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We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
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We characterize the class of symmetric two-player games in which tit-for-tat cannot be beaten even by very sophisticated opponents in a repeated game. It turns out to be the class of exact potential games. More generally, there is a class of simple imitation rules that includes tit-for-tat but...
Persistent link: https://www.econbiz.de/10009743040
; altruism ; conditional cooperation ; egoism ; social dilemma … Switzerland and that entering messengers must work in performance pay firms in the U.S. We find that the erosion of cooperation …
Persistent link: https://www.econbiz.de/10003292055
Switzerland and that entering messengers must work in performance pay firms in the U.S. We find that the erosion of cooperation …
Persistent link: https://www.econbiz.de/10010267460
Persistent link: https://www.econbiz.de/10009162289
This paper studies the design of enforcement policies to detect and deter harmful short-term activities committed by groups of injurers. With an ordered-leniency policy, the degree of leniency granted to an injurer who self-reports depends on his or her position in the self-reporting queue. By...
Persistent link: https://www.econbiz.de/10011927247
receive reduced sanctions. We replicate the strategic environment described by Landeo and Spier (2018). In theory, the optimal …
Persistent link: https://www.econbiz.de/10011927250
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral … regularity. Yet, the number of conditional cooperators and the extent of conditional cooperation are much higher in the U ….S.A. than anywhere else. -- conditional cooperation ; public goods ; experiment …
Persistent link: https://www.econbiz.de/10009729297
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