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Considerable experimental evidence has been collected on how to solve the public-good dilemma. In a 'first generation' of experiments, this was done by presenting subjects with a pre-specified game out of a huge variety of rules. A 'second generation' of experiments introduced subjects to two...
Persistent link: https://www.econbiz.de/10015217937
We report experimental results from three Colombian villages concerning the impact of a voting mechanism on interpersonal trust and trustworthiness. The vote is purely consultative in that participants are asked to declare in a secret ballot the most “appropriate” plan of action for...
Persistent link: https://www.econbiz.de/10015257915
Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants’ efforts are significantly higher than predicted by the standard...
Persistent link: https://www.econbiz.de/10015261758
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10015238712
This paper provides an experimental test of the traveller’s dilemma. Our investigation aims to address the research hypothesis that introducing a reference point à la Schelling (set equal to the Pareto optimal solution) might drive people away from rationality even when the size of the...
Persistent link: https://www.econbiz.de/10015243861
prizes, spillovers and externalities, heterogeneity, risk and incomplete information. Second, we discuss dynamic contests and …
Persistent link: https://www.econbiz.de/10015244890
, studies show that there are effective mechanisms that can promote within-group cooperation and conflict resolution mechanisms …
Persistent link: https://www.econbiz.de/10015249569
Chapter IWe use a large-scale internet experiment to explore how subjects learn to play against computers that are … experiment, we separate the demand for punishment in general from a possible demand to conduct punishment personally. Subjects … punishment stage.Chapter IVDoes a mere availability of punishment increase cooperation in the one-shot prisoner’s dilemma game …
Persistent link: https://www.econbiz.de/10009476200
Office (PAPO) administers a Performance Assurance Information Program. The task is carried out in accordance with the …, 1982, and with guidance from the DOE-NE Technology Support Programs. The purpose of this information program is to collect …, compile, and distribute program-related information, reports, and publications for the benefit of the DOE-NE program …
Persistent link: https://www.econbiz.de/10009436667
In most countries, residential electricity consumption typically ranges from 20% to 40% of total electricity consumption. This energy is used for heating, cooling, refrigeration and other end-uses. Significant energy savings are possible if new appliance purchases are for models with higher...
Persistent link: https://www.econbiz.de/10009437398