Showing 1 - 10 of 2,441
initial cooperation rates are similar, it increases in the groups with higher intelligence to reach almost full cooperation … differences in the response to past cooperation of the partner. In higher intelligence subjects, cooperation after the initial … difference is absent. Cooperation of higher intelligence subjects is payoff sensitive, thus not automatic: in a treatment with …
Persistent link: https://www.econbiz.de/10010409805
BoS, with high and low payoff inequality. In PD, disclosure markedly hampers cooperation, as higher intelligence players …
Persistent link: https://www.econbiz.de/10013286604
of universal cooperation because the more prosocial subjects populate the two efficient institutions first, elect … prosocial judges (if institutionally possible), and immediately establish a social norm of high cooperation. This norm appears … to guide subjects' cooperation and punishment choices, including the virtually complete removal of antisocial punishment …
Persistent link: https://www.econbiz.de/10011844819
mediated by differences in cognitive skills. Our design uses a Repeated Prisoner's Dilemma, and we compare rates of cooperation … higher cooperation rates and profits than in separated groups (with consistent gains among lower IQ subjects and relatively … evolutionary game theory model, where higher IQ among subjects determines - through better working memory - a lower frequency of …
Persistent link: https://www.econbiz.de/10012162894
Existing research supports two opposing mechanisms through which positive mood might affect cooperation. Some studies … have suggested that positive mood produces more altruistic, open and helpful behavior, fostering cooperation. However … reduced use of information, hampering cooperation. We find evidence that suggests the second hypothesis dominates when playing …
Persistent link: https://www.econbiz.de/10011760094
key to the quick emergence of an efficient culture of universal cooperation because the more prosocial subjects populate … social norm of high cooperation. This norm appears to guide subjects' cooperation and punishment choices, including the …
Persistent link: https://www.econbiz.de/10011760106
beliefs with experience are central to understanding behavior and learning in the IRPD. Beliefs strongly predict cooperation …
Persistent link: https://www.econbiz.de/10013345861
Some individuals borrow extensively on their credit cards. This paper tests whether present-biased time preferences correlate with credit card borrowing. In a field study, we elicit individual time preferences with incentivized choice experiments, and match resulting time preference measures to...
Persistent link: https://www.econbiz.de/10003859319
It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and transactional anonymity. In poor neighborhoods where street offenses are concentrated, a significant source of circulating cash stems from public assistance or welfare payments. In the...
Persistent link: https://www.econbiz.de/10010398758
In this survey, we review the quantitative macroeconomic literature analyzing consumer debt and default. We start by providing an overview of consumer bankruptcy law in the US and document the relevant institutional changes over time. We proceed with a comprehensive empirical section, describing...
Persistent link: https://www.econbiz.de/10012171050