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We had participants play two sets of repeated Prisoner’s Dilemma (RPD) games, one with a large continuation probability and the other with a small continuation probability, as well as Dictator Games (DGs) before and after the RPDs. We find that, regardless of which is RPD set is played first,...
Persistent link: https://www.econbiz.de/10011848339
mechanisms to the dilemma in recent decades. Although punishment is thought to be a key mechanism, evolutionary game theory has … revealed that the simplest form of punishment called peer punishment is useless to solve the dilemma, since peer punishment … itself is costly. In the literature, more complex types of punishment, such as pool punishment or institutional punishment …
Persistent link: https://www.econbiz.de/10012015563
prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …
Persistent link: https://www.econbiz.de/10013368182
welfare is reduced is that punishment can express anger about free-riding. If this is the case, then tools that regulate … aggression. In this lab experiment, we find that adopting an objective attitude (objective), through a form of emotion regulation …
Persistent link: https://www.econbiz.de/10011621328
We study framing effects in repeated social dilemmas by comparing payoff-equivalent Give- and Take-framed public goods games under varying matching mechanisms (Partners or Strangers) and levels of feedback (Aggregate or Individual). In the Give-framed game, players contribute to a public good,...
Persistent link: https://www.econbiz.de/10011383730
hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …
Persistent link: https://www.econbiz.de/10012547790
Using a laboratory experiment, we behaviourally study the impact of a sudden increase in the common-pool size on within …
Persistent link: https://www.econbiz.de/10011453120
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and …
Persistent link: https://www.econbiz.de/10011453215
In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011848336
by refining the assessment function, resolving the punishment dilemma, and presenting a complete solution to the social …
Persistent link: https://www.econbiz.de/10012431933