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We analyze a repeated principal-agent setting in which the principal cares about the agent's verifiable effort as well as an extra profit that can be generated only if the agent is talented. The agent is overconfident about his talent and updates beliefs using Bayes' rule. An exploitation...
Persistent link: https://www.econbiz.de/10014292070
Intelligence and personality significantly affect social outcomes of individuals. We study how and why these traits affect the outcome of groups, looking specifically at how these characteristics operate in repeated interactions providing opportunity for profitable cooperation. Our experimental...
Persistent link: https://www.econbiz.de/10011547729
To examine the effect of group size on the stability of prosocial behavior we used standard one-shot public good experiments with two and four subjects, which were conducted repeatedly three times at intervals of one week. Partner and stranger treatments were employed to control for group...
Persistent link: https://www.econbiz.de/10010492332
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of …
Persistent link: https://www.econbiz.de/10008697819
outcome will prevail. We performed an experiment with human subjects exploring how free neighborhood choice affects … coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a …
Persistent link: https://www.econbiz.de/10012506919
disrupts coordination on outcomes with positive payoffs, as higher intelligence players try to force their most preferred …. Disclosure does not significantly affect coordination rates. Differently from the low payoff inequality game, coordination is … achieved more often on outcomes that favour less intelligent players. We conjecture that when coordination becomes more …
Persistent link: https://www.econbiz.de/10012652718
Persistent link: https://www.econbiz.de/10003662959
This paper addresses the problem of partial tax coordination among regional or national sovereign governments in a … repeated game setting. We show that partial tax coordination is more likely to prevail if the number of regions in a coalition …, partial tax coordination is more likely to prevail if the preference for a local public good is stronger. The main driving …
Persistent link: https://www.econbiz.de/10003994121
coordination ; asymmetric countries ; repeated game ; tax competition …
Persistent link: https://www.econbiz.de/10008732333
Beyond the traditional debates over information exchange vs flat taxation at source, legislative advances have produced interesting innovations and suggestions concerning how to tax international savings. We examine some of these advances, which we then use to set forth and investigate a...
Persistent link: https://www.econbiz.de/10002522593