Showing 1 - 10 of 15,646
We investigate experimentally whether the extent of conditional cooperation in public good games depends on the … leads and three follow. Even though we observe less conditional cooperation for an MPCR of 0.2, the prevalence of … conditional cooperation remains relatively stable to changes in the MPCR and game timing. In contrast, the level of MPCR has a …
Persistent link: https://www.econbiz.de/10010970523
literature defines a “reciprocity effect” as the tendency for Second Movers to return proportions increasing in the amounts that … they receive. In the data that I use, 31% of Second Movers show reciprocity effects, 31% are neutral, and 25% consistently … free-ride, indicating that the aggregate reciprocity effect for the sample as a whole is attributable to a minority of the …
Persistent link: https://www.econbiz.de/10011030502
competing firms provided that they consider collusive prices to be kind and punishment prices to be unkind. Thus, reciprocity … with unkind actions (negative reciprocity), while at the same time, it responds to kind behavior of rivals with kind … actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards …
Persistent link: https://www.econbiz.de/10011030515
Players in economic situations often have preferences not only over their own outcome but also over what happens to fellow players, entirely apart from any strategic considerations. While this can be modeled directly by simply writing down final preferences, these are commonly unknown <em>a priori</em>....
Persistent link: https://www.econbiz.de/10011030509
In repeated public good experiments, reciprocity helps to sustain high levels of cooperation. Can this be achieved by … location. This mechanism of individually targeted sanctions helps to foster initial cooperation. It decreases over time …, however. Location choices are used to reciprocate, but may not suffice to stabilize voluntary cooperation as an effect …
Persistent link: https://www.econbiz.de/10011030518
This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (breakdown) and a new protocoalition may form....
Persistent link: https://www.econbiz.de/10011265463
The editors of <i>Games</i> would like to express their sincere gratitude to the following reviewers for assessing manuscripts in 2014:[...]
Persistent link: https://www.econbiz.de/10011114940
We study the structure of the rest points of signaling games and their dynamic behavior under selection-mutation dynamics by taking the case of three signals as our canonical example. Many rest points of the replicator dynamics of signaling games are not isolated and, therefore, not robust under...
Persistent link: https://www.econbiz.de/10011118290
Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get. In order to relate both perspectives, we associate to each conflicting claims problem a bargaining-in-proportions set. Then, we obtain a...
Persistent link: https://www.econbiz.de/10011194439
The paper presents an evolutionary model, based on the assumption that agents may revise their current strategies if they previously failed to attain the maximum level of potential payoffs. We offer three versions of this reflexive mechanism, each one of which describes a distinct type:...
Persistent link: https://www.econbiz.de/10010736494