Showing 1 - 10 of 63
This study explores asymmetric volunteers' dilemma (VOD) games where costs for volunteering is different among players. Diekmann (1993) conjectures that an equilibrium, in which a player with less costs contributes, is more likely to be played if it is risk dominant. We re-examined this...
Persistent link: https://www.econbiz.de/10012865565
Persistent link: https://www.econbiz.de/10002735089
Persistent link: https://www.econbiz.de/10009659957
Persistent link: https://www.econbiz.de/10003852718
Persistent link: https://www.econbiz.de/10011972821
Persistent link: https://www.econbiz.de/10011894323
The present paper fully characterizes equilibria of a generalized Volunteer's Dilemma game, which is an integration of the volunteer's dilemma game and the step-level public goods game with binary decision. We also examined the explanatory power of a widely accepted model with bounded...
Persistent link: https://www.econbiz.de/10013028952
We conduct experiments of a cheap-talk game with incomplete information in which one sender type has an incentive to misrepresent her type. Although that Sender type mostly lies in the experiments, the Receiver tends to believe the Sender's messages. This confirms "truth bias" reported in...
Persistent link: https://www.econbiz.de/10014066107
Persistent link: https://www.econbiz.de/10012173209
The centipede game is one of the most celebrated examples of the paradox of backward induction. Experiments of the centipede game have been conducted in various settings: two-person games with linearly increasing payoffs (McKelvey and Palfrey, 1992), two-person games with constant-sum payoffs...
Persistent link: https://www.econbiz.de/10014213484