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Fear of being left alone drives inefficient exit from partnerships : an experiment

Crosetto, Paolo; Gaudeul, Alexia; Riener, Gerhard - 2014

We explore in an experiment what leads to the breakdown of partnerships. Subjects are assigned a partner and participate in a repeated public good game with stochastic outcomes. They can choose each period between staying in the public project or working on their own. There is excessive exit as...

Persistent link: https://www.econbiz.de/10010340746

Fairness norms can explain the emergence of specific cooperation norms in the Battle of the Prisoners Dilemma

Winter, Fabian - 2013

Cooperation norms often emerge in situations, where the long term collective benefits help to overcome short run … cooperation, benefiting different kinds of actors to different degrees. This leads to payoff asymmetries even in the state of … cooperation, and consequently can give rise to normative conflicts about which norms should be in place. This norm …

Persistent link: https://www.econbiz.de/10009736799