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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
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
Persistent link: https://www.econbiz.de/10013552436
Persistent link: https://www.econbiz.de/10009500885
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
Persistent link: https://www.econbiz.de/10012127128
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
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
Using the parallel concepts and methods on the granular rod's spontaneous motion (PRL 106, 118001, 2011 [1]), in the observable (relative angular momentum) of the laboratory social evolution processes around the Nash equilibrium in the strategy space, we evaluate the large-deviation function...
Persistent link: https://www.econbiz.de/10014173878
Background: The “Coyness and Philandering” game here is original suggested as “sex war game” by Dawkins (1976), which is a typical model for game theory and evolution dynamic study for decades. However, the game has not been detected in experimental economics method. Even though...
Persistent link: https://www.econbiz.de/10014185190