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Malevolent governance, intra-group conflict and the paradox of the plenty: An experiment
Puzon, Klarizze Anne; Willinger, Marc - In: Games 7 (2016) 1, pp. 1-11
Using a laboratory experiment, we behaviourally study the impact of a sudden increase in the common-pool size on within-group conflict, i.e., the paradox of the plenty. We also consider the potential role of governance in avoiding this paradox. In the first stage, a randomly-chosen leader of the...
Persistent link: https://www.econbiz.de/10011709873
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Malevolent governance, intra-group conflict and the paradox of the plenty : an experiment
Puzon, Klarizze Anne; Willinger, Marc - In: Games 7 (2016) 1, pp. 1-11
Using a laboratory experiment, we behaviourally study the impact of a sudden increase in the common-pool size on within-group conflict, i.e., the paradox of the plenty. We also consider the potential role of governance in avoiding this paradox. In the first stage, a randomly-chosen leader of the...
Persistent link: https://www.econbiz.de/10011453120
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A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction
Ert, Eyal; Erev, Ido; Roth, Alvin E. - In: Games 2 (2011) 3, pp. 257-276
fairness. The probability of using the different rules is assumed to be stable over games. The estimated parameters imply that …
Persistent link: https://www.econbiz.de/10009203557
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Tacit Collusion under Fairness and Reciprocity
İriş, Doruk; Santos-Pinto, Luís - In: Games 4 (2013) 1, pp. 50-65
with unkind actions (negative reciprocity), while at the same time, it responds to kind behavior of rivals with kind … actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards … competing firms provided that they consider collusive prices to be kind and punishment prices to be unkind. Thus, reciprocity …
Persistent link: https://www.econbiz.de/10011030515
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The impact of the irrelevant: Temporary buy-options and bidding behavior in auctions
Peeters, Ronald; Strobel, Martin; Vermeulen, Dries; … - In: Games 7 (2016) 1, pp. 1-19
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and bidding behavior in (online) proxy-auctions with independent private valuations. We show that temporary buy-options may reduce revenues for two reasons: At low buy-prices, the...
Persistent link: https://www.econbiz.de/10011709877
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Anger management: Aggression and punishment in the provision of public goods
Gee, Laura K.; Lyu, Xinxin; Urry, Heather - In: Games 8 (2017) 1, pp. 1-28
The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...
Persistent link: https://www.econbiz.de/10011709915
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Incentive magnitude effects in experimental games: Bigger is not necessarily better
Pulford, Briony D.; Colman, Andrew M.; Loomes, Graham - In: Games 9 (2018) 1, pp. 1-10
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/10011852721
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Voluntary disclosure of private information and unraveling in the market for lemons: An experiment
Benndorf, Volker - In: Games 9 (2018) 2, pp. 1-17
We experimentally analyze a lemons market with a labor-market framing. Sellers are referred to as 'workers' and have the possibility to provide 'employers' with costly but credible information about their 'productivity'. Economic theory suggests that in this setup, unraveling takes place and a...
Persistent link: https://www.econbiz.de/10011852739
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The impact of the irrelevant : temporary buy-options and bidding behavior in auctions
Peeters, Ronald; Strobel, Martin; Vermeulen, Dries; … - In: Games 7 (2016) 1, pp. 1-19
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and bidding behavior in (online) proxy-auctions with independent private valuations. We show that temporary buy-options may reduce revenues for two reasons: At low buy-prices, the...
Persistent link: https://www.econbiz.de/10011453215
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Anger management : aggression and punishment in the provision of public goods
Gee, Laura K.; Lyu, Xinxin; Urry, Heather - In: Games 8 (2017) 1, pp. 1-28
The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...
Persistent link: https://www.econbiz.de/10011621328