networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … experimental game on eight-person networks. Free-form chat is enormously effective in achieving the non-equilibrium efficient …

This paper analyses bargaining over an incentive compatible contract in a moral hazard framework. We introduce the … Kalai-Smorodinsky bargaining solution and compare the outcome with the commonly applied Nash solution. Whether worker …'s effort is higher in the Nash or the Kalai-Smorodinsky solution depends on the agents. bargaining power. If agents have equal …

We experimentally investigate a bargaining environment in which players negotiate over a fixed payment to one player …. Moreover, bargaining frictions increase as risk increases, and we document more frequent disagreements as risk increases. When … bargaining models require some separation between the determinants of bargaining power and fair compensation for risk exposure. …

We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned … explained by a stronger connection between the tension in first proposals and the final bargaining outcome under time pressure …

artificial intelligence may or may not be cooperative. We study the deter-minants and forms of algorithmic cooperation in the … prisoner’s dilemma games played by humans in the lab. We find that the same factors that increase human cooperation largely … also determine the cooperation rates of algorithms. However, algorithms tend to play different strategies than humans …