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Stable Sampling Equilibrium in Common Pool Resource Games

Cárdenas Campo, Juan Camilo; Mantilla, César; Sethi, Rajiv - 2015

sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single … separately for separate games. When the QRE parameter is constrained to be the same across games, sampling equilibrium provides a …

Persistent link: https://www.econbiz.de/10014155091

Efficiency and Stability of Sampling Equilibrium in Public Goods Games

Mantilla, Cesar; Sethi, Rajiv; Cárdenas, Juan-Camilo - 2018

the notion of sampling equilibrium, subject to a suitable stability refinement, can account for behavior in both …, stable sampling equilibrium involves the play of dominated strategies with positive probability both when such behavior …, the stable sampling equilibrium remains fully mixed throughout. This is consistent with the available experimental …

Persistent link: https://www.econbiz.de/10014117995

Stable sampling equilibrium in common pool resource games

Cárdenas Campo, Juan Camilo; Mantilla, César; Sethi, Rajiv - In: Games 6 (2015) 3, pp. 299-317

Persistent link: https://www.econbiz.de/10011316535

Truth in Consequentiality : Theory and Field Evidence on Discrete Choice Experiments

Vossler, Christian; Doyon, Maurice A.; Rondeau, Daniel; … - 2010

general conditions under which surveys with repeated binary choices are incentive compatible. We complement the theory with a …

Persistent link: https://www.econbiz.de/10014189156

Identification of Other-Regarding Preferences : Evidence from a Common Pool Resource Game in Colombia

Polania-Reyes, Sandra - 2019

Intrinsic motivation is shaped by attitudes towards others. In spite of their potential relevance for policy design, identifying individual preference types beyond population distributions remains a challenge. We use data from a common pool resource (CPR) game in the fi eld (935 individuals, 25%...

Persistent link: https://www.econbiz.de/10012904155

Use of data on planned contributions and stated beliefs in the measurement of social preferences

Conte, Anna; Levati, M. Vittoria - 2011

In a series of one-shot linear public goods game, we ask subjects to report their contributions, their contribution plans for the next period, and their first-order beliefs about their present and future partner. We estimate subjects' preferences from plans data by a infinite mixture approach...

Persistent link: https://www.econbiz.de/10009299538

A behavioral theory of equilibrium selection

Bolle, Friedel - 2017

Theories about unique equilibrium selection are often rejected in experimental investigations. We drop the idea of selecting a single prominent equilibrium but suggest the coexistence of different beliefs about "appropriate" equilibrium or non-equilibrium play. Our main selection criterion is...

Persistent link: https://www.econbiz.de/10011629780

Optimal private and public harvesting under spatial and temporal interdependence

Koskela, Erkki; Ollikainen, Markku - 2001

This paper extends the Hartman model to include the case where two adjacent stands may be interdependent in the provision of amenity services. We show first that the relationship between the focal and exogenous rotation age depends on the nature of their temporal interdependence, i.e. on what...

Persistent link: https://www.econbiz.de/10001590450

Product innovation and product innovation marketing : theory and microeconometric evidence

Kaiser, Ulrich - 2001

This paper derives a three stage Cournot-oligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...

Persistent link: https://www.econbiz.de/10011446211

Product innovation and product innovation marketing : theory and microeconometric evidence

Kaiser, Ulrich - 2001

This paper derives a three stage Cournotoligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...

Persistent link: https://www.econbiz.de/10013428414