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Extending the power-to-take game, we explore the impact of two forces that may shape retaliation. In our 2x2 design, i) in addition to taking, the proposers can give part of their endowment to the responders, and ii) in addition to destroying their own endowment in retaliation, the responders...
Persistent link: https://www.econbiz.de/10014331767
an internet experiment with more than 1,000 participants. We find that men, on average, perform more steps of reasoning …
Persistent link: https://www.econbiz.de/10010347042
This paper studies a game of strategic experimentation in which the players have access to two-armed bandits where the risky arm distributes lumpsum payoffs according to a Poisson process with unknown intensity. Because of free-riding, there is an inefficiently low level of experimentation in...
Persistent link: https://www.econbiz.de/10011410236
Frustration, anger, and aggression have important consequences for economic and social behavior, concerning for example monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we develop a formal approach to exploring how...
Persistent link: https://www.econbiz.de/10010496082
We study equilibrium reporting behavior in Fischbacher and Föllmi-Heusi (2013) type cheating games when agents have a fixed cost of lying and image concerns not to be perceived as a liar. We show that equilibria naturally arise in which agents with low costs of lying randomize among a set of...
Persistent link: https://www.econbiz.de/10011603130
This study shows the uniqueness of Nash equilibrium in the model of multiple voluntarily supplied public goods with potential contributors possessing different Cobb-Douglas preferences. This study provides a sufficient condition for uniqueness using graph theory. This sufficient condition allows...
Persistent link: https://www.econbiz.de/10011853293
empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover's lying propensity …
Persistent link: https://www.econbiz.de/10011933920
This paper examines the usefulness of Kalai (2020)'s measure of the viability of Nash equilibrium. We experimentally study a class of participation games, which differ in the number of players, the success threshold, and the payoff to not participating. We find that Kalai's measure captures well...
Persistent link: https://www.econbiz.de/10013362381
This paper explores the reluctance of men (women) to acknowledge or recognise the work, comments, and claims of new ideas by other men (women) via widespread and intense demonstrations of indifference. Instances like desk rejections by journals by not allowing papers to reach a review stage,...
Persistent link: https://www.econbiz.de/10014265989
Persistent link: https://www.econbiz.de/10003377041