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The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that an increase in stake size does neither significantly affect cooperation nor, interestingly, the level of punishment.
Persistent link: https://www.econbiz.de/10011350382
We study fairness and reciprocity in a Hawk-Dove game. This alllows us to testvarious models in one framework. We observe a large extent of selfish and rationalbehavior. Our results are inconsistent with leading models in this field.
Persistent link: https://www.econbiz.de/10011327528
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10011343948
In economic environments, decision-makers can strategically delay irreversible investments to learn from the actions of others. This creates free-riding incentives and can lead to socially suboptimal outcomes. We experimentally examine if and how communication mitigates this free-riding problem...
Persistent link: https://www.econbiz.de/10014299600
This paper develops a model of conflict resolution over scarce water in a trans-boundary river. In our model, we … along the river, they sequentially bargain over the surplus of water, or decide to engage in a military conflict with their … upstream neighbour. The probability of winning a military conflict is determined by a contest success function which depends on …
Persistent link: https://www.econbiz.de/10012195325
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment consists of three parts. In the first part the value orientation (attitude to a generalized other) is measured. In the second part couples play 25 periods of a public good game....
Persistent link: https://www.econbiz.de/10010232143
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Persistent link: https://www.econbiz.de/10009722944
We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the successful firm,following the exemplary firm, andbelief learning.Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash...
Persistent link: https://www.econbiz.de/10010371113