cooperation. We study contribution decisions by agents when previous decisions can be observed. We find that an information chain, in which each agent directly observes only the decision of her immediate predecessor, is at least as effective as a...
Persistent link: https://www.econbiz.de/10009317896
Participants in a public goods experiment receive private or common signals regarding the so-called "point of no return", meaning that if the group's total contribution falls below this point, all payoffs are reduced. An individual faces the usual conflict between private and collective...
Persistent link: https://www.econbiz.de/10009644963
We investigate leading by example in a public goods game in scenarios with and without intergroup competition. Leading by example is implemented via a sequential decision protocol. We examine both one-shot and repeated interaction and make use of the strategy method to characterize followers'...
Persistent link: https://www.econbiz.de/10009391900
Koukoumelis et al. (2010, 2012) have shown that one-way communication enhances contributions to public goods. We investigate the effectiveness of one-way communication, when the benefits from the public good are asymmetric and the sender of a message is the main beneficiary of cooperation. Our...
Persistent link: https://www.econbiz.de/10009391904
Which inequalities among individuals are considered unjust? This paper reports the results of an experiment designed to study distributive choices dealing with arbitrarily unequal initial endowments. In a three-person distribution problem where subjects either know or do not know their...
Persistent link: https://www.econbiz.de/10010266693
We study two person-betting games with inconsistent commonly know beliefs, using an experimental approach. In our experimental games, participants bet against one another, each bettor choosing one of two possible outcomes, and payoff odds are know at the time bets are placed. Bettors’ beliefs...
Persistent link: https://www.econbiz.de/10010269740