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We use the voluntary contribution mechanism to investigate whether smaller action sets lead to higher cooperation rates. We find that this is the case for groups of four players.
Persistent link: https://www.econbiz.de/10005023442
This paper presents experimental evidence from a simple three-person game showing that many individuals are willing to avenge third-party punishment in one-shot interactions. The threat of counter-punishment has a large negative effect on the willingness of third parties to punish selfish...
Persistent link: https://www.econbiz.de/10010743720
We perform a within-subject analysis of pro-social behavior in the public-good and gift-exchange game. We find that participants classified as cooperators in the public-good game tend to reciprocate higher wages in the gift-exchange game with higher levels of effort. Non-cooperators do not...
Persistent link: https://www.econbiz.de/10010743727