Showing 1 - 10 of 17
We use laboratory experiments to test for one of the foundations of the rational voter paradigm - that voters respond … insights. First, voting propensity increases systematically with subjects' predictions of their preferred alternative …
Persistent link: https://www.econbiz.de/10010316838
informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters …
Persistent link: https://www.econbiz.de/10010316941
We study prisoner's dilemmas played in continuous time with flow payoffs over 60 seconds. In most cases, the median rate of mutual cooperation rises to 90% or more. Control sessions with 8-time repeated matchings achieve less than half as much cooperation, and cooperation rates approach zero in...
Persistent link: https://www.econbiz.de/10010288120
Human players in our laboratory experiment converge closely to the symmetric mixed Nash equilibrium when matched in a single population version of the standard Hawk-Dove game. When matched across two populations, the same players show clear movement towards an asymmetric (and very inequitable)...
Persistent link: https://www.econbiz.de/10010288136
We investigate whether growth in consumer income causes an increased willingness to pay to mitigate negative externalities from consumption. Correlational field evidence suggests a positive relationship between income and social responsibility. To investigate a causal link, we conduct a...
Persistent link: https://www.econbiz.de/10011969210
Mixed Nash equilibria are a cornerstone of game theory, but their empirical relevance has always been controversial. We study in the laboratory two games whose unique NE is in completely mixed strategies; other treatments include the matching protocol (pairwise random vs population...
Persistent link: https://www.econbiz.de/10012806703
Human players in our laboratory experiment received flow payoffs over 120 seconds each period from a standard Hawk-Dove bimatrix game played in continuous time. Play converged closely to the symmetric mixed Nash equilibrium under a one-population matching protocol. When the same players were...
Persistent link: https://www.econbiz.de/10010369495
The emergence of competition is a defining aspect of human nature and characterizes many important social environments. However, its relationship with how social groups are formed has received little attention. We design an experiment to analyze how individuals' willingness to compete is...
Persistent link: https://www.econbiz.de/10012144230
Conventional wisdom suggests that compulsory voting lowers the influence of specialinterest groups and leads to … policies that are better for less privileged citizens, who often abstain when voting is voluntary. To scrutinize this … conventional wisdom, I study public goods provision and rents to special-interest groups in a probabilistic voting model with …
Persistent link: https://www.econbiz.de/10011430085
Are national or multinational firms better lobbyists? This paper analyzes the extent of national environmental regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels for national and multinational firms. We identify three...
Persistent link: https://www.econbiz.de/10010315488