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Oligopoly as a socially embedded dilemma : an experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...

Persistent link: https://www.econbiz.de/10008822475

Cooperation in symmetric and asymmetric prisoner's dilemma games

Beckenkamp, Martin (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003395132

Cooperation norms in multiple-stage punishment

Nicklisch, Andreas; Wolff, Ireneus - 2009

Carpenter and Matthews (2009) examine the cooperation norms determining people's punishment behavior in a social-dilemma game. Their findings are striking: absolute norms outperform the relative norms commonly regarded as the determinants of punishment. Using multiple punishment stages and...

Persistent link: https://www.econbiz.de/10003923879

When is the risk of cooperation worth taking? : the prisoner's dilemma as a game of multiple motives

Engel, Christoph; Zhurakhovska, Lilia - 2012 - revised version: August 2013

Both in the field and in the lab, participants frequently cooperate, despite the fact that the situation can be modelled as a simultaneous, symmetric prisoner’s dilemma. This experiment manipulates the payoff in case both players defect, and explains the degree of cooperation by a combination...

Persistent link: https://www.econbiz.de/10009573481

The joint benefits of observed and unobserved punishment : comment to unobserved punishment supports cooperation

Glöckner, Andreas; Kube, Sebastian; Nicklisch, Andreas - 2011

Laboratory experiments by Fudenberg and Pathak (2010), and Vyrastekova, Funaki and Takeuch (2008) show that punishment is able to sustain cooperation in groups even when it is observed only in the end of the interaction sequence. Our results demonstrate that the real power of unobserved...

Persistent link: https://www.econbiz.de/10009380662

Harm on an innocent outsider as a lubricant of cooperation : an experiment

Engel, Christoph; Zhurakhovska, Lilia - 2012

If two players of a simultaneous symmetric one-shot prisoner's dilemma hold standard prefer-ences, the fact that choosing the cooperative move imposes harm on a passive outsider is imma-terial. Yet if participants hold social preferences, one might think that they are reticent to impose harm on...

Persistent link: https://www.econbiz.de/10009490177

Selfishness as a potential cause of crime : a prison experiment

Chmura, Thorsten; Engel, Christoph; Englerth, Markus - 2013

rely on a standard theory from behavioral economics, inequity aversion, to offer an explanation. This theory could also … explain how imperfect criminal sanctions deter crime. The critical component of the theory is aversion against outperforming … others. To test this theory, we exploit that it posits inequity aversion to be a personality trait. We can therefore test it …

Persistent link: https://www.econbiz.de/10009723560

Institutional endogeneity and third-party punishment in social dilemmas

Marcin, Isabel; Robalo, Pedro; Tausch, Franziska - 2016

This paper studies experimentally how the endogeneity of sanctioning institutions affects the severity of punishment in social dilemmas. We allow individuals to vote on the introduction of third-party-administered sanctions, and compare situations in which the adoption of this institution is...

Persistent link: https://www.econbiz.de/10011455952

The jurisdiction of the man within : introspection, identity, and cooperation in a public good experiment

Engel, Christoph; Kurschilgen, Michael - 2015

According to Adam Smith (1790), human selfishness can be restrained by introspection. We test the effect of introspection on people’s willingness to cooperate in a public good game. Drawing on the concept of identity utility (George A. Akerlof and Rachel E. Kranton, 2000), we show...

Persistent link: https://www.econbiz.de/10010459020

The role of rivalry : public goods versus common-pool resources

Maier-Rigaud, Frank P.; Apesteguia, Jose - 2004

Despite a large theoretical and empirical literature on public goods and common-pool resources, a systematic comparison of these two types of social dilemmas is lacking. In fact, there is considerable confusion about these two types of dilemma situations. As a result, they are often treated...

Persistent link: https://www.econbiz.de/10011581340