Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10010398919
We study the stability of social and economic networks when players are farsighted. We first provide an algorithm that characterizes the unique pairwise and groupwise farsightedly stable set of networks under the componentwise egalitarian allocation rule. We then show that this set coincides...
Persistent link: https://www.econbiz.de/10009751971
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked equilibria, where a pair of agents has a profitable...
Persistent link: https://www.econbiz.de/10010418867
Persistent link: https://www.econbiz.de/10010477681
Persistent link: https://www.econbiz.de/10011894126
Persistent link: https://www.econbiz.de/10011749084
Persistent link: https://www.econbiz.de/10011811981
Persistent link: https://www.econbiz.de/10011649270
We analyze experimentally behavior in a finitely repeated public goods game. One of the main results of the literature is that contributions are initially high, and gradually decrease over time. Two explanations of this pattern have been developed: (i) the population is composed of free-riders,...
Persistent link: https://www.econbiz.de/10012906369
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked equilibria, where a pair of agents has a profitable...
Persistent link: https://www.econbiz.de/10012978828