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Group size, coordination, and the effectiveness of punishment in the voluntary contributions mechanism : an experimental investigation

Xu, Bin; Cadsby, Charles Bram; Fan, Liangcong; Song, Fei - In: Games 4 (2013) 1, pp. 89-105

We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...

Persistent link: https://www.econbiz.de/10009754878

Recent advances in experimental studies of social dilemma games

Chaudhuri, Ananish - In: Games 7 (2016) 1, pp. 1-11

I provide a broad overview of the findings reported in the articles submitted for this special volume on experimental studies of social dilemma problems. I start by providing a synopsis of where current research stands on this topic. Then I go on to discuss the specific papers and how those...

Persistent link: https://www.econbiz.de/10011453100

The evolution of networks and local public good provision : a potential approach

Kinateder, Markus; Merlino, Luca Paolo - In: Games 12 (2021) 3, pp. 1-12

In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....

Persistent link: https://www.econbiz.de/10012591497

Punishment strategies across societies : conventional wisdoms reconsidered

Suleiman, Ramzi; Samid, Yuval - In: Games 12 (2021) 3, pp. 1-23

Experiments using the public goods game have repeatedly shown that in cooperative social environments, punishment makes cooperation flourish, and withholding punishment makes cooperation collapse. In less cooperative social environments, where antisocial punishment has been detected, punishment...

Persistent link: https://www.econbiz.de/10012607461

Economic harmony : a rational theory of fairness and cooperation in strategic interactions

Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21

Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...

Persistent link: https://www.econbiz.de/10013252726

The role of cultural capital on the voluntary contributions to cultural goods : a differential game approach

Finocchiaro Castro, Massimo; Mazza, Isidoro; Romeo, Domenica - In: Games 12 (2021) 1/27, pp. 1-11

This study aims to offer a formal analysis which relates provision of cultural goods to the society's level of cultural capital. Such a level is assumed to already exist in society and is increasable thanks to individual support for the offer of cultural goods. The achievement of the highest...

Persistent link: https://www.econbiz.de/10012493305

Belief heterogeneity and the restart effect in a public goods game

Chaudhuri, Ananish - In: Games 9 (2018) 4/96, pp. 1-20

We explore how subjects with heterogeneous beliefs respond to a surprise restart in a linear public goods game played for 20 rounds using either a "partners" or a "strangers" protocol. There are two restarts: one prior to Round 11 and another prior to Round 16. We elicit subject beliefs at the...

Persistent link: https://www.econbiz.de/10012014922

Explaining cooperative behavior in public goods games : how preferences and beliefs affect contribution levels

Ackermann, Kurt A.; Murphy, Ryan O. - In: Games 10 (2019) 1/15, pp. 1-34

There is a large body of evidence showing that a substantial proportion of people cooperate in public goods games, even if the situation is one-shot and completely anonymous. In the present study, we bring together two major endogenous factors that are known to affect cooperation levels, and in...

Persistent link: https://www.econbiz.de/10012015524

How to analyze models of nonlinear public goods

Archetti, Marco - In: Games 9 (2018) 2/17, pp. 1-15

Public goods games often assume that the effect of the public good is a linear function of the number of contributions. In many cases, however, especially in biology, public goods have nonlinear effects, and nonlinear games are known to have dynamics and equilibria that can differ dramatically...

Persistent link: https://www.econbiz.de/10011849547

Contract and game theory : basic concepts for settings with finite horizons

Watson, Joel - In: Games 4 (2013) 3, pp. 457-496

This paper examines a general model of contract in multi-period settings with both external and self-enforcement. In … the model, players alternately engage in contract negotiation and take individual actions. A notion of contractual … relationship. In particular, the model shows the importance of accounting for the self-enforced component of contract in the …

Persistent link: https://www.econbiz.de/10009785335