Showing 1 - 10 of 12,326
Indirect reciprocity describes a class of reputation-based mechanisms which may explain the prevalence of cooperation … implementation occur. It has thus been claimed that for indirect reciprocity to stabilize cooperation, reputation assessments must be … observed provides ample possibilities for stable cooperation to emerge even under substantial rates of implementation errors. …
Persistent link: https://www.econbiz.de/10010743047
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010929050
prospects for cooperation given the need for the firm to learn the environment and its rival's output. We show how a firm …'s profit and cooperation rates are affected by its size, its rival's size and willingness to cooperate and environmental …
Persistent link: https://www.econbiz.de/10010756758
We explore the extent to which altruism, as measured by giving in a dictator game (DG), accounts for play in a noisy … version of the repeated prisoner's dilemma. We find that DG giving is correlated with cooperation in the repeated game when no … cooperative equilibria exist, but not when cooperation is an equilibrium. Furthermore, none of the commonly observed strategies …
Persistent link: https://www.econbiz.de/10010743942
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10011099770
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10011170354
behavior. We show that altruism may be evolutionarily successful even if preferences are unobservable. …
Persistent link: https://www.econbiz.de/10010608200
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010812142
An experiment is designed to provide a snapshot of the strategies used by players in a repeated price competition game with a random continuation rule. One hundred pairs of subjects played the game over the Internet, with subjects having a few days to make their decisions in each round....
Persistent link: https://www.econbiz.de/10011049890
prospects for cooperation given the need for the firm to learn the environment and its rival's output. We show how a firm …'s profit and cooperation rates are affected by its size, its rival's size and willingness to cooperate and environmental …
Persistent link: https://www.econbiz.de/10005561514