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-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income … punishment behavior. (3) Thereare discontinuous "jumps" in the behavior of responders. They either chooseno punishment (destroy … nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the …
Persistent link: https://www.econbiz.de/10011301155
Recent theoretical work shows that folk theorems can be developed for infiniteoverlapping generations games. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe inefficient non-cooperative equilibrium. This paper...
Persistent link: https://www.econbiz.de/10011301169
threat of terminating them from the team (Alchian and Demsetz, 1972). We extend a standard weakest link experiment with a …
Persistent link: https://www.econbiz.de/10010532586
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...
Persistent link: https://www.econbiz.de/10011333886
dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …
Persistent link: https://www.econbiz.de/10011349704
size of credible deviations. ACDC organizes the results from several cheap talk experiments in which behavior converged to …
Persistent link: https://www.econbiz.de/10010477113
the size of credible deviations. In our experiment, we find support for the relevance of credible deviations. In addition … experiments. …
Persistent link: https://www.econbiz.de/10011383193
cost in a controlled large-scale laboratory experiment, where subjects play the volunteer's dilemma only once. The … experiment varies group sizes ranging from groups of 3 to about 100, and 2 different cost/benefit ratios. Results show that high …
Persistent link: https://www.econbiz.de/10011901874
We study a giver's generosity depending on her relationship with the recipient and the observer. We assign different group identities to the players using a variation of the minimumgroup paradigm, and test the effect of group memberships on altruistic giving in the dictator game with a passive...
Persistent link: https://www.econbiz.de/10012030650
-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication …
Persistent link: https://www.econbiz.de/10014299618