Showing 1 - 10 of 3,219
results with those obtained in sociology. -- Random graph ; game theory ; centrality measures ; network formation ; weak and … network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10003925546
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a "star" structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast …
Persistent link: https://www.econbiz.de/10003115141
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013345861
rounds and the end-game effect is reversed. -- public goods experiment ; end-game effect ; free-riding …
Persistent link: https://www.econbiz.de/10009727615
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network … matters for friendship ties but that structural network variables are important in all network dimensions. Importantly, these … effects are not invariant across different network dimensions. We also find that individual characteristics are unrelated with …
Persistent link: https://www.econbiz.de/10009312929
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10003898061
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual …
Persistent link: https://www.econbiz.de/10009683019
The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...
Persistent link: https://www.econbiz.de/10003741924
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge of the game structure and feedback about choices in the previous period, we run treatments (i) without feedback about previous play, (ii) with no information about the...
Persistent link: https://www.econbiz.de/10003747648