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Risk, Temptation, and Efficiency in the One-Shot Prisoner's Dilemma
Gaechter, Simon; Lee, Kyeongtae; Sefton, Martin; Weber, … - 2021
The prisoner’s dilemma (PD) is arguably the most important model of social dilemmas, but our knowledge about how a PD’s material payoff structure affects cooperation is incomplete. In this paper we investigate the effect of variation in material payoffs on cooperation, focussing on one-shot...
Persistent link: https://www.econbiz.de/10013312072
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Labour disputes and the game of legal representation
Fraisse, Henri - 2010
This paper explores the prisoner's dilemma that may result when workers and firms are involved in labour disputes and must decide whether to hire a lawyer to be represented at trial. Using a representative data set of labour disputes in the UK and a large population of French unfair dismissal...
Persistent link: https://www.econbiz.de/10010270486
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Intelligence, Errors and Strategic Choices in the Repeated Prisoners' Dilemma
Proto, Eugenio - 2020
evolutionary game theory model, where higher IQ among subjects determines - through better working memory - a lower frequency of …
Persistent link: https://www.econbiz.de/10012842383
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Predicting Student Dropout : A Replication Study Based on Neural Networks
Buchhorn, Jascha; Wigger, Berthold Ulrich - 2021
Using neural networks, the present study replicates previous results on the prediction of student dropout obtained with decision trees and logistic regressions. For this purpose, multilayer perceptrons are trained on the same data as in the initial study. It is shown that neural networks lead to...
Persistent link: https://www.econbiz.de/10013211739
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Tackling Large Outliers in Macroeconomic Data with Vector Artificial Neural Network Autoregression
Polito, Vito; Zhang, Yunyi - 2021
We develop a regime switching vector autoregression where artificial neural networks drive time variation in the coefficients of the conditional mean of the endogenous variables and the variance covariance matrix of the disturbances. The model is equipped with a stability constraint to ensure...
Persistent link: https://www.econbiz.de/10013314694
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Social Preferences under the Shadow of the Future
Kölle, Felix; Quercia, Simone; Tripodi, Egon - 2023
Social interactions predominantly take place under the shadow of the future. Previous literature explains cooperation in indefinitely repeated prisoner's dilemma as predominantly driven by self-interested strategic considerations. This paper provides a causal test of the importance of social...
Persistent link: https://www.econbiz.de/10014377508
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Belief Elicitation : Limiting Truth Telling with Information or Incentives
Danz, David - 2020
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule (BSR) is heralded for its robustness to individuals holding risk averse preferences and for its superior performance when eliciting beliefs. Consequently, the BSR has become the...
Persistent link: https://www.econbiz.de/10012842970
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Spin Doctors : A Model and an Experimental Investigation of Vague Disclosure
Deversi, Marvin - 2018
such positive spin? We use a theoretical model and a laboratory experiment to study the strategic use of vagueness in a … interval that contains her actual type. Theory predicts that when facing a possibly naive receiver, the sender discloses an … interval that separates her from worse types but is upwardly vague. Senders in the experiment adopt this strategy and some …
Persistent link: https://www.econbiz.de/10012908648
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Partial Norms
D'Adda, Giovanna - 2019
related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical …
Persistent link: https://www.econbiz.de/10012889682
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Conspiracy Against the Public €“ an Experiment on Collusion
Johnsen, Åshild A. - 2019
theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be … strengthened if there exist outsiders that gain from cooperative break down. We investigate this in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012892045