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Give Everybody a Voice! The Power of Voting in a Public Goods Experiment with Externalities
Engel, Christoph; Rockenbach, Bettina - Max-Planck-Institut zur Erforschung von … - 2014
We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting insiders’ contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
Persistent link: https://www.econbiz.de/10011106491
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Give everybody a voice! : the power of voting in a public goods experiment with externalities
Engel, Christoph; Rockenbach, Bettina - 2014
We study the effect of voting when insiders ́public goods provision may affect passive outsiders. Without voting insiders ́contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
Persistent link: https://www.econbiz.de/10010429972
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Robust stochastic stability
Ferrer-Alós, Carlos; Netzer, Nick - 2014 - Revised version, January 2014
selection of Walrasian strategies in aggregative games under imitation. …
Persistent link: https://www.econbiz.de/10010354639
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Regret testing : learning to play Nash equilibrium without knowing you have an opponent
Foster, Dean P.; Young, H. Peyton - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 3, pp. 341-367
A learning rule is uncoupled if a player does not condition his strategy on the opponent's payoffs. It is radically …, radically uncoupled learning rules whose period-by-period behavior comes arbitrarily close to Nash equilibrium behavior in any …
Persistent link: https://www.econbiz.de/10011702986
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Stability of the Cournot process : experimental evidence
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2002
We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly … learning dynamics to explain this unpredicted stability. …
Persistent link: https://www.econbiz.de/10011539705
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Communication, Renegotiation, and the Scope for Collusion
Cooper, David J.; Kühn, Kai-Uwe - C.E.P.R. Discussion Papers - 2009
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple …
Persistent link: https://www.econbiz.de/10008558586
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Do Forward Markets Enhance Competition? Experimental Evidence
Le Coq, Chloé; Orzen, Henrik - Economics Institute for Research (SIR), … - 2002
laboratory experiment. Our findings support the main comparative-static predictions of the model but also suggest that, when …
Persistent link: https://www.econbiz.de/10005190907
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The effect of a leniency rule on cartel formation and stability : experiments with open communication
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2019
experiment. Based on chat communication content and price setting behavior, this authority judges whether firms formed a cartel …
Persistent link: https://www.econbiz.de/10012134469
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An Experiment on Democratic Versus Dictatorial Collective Decision Making
Hargreaves Heap, Shaun P. - 2015
We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making …
Persistent link: https://www.econbiz.de/10013019236
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The two-person Harvard game : an experimental analysis
Apesteguia, Jose - 2001
learning processes exhibited by players. …
Persistent link: https://www.econbiz.de/10011539831