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starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …
Persistent link: https://www.econbiz.de/10012014878
Social dilemmas are among the most puzzling issues in the biological and social sciences. Extensive theoretical efforts have been made in various realms such as economics, biology, mathematics, and even physics to figure out solution mechanisms to the dilemma in recent decades. Although...
Persistent link: https://www.econbiz.de/10012015563
another structural setting: a system of generalized exchange. In a laboratory experiment, a repeated four-player prisoner …’s dilemma is arranged either in a public good structure or in a circular network of generalized exchange. The experimental … was also altruistic and relatively frequent, but did not increase cooperation. While the dense punishment network …
Persistent link: https://www.econbiz.de/10012547824
Theoretical and empirical studies have generally weighed the effect of peer punishment and pool punishment for sanctioning free riders separately. However, these sanctioning mechanisms often pose a puzzling tradeoff between efficiency and stability in detecting and punishing free riders. Here,...
Persistent link: https://www.econbiz.de/10011383961
We experimentally investigate whether individuals are more likely to engage in dishonest behavior after having experienced unfairness perpetrated by an individual with a salient group identity. Two individuals generate an endowment together, but only one can decide how to share it. They either...
Persistent link: https://www.econbiz.de/10011709208
dimensions of our identity (“homophily”). Lab studies of network formation games have found that adherence to social norms of … reciprocity and inequity aversion are also drivers of network choices. No study so far has attempted to investigate the role of … both homophily and social norms in a controlled environment. At the beginning of our experiment, each player fills in a …
Persistent link: https://www.econbiz.de/10011993333
design allows players to choose different strategies against each different neighbor. The games were played in two network …
Persistent link: https://www.econbiz.de/10010417115
Network reciprocity has been successfully put forward (since M. A. Nowak and R. May's, 1992, influential paper) as the … systems. The mechanism is actually the network, which makes agents' interactions localized, while network reciprocity is the … models, the property holds under imitative evolutionary processes, whereas cooperation disappears in any network if imitation …
Persistent link: https://www.econbiz.de/10012431828
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
Imitation of the successful choices of others is a simple and superficially attractive learning rule. It has been shown to be an important driving force for the strategic behavior of (young) adults. In this study we examine whether imitation is prevalent in the behavior of children aged between...
Persistent link: https://www.econbiz.de/10011849211