Showing 1 - 10 of 486
-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …
Persistent link: https://www.econbiz.de/10011282459
We study the stability of voluntary cooperation in response to varying group growth rates. Using a laboratory public-good game, we construct a situation where increasing group size yields potential efficiency gains, but only with sustained cooperation. We then study the effect of exogenously...
Persistent link: https://www.econbiz.de/10010316831
explore the effectiveness of two policies intended to facilitate such integration, using a laboratory experiment that models …
Persistent link: https://www.econbiz.de/10011282460
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group's success. We find that...
Persistent link: https://www.econbiz.de/10010316824
, using a laboratory experiment, the effectiveness of two regularly-employed entry restrictions: entry quotas and entry exams …
Persistent link: https://www.econbiz.de/10010316829
-play messages. In a laboratory experiment, we introduce two realistic features of communication by making the sending of messages …
Persistent link: https://www.econbiz.de/10010316867
We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The 'TASP' (Time Average of the Shapley Polygon) gives a precise prediction about what happens when there is divergence from equilibrium under fictitious play like learning processes. We...
Persistent link: https://www.econbiz.de/10010288137
We examine experimentally how humans behave when they play against a computer which implements its part of a mixed strategy Nash equilibrium. We consider two games, one zero-sum and another unprofitable with a pure minimax strategy. A minority of subjects' play was consistent with their Nash...
Persistent link: https://www.econbiz.de/10010892109
between these states. We apply the model to data from an experiment in which human subjects repeatedly play a normal form game …
Persistent link: https://www.econbiz.de/10010892150
environments, we use a laboratory experiment in which we form groups and assign leadership roles at random. We study an environment … behavior. Moreover, appointing leaders who are likely to have acted dishonestly in a preliminary stage of the experiment yields …
Persistent link: https://www.econbiz.de/10011282497