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This paper proposes a comprehensive perspective on the question of self-enforcing solutions for normal form games. While this question has been widely discussed in the literature, the focus is usually either on strict incentives for players to stay within the proposed solution or on strategic...
Persistent link: https://www.econbiz.de/10012866617
This paper proposes a comprehensive perspective on the question of self-enforcing solutions for normal form games. While this question has been widely discussed in the literature, the focus is usually either on strict incentives for players to stay within the proposed solution or on strategic...
Persistent link: https://www.econbiz.de/10012029170
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010366516
This paper investigates the effectiveness of two instruments designed to defer termination in the centipede game: an insurance against termination by the opponent, and an option to offer the opponent a bonus for not terminating the game. The rational prediction in both cases is passing until...
Persistent link: https://www.econbiz.de/10014050321
Allowing for a free choice of the recipient's gender in a dictator game (N = 508), we find that women show a substantial gender biased towards females. Adding a charity recipient to the possible choices, the charity becomes the primary recipient and overall transfers increase. Yet, conditioning...
Persistent link: https://www.econbiz.de/10012916352
This paper reports results from a classroom dictator game comparing the effects of three different sets of standard instructions. As was shown by Oxoby and Spraggon (2008), inducing a feeling of entitlement (one subject earning the endowment) strongly affects allocations in dictator games...
Persistent link: https://www.econbiz.de/10012923353
Persistent link: https://www.econbiz.de/10010360196
This paper proposes a simple mechanism aimed to establish positive contributions to public goods in the absence of powerful institutions to sanction free-riders. The idea of the mechanism is to require players to commit to the public good by paying a deposit prior to the contribution stage. If...
Persistent link: https://www.econbiz.de/10010383030
Persistent link: https://www.econbiz.de/10003841022
Persistent link: https://www.econbiz.de/10003381062