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We extend public goods game and design transboundary public goods game which players receive more information from the local group, and marginal return per capital (MPCR) is heterogeneous across local groups that high MPCR among local groups and low MPCR among counter groups. We experimentally...
Persistent link: https://www.econbiz.de/10012864289
A growing body of literature in experimental economics examines how cognitive ability affects cooperation in social dilemma settings. We contribute to the existing literature by studying this relationship in a more complex and strategic environment when the number of partners increases in an...
Persistent link: https://www.econbiz.de/10012665562
conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …
Persistent link: https://www.econbiz.de/10011734522
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank …
Persistent link: https://www.econbiz.de/10012011103
environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …We analyze a coordination game with information-constrained players. The players' actions are based on a noisy …
Persistent link: https://www.econbiz.de/10014469169
We assess the impact of cognitive abilities on withdrawal decisions in a bank-run game. In our setup, depositors choose sequentially between withdrawing or keeping their funds deposited in a common bank. They may observe previous decisions depending on the information structure. Theoretically,...
Persistent link: https://www.econbiz.de/10010429136
perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …
Persistent link: https://www.econbiz.de/10012698826
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