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experiment. We ask subjects to design strategies that will play in their place. We find that eliciting strategies has negligible …-Stay-Lose-Shift, are not prevalent. We also find that the strategies used to support cooperation change with the parameters of the game …. Zudem stellt sich heraus, dass die Strategien, die Kooperation unterstützen sollen, sich mit den Parametern des Spiels …
Persistent link: https://www.econbiz.de/10010195365
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising … of institutional choice. Almost all institutions improve cooperation if they are implemented, but they are not always … identified as important determinants of institutional choice. Cooperation tends to be higher under endogenously chosen …
Persistent link: https://www.econbiz.de/10012010646
Governments often provide their citizens with goods and services that are also supplied in markets: education, housing, nutritional assistance, etc. We analyze the political economy of the public provision of private goods when individuals care about their social image. We show that image...
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alternative evolutionary explanation of EU regional policy which is able to overcome the theory-immanent contradiction of the …
Persistent link: https://www.econbiz.de/10011479448
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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10013331070