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. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe … inefficient non-cooperative equilibrium. This paper investigatesexperimentally whether cooperation actually occurs in a simple …
Persistent link: https://www.econbiz.de/10011257625
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10011256568
high take rates; (2) coordination on the same destruction level is stronger among friends; (3) the high level of … coordination among friends can be explained by their emotional reaction towards one another; (4) the difference between the actual …
Persistent link: https://www.econbiz.de/10011257571
</I>.<P> This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small decay … set contains large- as well as small-diameter networks. For all benefit functions, the periphery-sponsored star is the … most stable. When the marginal benefits of information are constant, all non-star networks are equally stable. With …
Persistent link: https://www.econbiz.de/10011256446
robust features of equilibrium networks. We find that in a society with many groups, where it is cheaper to connect within …
Persistent link: https://www.econbiz.de/10011256954
. 599-635.<P> It is widely recognized that the shape of networks influences both individual and aggregate behavior. This … raises the question which types of networks are likely to arise. Our paper fits into the literature that addresses this … case of two groups. In this paper we give a full characterization of the networks induced by a minimal curb set for any …
Persistent link: https://www.econbiz.de/10011257392
This discussion paper has led to a publication in <A href="http://www.springerlink.com/content/r6x36x128621t040/">'Journal of Risk and Uncertainty'</A>, 44(1), 45-72.<P>This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on...</p></a>
Persistent link: https://www.econbiz.de/10011255676
In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...
Persistent link: https://www.econbiz.de/10011257191
Theoretical research on claims problems has concentrated on normative properties and axiomatizations of solution concepts. We complement these analyses by empirical evidence on the predictability of three classical solution concepts in a bankruptcy problem. We examine both people's impartial...
Persistent link: https://www.econbiz.de/10011257568
The power to take game is a simple two player game where players arerandomly divided into pairs consisting of a take authority and responder.Both players in each pair have earned an own income in an individual realeffort decision-making experiment preceding the take game. The gameconsists of two...
Persistent link: https://www.econbiz.de/10011255559