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’s choice. The results show that second mover cooperation is higher when the first mover has little control over their choice … and when the second mover is not told what the first mover chose. While subject behavior is consistent with concerns for … mover cooperation and provide potential explanations for the experimental results. …
Persistent link: https://www.econbiz.de/10012591536
's choice. The results show that second mover cooperation is higher when the first mover has little control over their choice … and when the second mover is not told what the first mover chose. While subject behavior is consistent with concerns for … mover cooperation and provide potential explanations for the experimental results. …
Persistent link: https://www.econbiz.de/10013200120
Explaining human cooperation in large groups of non-kin is a major challenge to both rational choice theory and the … theory of evolution. Recent research suggests that group cooperation can be explained by positing that cooperators can punish … informed about the behavior of all others and cheating occurs in full view. We demonstrate that under more realistic …
Persistent link: https://www.econbiz.de/10008682981
Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
Persistent link: https://www.econbiz.de/10011709869
Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
Persistent link: https://www.econbiz.de/10011384070
We investigate experimentally whether the extent of conditional cooperation in public good games depends on the … leads and three follow. Even though we observe less conditional cooperation for an MPCR of 0.2, the prevalence of … conditional cooperation remains relatively stable to changes in the MPCR and game timing. In contrast, the level of MPCR has a …
Persistent link: https://www.econbiz.de/10010970523
. The model also predicts different bidding behavior in second price as compared to ascending-bid auctions. The paper also …
Persistent link: https://www.econbiz.de/10009294862
Two independent, but related, choice prediction competitions are organized that focus on behavior in simple two …, and derive the predicted behavior as an output. The submission deadline is 1 December 2011, the results of the competition …
Persistent link: https://www.econbiz.de/10009203557
-mover behavior based on inequality aversion are in contrast to reciprocity. We find that inequality aversion explains only few …We study behavior in a moonlighting game with unequal initial endowments. In this game, predictions for second … observations. The comparison to a treatment with equal endowments supports the conclusion that behavior is better captured by …
Persistent link: https://www.econbiz.de/10008685288
I use data from a previous experiment for classifying subjects based on their behavior in the trust game. Prior … literature defines a “reciprocity effect” as the tendency for Second Movers to return proportions increasing in the amounts that … they receive. In the data that I use, 31% of Second Movers show reciprocity effects, 31% are neutral, and 25% consistently …
Persistent link: https://www.econbiz.de/10011030502