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Breakdown of Cooperation in Iterative Real-Time Trust Dilemmas

Murphy, Ryan O. - 2008

We study a class of trust dilemmas with symmetric players that evolve in real-time. In these games, as long as all the n players continue to cooperate, the payoff function increases exponentially over time. Simultaneously, however, the temptation to defect also increases at the same rate. The...

Persistent link: https://www.econbiz.de/10012773843

Breakdown of Cooperation in Iterative Real-Time Trust Dilemmas

Murphy, Ryan O.; Rapoport, Amnon; Parco, James E. - 2008

Persistent link: https://www.econbiz.de/10014028805

Two-Stage Contests with Budget Constraints : An Experimental Study

Parco, James E.; Amaldoss, Wilfred; Rapoport, Amnon - 2008

We report the results of an experiment on two-stage contests with budget-constrained agents competing to win an exogenously determined prize. We study a class of two-stage contests where in stage 1 agents first compete within their own groups by expending resources, and in stage 2 the winners of...

Persistent link: https://www.econbiz.de/10014028807

Enhancing Honesty in Bargaining Under Incomplete Information : An Experimental Study of the Bonus Procedure

Parco, James E.; Rapoport, Amnon - 2008

The sealed-bid k-double auction mechanism for two-person bargaining under incomplete information can be extended by providing a bonus for both traders if, and only if, an agreement is reached. Brams and Kilgour (1996) proved that there is a unique level of bonus, namely, half the difference...

Persistent link: https://www.econbiz.de/10014028811

Equilibrium Play and Adaptive Learning in a Three-Person Centipede Game

Rapoport, Amnon; Stein, William E.; Parco, James E.; … - 2009

The two-person centipede game is one of the most celebrated paradoxes of backward induction in complete information extensive form games. An experimental investigation of a three-person centipede game shows that the paradoxical results are strongly affected by the size of the stakes. When the...

Persistent link: https://www.econbiz.de/10014028818

Hold or roll : reaching the goal in jeopardy race games

Seale, Darryl A.; Stein, William E.; Rapoport, Amnon - In: Theory and decision : an international journal for … 76 (2014) 3, pp. 419-450

Persistent link: https://www.econbiz.de/10010393572

Experimental Studies of Interactive Decisions

Rapoport, Amnon - 1990

This book is about the interplay of theory and experimentation on group decision making in economics. The theories that … experiments in decision making and economics date back more than thirty years (e.g .• Allais. 1953; Davidson. Suppes. and Siegel … arise in individual decision making under risk. two-person bargaining. …

Persistent link: https://www.econbiz.de/10013519589