Showing 1 - 10 of 92
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 enhances...
Persistent link: https://www.econbiz.de/10013044538
We run several experiments which allow us to compare cooperation under perfect and imperfect information and under a centralized and decentralized punishment regime. We find that (1) centralization by itself does not improve cooperation and welfare compared to an informal, peer-to-peer...
Persistent link: https://www.econbiz.de/10014159272
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic, joint payoff-maximizing and cognitively heterogeneous agents. These predict varying degrees of...
Persistent link: https://www.econbiz.de/10012995161
We experimentally investigate whether the procedural history of a sanctioning institution affects cooperation in a social dilemma. Subjects inherit the institutional setting from a previous generation of subjects who either decided on the implementation of the institution democratically by...
Persistent link: https://www.econbiz.de/10012902398
This paper studies experimentally how the endogeneity of sanctioning institutions affects the severity of punishment in social dilemmas. We allow individuals to vote on the introduction of third-party-administered sanctions, and compare situations in which the adoption of this institution is...
Persistent link: https://www.econbiz.de/10012903425
Public good provision is often local and also affects bystanders. Is provision harder if contributions harm bystanders, and is provision easier if outsiders gain a windfall profit? In an experiment we observe that both positive and negative externalities reduce provision levels whenever actors...
Persistent link: https://www.econbiz.de/10014204524
Carpenter and Matthews (2009) examine the cooperation norms determining people's punishment behavior in a social-dilemma game. Their findings are striking: absolute norms outperform the relative norms commonly regarded as the determinants of punishment. Using multiple punishment stages and...
Persistent link: https://www.econbiz.de/10014199338
We study how upward communication – from workers to managers – about individual efforts affects the effectiveness of gift exchange as a contract-enforcement device for work teams. Our findings suggest that the use of such self-assessments can be detrimental to workers' performance. In the...
Persistent link: https://www.econbiz.de/10013027244
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitor's product-market...
Persistent link: https://www.econbiz.de/10013018445
In this paper, we introduce two new learning models: impulse-matching learning and action-sampling learning. These two models together with the models of self-tuning EWA and reinforcement learning are applied to 12 different 2 x 2 games and their results are compared with the results from...
Persistent link: https://www.econbiz.de/10014176405