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Conditional cooperation and the effect of punishment

Kirchkamp, Oliver; Mill, Wladislaw - 2018

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

The peculiar power of pairs

Sass, Markus; Weimann, Joachim - 2015

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

The attack and defense of weakest-link networks

Kovenock, Daniel J.; Roberson, Brian; Sheremeta, Roman M. - 2010

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

Compliance technology and self-enforcing agreements

Harstad, Bård; Lancia, Francesco; Russo, Alessia - 2015

We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...

Persistent link: https://www.econbiz.de/10011350155

Partial tax coordination in a repeated game setting

Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - 2010

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

Partial harmonization of corporate taxes in an asymmetric repeated game setting

Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - 2010

coordination ; asymmetric countries ; repeated game ; tax competition …

Persistent link: https://www.econbiz.de/10008732333

Formal contracts, relational contracts, and the threat-point effect

Itō, Hideshi; Morita, Hodaka - 2011

Can formal contracts help resolving the holdup problem? We address this important question by studying the holdup problem in repeated transactions between a seller and a buyer in which the seller can make relation-specific investments in each period. In contrast to previous findings, we...

Persistent link: https://www.econbiz.de/10009240848

Intelligence, personality and gains from cooperation in repeated interactions

Proto, Eugenio; Rustichini, Aldo; Sofianos, Andis - 2016

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

Implementing partial tax harmonization in an asymmetric tax competition game with repeated interaction

Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - 2015

that regardless of the structure of the coalition (i.e. full or partial tax coordination), whether partial tax …

Persistent link: https://www.econbiz.de/10010509603

When and how the punishment must fit the crime

Mailath, George J.; Nocke, Volker; White, Lucy - 2015

In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...

Persistent link: https://www.econbiz.de/10010485538

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