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is predicted to emerge in their action commitment extended game. We then report a laboratory experiment designed to …
Persistent link: https://www.econbiz.de/10010277464
report a laboratory experiment based on these extended games. We find that behavior is similar in the two extended games …
Persistent link: https://www.econbiz.de/10010277509
is predicted to emerge in their "action commitment" extended game. We then report a laboratory experiment designed to … ; Sequential Contributions ; Endogenous Timing ; Action Commitment ; Observable Delay ; Experiment …
Persistent link: https://www.econbiz.de/10003839118
report a laboratory experiment based on these extended games. We find that behavior is similar in the two extended games … Contributions ; Endogenous Timing ; Action Commitment ; Observable Delay ; Experiment …
Persistent link: https://www.econbiz.de/10008699717
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments, we study four- and eight-person groups in high and low marginal per capita return (MPCR) conditions. We find a positive effect of group size in the low MPCR condition, as in...
Persistent link: https://www.econbiz.de/10009772221
Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups and societies, however, concentrate the power...
Persistent link: https://www.econbiz.de/10009578208
In an experimental study, we compare individual willingness to cooperate in a public good game after an initial team contest phase. While players in the treatment setup make a conscious decision on how much to invest in the contest, this decision is exogenously imposed on players in the control...
Persistent link: https://www.econbiz.de/10011891197
We experimentally investigate a repeated "inspection game" where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. Combined payoffs are maximized when the employee works and the employer does not inspect. However, the...
Persistent link: https://www.econbiz.de/10009578200
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the stochastic contest a contestant wins the entire rent with probability equal to her share of rent-seeking expenditures; in the deterministic contest she receives a share of the rent...
Persistent link: https://www.econbiz.de/10009618920
We experimentally investigate a repeated "inspection game" where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. The unique equilibrium of the stage game is in mixed strategies with positive probabilities of...
Persistent link: https://www.econbiz.de/10010340303