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mechanism. To examine the empirical properties of the mechanism we conducted a large series of experiments. It turns out that …
Persistent link: https://www.econbiz.de/10005627911
We provide a direct test of the role of social preferences in voluntary cooperation. We elicit individuals’ cooperation … preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a … predicted contributions, because they contribute in the first half of the experiment. We also show that the interaction of …
Persistent link: https://www.econbiz.de/10005585644
conditional cooperation. Our results can explain why in most repeated public goods experiments subjects initially cooperate while … towards the final periods cooperation declines to very low levels. …
Persistent link: https://www.econbiz.de/10005627877
The 1-shot ?-beauty contest is a non-equilibrium strategic game under bounded rationality conditions, while equilibrium is approached if the game is played iteratively sufficiently many times. Experimental data of the 1-shot setting of the 0-equilibrium game show a common pattern: The spectrum...
Persistent link: https://www.econbiz.de/10005627864
fishermen who exhibit a higher propensity for cooperation in a laboratory public goods experiment, and those who show more …This paper examines the role of other-regarding and time preferences for cooperation in the field. We study the … patience in a laboratory time preference experiment, exploit the fishing grounds less in their daily lives. Moreover, because …
Persistent link: https://www.econbiz.de/10005585622
.The experiments consider networks of coordination and cooperation,buyer-seller net- works,and network formation. …
Persistent link: https://www.econbiz.de/10005627865
with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending …. As a result, intra-group communication decreases while inter-group communication increases payoffs. Our experiment thus …
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
’ payoffs. In a laboratory experiment we investigate whether players (a) learn the game they are playing, (b) learn to predict …
Persistent link: https://www.econbiz.de/10005184880
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10005585660