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Team Governance : Empowerment or Hierarchical Control

Friebel, Guido; Schnedler, Wendelin - 2021

We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We show that if there are complementarities in production and if the team manager has some information about team members, interventions that the manager undertakes in order to...

Persistent link: https://www.econbiz.de/10013316729

Information and Learning in Oligopoly : An Experiment

Bigoni, Maria - 2013

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited a priori information. The econometrics hinges on a...

Persistent link: https://www.econbiz.de/10013088340

Negotiating Cooperation Under Uncertainty : Communication in Noisy, Indefinitely Repeated Interactions

Dvorak, Fabian - 2018

Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in … environments where signals about others' actions are noisy. However, empirically the exact role of communication is not well … understood. We study cooperation under different monitoring and communication structures in the laboratory. Under all monitoring …

Persistent link: https://www.econbiz.de/10012908872

Cognitive Ability, Character Skills, and Learning to Play Equilibrium : A Level-K Analysis

Gill, David - 2014

In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...

Persistent link: https://www.econbiz.de/10013052550

Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma

Proto, Eugenio - 2014

Intelligence affects social outcomes of groups. A systematic study of the link is provided in an experiment where two groups of subjects with different levels of intelligence, but otherwise similar, play a repeated prisoner's dilemma. The initial cooperation rates are similar, it increases in...

Persistent link: https://www.econbiz.de/10013046232

Beliefs, Learning, and Personality in the Indefinitely Repeated Prisoner's Dilemma

Gill, David; Rosokha, Yaroslav - 2022

We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner’s dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...

Persistent link: https://www.econbiz.de/10014078209

Intelligence Disclosure and Cooperation in Repeated Interactions

Lambrecht, Marco; Proto, Eugenio; Rustichini, Aldo; … - 2022

We investigate in a laboratory setting whether revealing information on the intelligence of both players affects behavior in repeated games. We study the Prisoners' Dilemma (PD) and Battle of Sexes (BoS) as they cover a large set of the interesting scenarios generated by repeated games of two...

Persistent link: https://www.econbiz.de/10014080121

It S Payback Time : New Insights on Cooperation in the Repeated Prisoners Dilemma

Bigoni, Maria; Casari, Marco; Salvanti, Andrea; … - 2022

In an experiment on the repeated prisoner s dilemma where intended actions are implemented with noise, Fudenberg et al. (2012) observe that non-equilibrium strategies of the "tit-for-tat" family are largely adopted. Furthermore, they do not find support for risk dominance of TFT as a determinant...

Persistent link: https://www.econbiz.de/10014083911

Information and Beliefs in a Repeated Normal-Form Game

Fehr, Dietmar; Kübler, Dorothea; Danz, David Nils - 2021

We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge of the game structure and feedback about choices in the previous period, we run treatments (i) without feedback about previous play, (ii) with no information about the...

Persistent link: https://www.econbiz.de/10013325045

Agency and Communication in IMF Conditional Lending : Theory and Empirical Evidence

Marchesi, Silvia - 2014

the countries' authorities, openness, and transparency, consistently with the theory …

Persistent link: https://www.econbiz.de/10012750944

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