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opportunity for profitable cooperation. Our experimental method creates two groups of subjects who are similar but have different … long-run losses. Initially similar, cooperation rates for groups with different intelligence levels diverge, declining in … groups of lower intelligence, and increasing to reach almost full cooperation levels in groups of higher intelligence …
Persistent link: https://www.econbiz.de/10011555563
We experimentally investigate behavior and beliefs in a sequential prisoner’s dilemma. Each subject had to choose an action as first-mover and a conditional action as second-mover. All subjects also had to state their beliefs about others’ second-mover choices. We find that subjects’...
Persistent link: https://www.econbiz.de/10011615913
venture, the firms do not necessary choose the highest degree of cooperation available. …
Persistent link: https://www.econbiz.de/10010261135
Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa …
Persistent link: https://www.econbiz.de/10010261410
unique equilibrium where legal enforcement remains weak and individual values discourage cooperation. …
Persistent link: https://www.econbiz.de/10010264316
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10010265993
cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral … cooperation for pairs of market-winners, market-losers and mixed pairs and study both the cases where interaction in the social … experience has adverse effects on the efficiency of cooperation on both market-winner and market-loser pairs. In market …
Persistent link: https://www.econbiz.de/10011431230
cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People …
Persistent link: https://www.econbiz.de/10011431340
-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions …
Persistent link: https://www.econbiz.de/10011451395
Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper …, we conduct a novel time-pressure experiment to shed light on the cognitive underpinnings of cooperation. Although we find … finding that fast and intuitive decision making promotes cooperation. Given payoff comprehension, the SHH predicts behavior …
Persistent link: https://www.econbiz.de/10011480458