Showing 1 - 10 of 128
We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an … individual are on average significantly positively proportional to other members’ punishment decisions to that individual. …
Persistent link: https://www.econbiz.de/10011260305
This paper investigates how punishment promotes cooperation when the punishment enforcer is a third party independent … of the implicated parties who propose the punishment. In a prisoner's dilemma experiment, we find an independent third … party vetoes not only punishment to the cooperators but punishment to the defectors as well. Compared with the case when the …
Persistent link: https://www.econbiz.de/10009402064
Cluster initiatives can be classified as government & international organization's interventions in economic processes with the declared purpose of improving the competitiveness of manufacturers due to joining the efforts of the stakeholders. The positive clustering influence on employment and...
Persistent link: https://www.econbiz.de/10011261059
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10011109994
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … costly efforts. Allowing intra-group communication leads to more aggressive competition and greater coordination than control … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10011113027
the private firm (oligarchs), where the oligarchs can be of “strong” or “weak” type. Oligarchs use the amount of bribe to … being corrupt, versus letting her operate and collecting bribe. …
Persistent link: https://www.econbiz.de/10008695065
Based on first-hand account, this paper offers evidence on price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime. The evidence is anecdotal, and is based on personal experience during the years 1960–1971 in the Republic of...
Persistent link: https://www.econbiz.de/10005837500
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As the extended model does not have any fixed point, we use computer-simulation to examine the dynamic behaviour of the model. We show that depending on the starting position and the parameter values,...
Persistent link: https://www.econbiz.de/10011112648
cooperation or Pareto optimum outcome was about 1%-2%. There were evidence that payoffs perturbation influences players’ decision …
Persistent link: https://www.econbiz.de/10009004847
We report a framed field experiment, in which we study the effectiveness of punishment and reward in sustaining … cooperation in a social dilemma. Punishments tend to be directed at non-cooperators and rewards are assigned by those who are … and rewards fail to increase cooperation. …
Persistent link: https://www.econbiz.de/10009325612