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-Nash equilibrium behavior; they are more likely to do so when the expected payoffs for such actions increase. Third, experience matters … various non-equilibrium models. We analyze both a level-k framework and an adapted quantal response model. The naive version …
Persistent link: https://www.econbiz.de/10012227763
This paper investigates how the possibility of affecting group composition combined with the possibility of repeated interaction impacts cooperation within groups and surplus distribution. We developed and tested experimentally a Surplus Allocation Game where cooperation of four agents is needed...
Persistent link: https://www.econbiz.de/10013200087
We propose a simple model for why we have more trust in people who cooperate without calculating the associated costs. Intuitively, by not looking at the payoffs, people indicate that they will not be swayed by high temptations to defect, which makes them more attractive as interaction partners....
Persistent link: https://www.econbiz.de/10011709861
Nash equilibrium will always occur, ones where it will never occur, and ones where it will occur only for certain payoff …
Persistent link: https://www.econbiz.de/10011709864
We propose a simple model for why we have more trust in people who cooperate without calculating the associated costs. Intuitively, by not looking at the payoffs, people indicate that they will not be swayed by high temptations to defect, which makes them more attractive as interaction partners....
Persistent link: https://www.econbiz.de/10011383783
Nash equilibrium will always occur, ones where it will never occur, and ones where it will occur only for certain payoff …
Persistent link: https://www.econbiz.de/10011383906
-Nash equilibrium behavior; they are more likely to do so when the expected payoffs for such actions increase. Third, experience matters … various non-equilibrium models. We analyze both a level-k framework and an adapted quantal response model. The naive version …
Persistent link: https://www.econbiz.de/10012061949
This paper investigates how the possibility of affecting group composition combined with the possibility of repeated interaction impacts cooperation within groups and surplus distribution. We developed and tested experimentally a Surplus Allocation Game where cooperation of four agents is needed...
Persistent link: https://www.econbiz.de/10012493275
players to which ν will become disconnected. We focus on unilateral link formation and Nash equilibrium. We show existence of …
Persistent link: https://www.econbiz.de/10009752420
players to which ν will become disconnected. We focus on unilateral link formation and Nash equilibrium. We show …
Persistent link: https://www.econbiz.de/10010369340