Showing 1 - 10 of 342
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding …, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at … strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …
Persistent link: https://www.econbiz.de/10005703051
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge of the game structure and feedback about choices in the previous period, we run treatments (i) without feedback about previous play, (ii) with no information about the...
Persistent link: https://www.econbiz.de/10005822932
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10005761658
in social dilemmas. Participants repeatedly choose between a community with and an alternative without punishment … opportunities. Within each community a social dilemma game is played. While the community with punishment grows over time and fully …
Persistent link: https://www.econbiz.de/10008550003
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10011279270
efficient outcomes, provided they have sufficient freedom to choose their interaction neighborhood. We conduct experiments with …
Persistent link: https://www.econbiz.de/10009403395
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10008480923
This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with multiple Pareto-ranked equilibria. Endogenous group formation means that in each period players are free to choose among two or more groups within which they want to play the...
Persistent link: https://www.econbiz.de/10005761696
promoting social norms. We show here, using experiments with human subjects, that public implementation of punishment can … punishment is widely agreed to be potentially useful in fostering cooperation, many recent results in psychology and economics … interests, we find that privately implemented punishment reduces cooperation relative to a baseline treatment without punishment …
Persistent link: https://www.econbiz.de/10005822503
We report evidence from public goods experiments with and without punishment which we conducted in Russia with 566 … because of its long history of collectivism, and a huge urban-rural gap. In contrast to previous experiments we find no … cooperation-enhancing effect of punishment. An important reason is that there is substantial spiteful punishment of high …
Persistent link: https://www.econbiz.de/10005763774