Showing 1 - 10 of 2,172
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 … 'Gefangenendilemma' zu identifizieren. Die Teilnehmer werden gebeten, Strategien zu entwerfen, die an ihrer Stelle spielen sollen. Dabei …
Persistent link: https://www.econbiz.de/10010195365
This paper considers factor estimation from heterogenous data, where some of the variables are noisy and only weakly informative for the factors. To identify the irrelevant variables, we search for zero rows in the loadings matrix of the factor model. To sharply separate these irrelevant...
Persistent link: https://www.econbiz.de/10009674269
different software packages. To ease the selection process, we develop a decision tree whose branches combine conceptual … finally illustrate the decision tree on selected German macroeconomic time series. …
Persistent link: https://www.econbiz.de/10011452778
Social interactions predominantly take place under the shadow of the future. Previous literature explains cooperation … paper provides a causal test of the importance of social preferences for cooperation, varying the composition of …-registered experiments (N = 1,074), we show that groups of prosocial individuals achieve substantially higher levels of cooperation. The …
Persistent link: https://www.econbiz.de/10014481063
online experiment. We observe high levels of cooperation and the typical conditional contribution patterns in a modified …We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and … public goods game. When linking experiment and company record data, we observe that cooperative attitudes of employees do not …
Persistent link: https://www.econbiz.de/10012236842
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322
Reanalyzing 12 experiments on the repeated prisoner's dilemma (PD), we robustly observe three distinct subject types: defectors, cautious cooperators and strong cooperators. The strategies used by these types are surprisingly stable across experiments and uncorrelated with treatment parameters,...
Persistent link: https://www.econbiz.de/10012617057
post announcement mechanism does not have a significant effect on the cooperation rate. However, the nudge leads to a … striking increase in the cooperation rate. We provide suggestive evidence that the nudge we use provides subjects with a focal …
Persistent link: https://www.econbiz.de/10011982104
Persistent link: https://www.econbiz.de/10013472942
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/10014458804