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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/10013426341
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Doing Your Best When Stakes Are High? Theory and Experimental Evidence
Houy, Nicolas; Nicolaï, Jean-Philippe; Villeval, Marie … - 2016
experiment that reproduces the main features of a tennis match. We show that our importance criterion is able to predict the …
Persistent link: https://www.econbiz.de/10011479284
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Salience theory of choice under risk
Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei - 2010
"We present a theory of choice among lotteries in which the decision maker's attention is drawn to (precisely defined) salient payoffs. This leads the decision maker to a context-dependent representation of lotteries in which true probabilities are replaced by decision weights distorted in favor...
Persistent link: https://www.econbiz.de/10008665197
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Decision-making under the gambler's fallacy : evidence from asylum judges, loan officers, and baseball umpires
Chen, Daniel L.; Moskowitz, Tobias J.; Shue, Kelly - 2016
Persistent link: https://www.econbiz.de/10011450431
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Gambling and the use of credit: an individual and household level analysis
Brown, Sarah; Dickerson, Andy; McHardy, Jolian; Taylor, Karl - 2010
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10010271301
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Negotiating Cooperation under Uncertainty: Communication in Noisy, Indefinitely Repeated Interactions
Dvorak, Fabian; Fehrler, Sebastian - 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...
Persistent link: https://www.econbiz.de/10011931862
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Courtesy and idleness: gender differences in team work and team competition
Ivanova-Stenzel, Radosveta; Kübler, Dorothea - 2005
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that …
Persistent link: https://www.econbiz.de/10010267550
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Tipping and residential segregation: a unified schelling model
Zhang, Junfu - 2009
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10010271313
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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 …
Persistent link: https://www.econbiz.de/10012882599
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Gender Differences in Cooperation: Experimental Evidence on High School Students
Molina, José Alberto; Giménez-Nadal, J. Ignacio; … - 2013
Charles Darwin (1874) stated that women are less selfish but men are more competitive. Very recent papers (Eckel & Grossman, 1998, 2001 or Andreoni and Vesterlund 2001, among others) have shown the relevance of gender in altruism in both ultimatum and dictator games. In this paper we analyze the...
Persistent link: https://www.econbiz.de/10010319566