Showing 1 - 10 of 162
-negligible risk of successful counter-attack by initiating the coordination. These findings provide insights for understanding social … dynamics in group coordination. …
Persistent link: https://www.econbiz.de/10012603859
Friendship is commonly assumed to reduce strategic uncertainty and enhance tacit coordination. However, this assumption … has never been tested across two opposite poles of coordination involving either strategic complementarity or … substitutability. We had participants interact with friends or strangers in two classic coordination games: the stag hunt game, which …
Persistent link: https://www.econbiz.de/10012215990
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the stochastic contest a contestant wins the entire rent with probability equal to her share of rent-seeking expenditures; in the deterministic contest she receives a share of the rent...
Persistent link: https://www.econbiz.de/10009618920
Competition between groups is ubiquitous in social and economic life, and groups are typically not created equal. Here we experimentally investigate the implications of this general observation on the unfolding of symmetric and asymmetric competition between groups that are either homogeneous or...
Persistent link: https://www.econbiz.de/10011872326
coordination in a minimum effort game. Choosing the highest effort is the payoff dominant Nash equilibrium in this game, and … benefits of coordination are low compared to the cost of mis-coordination. In this environment, players converge to the most … effort is observed by the rest of the group. We study whether leadership can prevent coordination failure and whether …
Persistent link: https://www.econbiz.de/10011318403
involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant …Experimental research has shown that ordinary people often perform remarkably well in solving coordination games that … anonymous players, here we study behaviour in a set of two player coordination games and compare the outcomes depending on …
Persistent link: https://www.econbiz.de/10012704757
It is commonly assumed that friendship should decrease strategic uncertainty in games involving tacit coordination …. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and …
Persistent link: https://www.econbiz.de/10011660682
. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and …. Friendship thus appears to have a very different impact on coordination games involving strategic complements and substitutes. We …
Persistent link: https://www.econbiz.de/10011817934
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010417195
opportunities, heterogeneity crucially affects cooperation and coordination within groups. Compared to non-privileged groups …We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at …
Persistent link: https://www.econbiz.de/10009578217