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In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in which every player wants to contribute to the public...
Persistent link: https://www.econbiz.de/10010496893
the experiment. Moreover, the group effect on the ambiguity-generated insensitivity seems domain dependent. …
Persistent link: https://www.econbiz.de/10014431395
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … ; experiment …
Persistent link: https://www.econbiz.de/10003923092
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit …
Persistent link: https://www.econbiz.de/10013418834
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
predictions of evolutionary game theory. -- evolutionary dynamics ; Hawk-Dove game ; game theory ; laboratory experiment …Human players in our laboratory experiment received flow payoffs over 120 seconds each period from a standard Hawk …
Persistent link: https://www.econbiz.de/10003994144
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010518803
The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...
Persistent link: https://www.econbiz.de/10011506494
accumulation of public debt. We test our model in a laboratory experiment and confirm the central predictions. …
Persistent link: https://www.econbiz.de/10011536215