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In Search of Stars : Network Formation among Heterogeneous Agents
Goeree, Jacob K.; Riedl, Arno; Ule, Aljaz - 2021
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing for agents with lower linking costs or higher benefits to...
Persistent link: https://www.econbiz.de/10013318256
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Social Distance and Trust : Experimental Evidence from a Slum in Cairo
Binzel, Christine - 2013
While strong social ties help individuals cope with missing institutions, trade is essentially limited to those who are part of the social network. We examine what makes the decision to trust a stranger different from the decision to trust a member of a given social network (a friend), by...
Persistent link: https://www.econbiz.de/10013087403
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Gossip and the Efficiency of Interactions
Fehr, Dietmar - 2016
Human communication in organizations often involves a large amount of gossiping about others. Here we study in an …
Persistent link: https://www.econbiz.de/10012999032
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Charity as a Signal of Trustworthiness
Fehrler, Sebastian - 2010
Being perceived as trustworthy comes with substantial economic benefits in many situations. Making other people think you are a trustworthy person may, therefore, be an important motive for charity and other forms of prosocial behavior, provided these activities work as signals of...
Persistent link: https://www.econbiz.de/10013136037
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Contribution Games and the End-Game Effect : When Things Get Real – An Experimental Analysis
Bar-El, Ronen - 2013
We conduct a contribution game for a real public good and show that when the contributors value the real public good highly, they increase their contributions in each round. Thus, contrary to previous literature, free riding decreases over rounds and the end-game effect is reversed
Persistent link: https://www.econbiz.de/10013083744
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Efficient Coordination in Weakest-Link Games
Riedl, Arno - 2012
medium sized and large groups and show that neighborhood choice indeed leads to coordination on the fully efficient …
Persistent link: https://www.econbiz.de/10013113085
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Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games
Sutter, Matthias - 2010
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash strategy significantly more often, and their choices...
Persistent link: https://www.econbiz.de/10013148075
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Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation, and Trust
Columbus, Simon; Feld, Lars P.; Kasper, Matthias; … - 2023
This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...
Persistent link: https://www.econbiz.de/10014346014
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Ambiguity on Audits and Cooperation in a Public Goods Game
Dai, Zhixin - 2014
We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10013058735
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Negotiating Cooperation Under Uncertainty : Communication in Noisy, Indefinitely Repeated Interactions
Dvorak, Fabian - 2018
round of the game. Beyond improving coordination, communication increases efficiency by making subjects' play more lenient …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 …
Persistent link: https://www.econbiz.de/10012908872