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We investigate in a laboratory setting whether revealing information on intelligence affects behavior in games with repeated interactions. In our experimental design we communicate information on the cognitive ability of both players. We use three stage games: Prisoners' Dilemma (PD) and two...
Persistent link: https://www.econbiz.de/10012652718
We explore the relationship between individuals' disposition to cooperate and their inclination to engage in peer punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we identify individual punishment patterns and link them with...
Persistent link: https://www.econbiz.de/10011587542
We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...
Persistent link: https://www.econbiz.de/10011864590
evolutionary game theory model, where higher IQ among subjects determines - through better working memory - a lower frequency of …
Persistent link: https://www.econbiz.de/10012158710
Algorithms play an increasingly important role in economic situations. These situations are often strategic, where the artificial intelligence may or may not be cooperative. We study the deter-minants and forms of algorithmic cooperation in the infinitely repeated prisoner’s dilemma. We run a...
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This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two … is to show how a dictatorship can manipulate trade policy to maintain its grip on power in the face of permanent world …
Persistent link: https://www.econbiz.de/10011721779
democratization. I think of situations where this is a possibility as democratic tipping points. The transitory events I focus on are … rainfall shocks in the most agricultural countries in the world. I show that while these shocks only affect agricultural output …
Persistent link: https://www.econbiz.de/10011809938