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Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10008642476
Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing communication groups that may or may not be linked to...
Persistent link: https://www.econbiz.de/10008642483
benefits in the case of cooperation, using field data from a modified one-shot prisoner's dilemma played in a high …
Persistent link: https://www.econbiz.de/10010817274
We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have … little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a … research, longer interactions facilitate cooperation. However, many individuals avoid long-term commitment, with uncooperative …
Persistent link: https://www.econbiz.de/10010817311
bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games …. Yet, when they are given the opportunity to punish free-riders, stable cooperation is maintained although punishment is …
Persistent link: https://www.econbiz.de/10005760905
This paper examines the role of other-regarding and time preferences for cooperation in the field. We study the … fishermen who exhibit a higher propensity for cooperation in a laboratory public goods experiment, and those who show more …
Persistent link: https://www.econbiz.de/10005585622
This paper investigates the effectiveness of two instruments designed to defer termination in the centipede game: an insurance against termination by the opponent, and an option to offer the opponent a bonus for not terminating the game. The rational prediction in both cases is passing until...
Persistent link: https://www.econbiz.de/10005585654
outcomes, (ii) laws governing cooperation and collective action, (iii) effects and the determinants of material incentives, (iv …
Persistent link: https://www.econbiz.de/10005627810
frequently as well as that institution formation has a positive impact on cooperation rates and group welfare. However, the data …
Persistent link: https://www.econbiz.de/10005627839
We analyze the dynamics of neighbourhood watch programs in a local interaction framework. Agents can watch their neighbours' houses and thus deter burglars from breaking in. At the same time, agents also try to recruit their neighbours to join the neighbourhood watch program. The probability of...
Persistent link: https://www.econbiz.de/10005627844