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We investigate experimentally whether entry costs have an impact on the evolutionof cooperation in a social dilemma game. In particular, subjects repeatedly playthe so-called takeover game with anonymous partners randomly drawn from a fixedpopulation of participants. The game represents a social...
Persistent link: https://www.econbiz.de/10005866640
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995 …). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are …
Persistent link: https://www.econbiz.de/10005866876