Showing 1 - 10 of 81
We analyze the interplay of group identity and inter-group conflict in a contest where each of two conflicting groups …
Persistent link: https://www.econbiz.de/10010957285
The generic alliance game considers players in an alliance who fight against an external enemy. After victory, the alliance may break up, and its members fight against each other about the spoils of the victory. Our experimental analysis of this game shows: In-group solidarity vanishes after the...
Persistent link: https://www.econbiz.de/10010955167
Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature investigates team decisions in different settings. We study team...
Persistent link: https://www.econbiz.de/10011163935
In this experiment, we endogenize the choice of which contribution scheme is implemented in a public good game. We investigate three rule-based contribution schemes and a voluntary contribution mechanism (VCM). The game is implemented either as a Single- or a Multi-Phase Game. In the...
Persistent link: https://www.econbiz.de/10011164040
What makes you a successful cooperator? Using data from the British television game show ``Golden Balls'' we analyze a prisoner's dilemma game and its pre-play. We find that players strategically select their partner for the PD, e.g., they bear in mind whether contestants lied. Players'...
Persistent link: https://www.econbiz.de/10010984937
In this paper we analyze how rati cation uncertainty impacts the optimal terms of international environmental agreements (IEAs). We relax the frequent assumption of countries as unitary actors by modeling the rati cation stage through uncertain preferences of a ratifying agent (e.g. the pivotal...
Persistent link: https://www.econbiz.de/10010986011
Economists usually think that rational voters have little incentives to acquire costly information. We present a theoretical model to show that, in contrast to this widely held belief, rational voters acquire considerable amounts of information if media technology is available because then they...
Persistent link: https://www.econbiz.de/10010958079
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...
Persistent link: https://www.econbiz.de/10011163900
In this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefit of voting does...
Persistent link: https://www.econbiz.de/10010955168
This paper analyzes a two-player all-pay auction with incomplete information. More precisely, one bidder is uncertain about the size of the initial advantage of his rival modeled as a head start in the auction. I derive the unique Bayesian Nash equilibrium outcome for a large class of cumulative...
Persistent link: https://www.econbiz.de/10010957988