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Persistent link: https://www.econbiz.de/10012127128
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We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10009754878
Brenner and Vriend (2006) argued (experimentally and theoretically) that one should not expect proposers in ultimatum games to learn to converge to the subgame perfect Nash equilibrium offer, as finding the optimal offer is a hard learning problem for (boundedly-rational) proposers. In this...
Persistent link: https://www.econbiz.de/10012501306
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We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10014155475
In this study, we examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10014042297
In this study, we examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10009351412
In this short comment, we report our observation of an anomaly in the raw data of Duffy and Ochs (2009) and describe a possible method for examining experimental data consistency in Prisoner Dilemma experiments, and possibly other experiments
Persistent link: https://www.econbiz.de/10013157648
We find there exists a dynamical pattern, called as social spiral, in human subjects 2x2 experiment data(Goeree, Holt et al. 2003; Selten and Chmura 2008). In a flow/velocity vector field method, we explore the data in the discrete lattices of the macro-level social strategy space in the games, and...
Persistent link: https://www.econbiz.de/10013137633