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Human societies are unique in the level of cooperation among non-kin. Evolutionary models explaining this behavior typically assume pure strategies of cooperation and defection. Behavioral experiments, however, demonstrate that humans are typically conditional co-operators who have...
Persistent link: https://www.econbiz.de/10010885161
regression analysis yields a measure of the relative importance of priors and signals on subjects’ beliefs on contributions and … of beliefs. We argue that the sustainability of cooperation is related to this pattern of belief formation. …
Persistent link: https://www.econbiz.de/10009752899
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …-shot public good games we show that frames affect subjectʼs first- and second-order beliefs and contributions. From a … psychological game-theoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10011049777
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, reciprocity or efficiency seeking. Only guilt aversion can rationalize our findings, with guilt being most pronounced if the …
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The data from experiments with the Voluntary Contributions Mechanism suggest five stylized facts, including the restart effect. To date, no theory has explained all of these facts simultaneously. We merge our Individual Evolutionary Learning model with a variation of heterogeneous...
Persistent link: https://www.econbiz.de/10010608548
efficient outcomes. We discuss these results in light of the literature on behavioral theories of reciprocity and conditional …
Persistent link: https://www.econbiz.de/10010866650
leadership and uncertainty about followers’ reciprocity hinders the functionality of leadership as an institutional device to …
Persistent link: https://www.econbiz.de/10010744160