Showing 1 - 10 of 353
We use the strategy method to classify subjects into cooperator types in a large-scale online Public Goods Game and find that free riders spend more time on making their decisions than conditional cooperators and other cooperator types. This result is robust to reversing the framing of the game...
Persistent link: https://www.econbiz.de/10013208656
This paper provides three measures of the uncertainty associated to an impulse response path: (1) conditional confidence bands which isolate the uncertainty of individual response coefficients given the temporal path experienced up to that point; (2) response percentile bounds} which provide...
Persistent link: https://www.econbiz.de/10010274338
We conduct a contest experiment to study if spread seeking and effort can be managed in a situation where participants …
Persistent link: https://www.econbiz.de/10013208780
We analyse interethnic cooperation in an infinitely repeated prisoner's dilemma when members of one group are unable to target punishment towards individual defectors from the other group. We first show that indiscriminate outgroup punishment may sustain cooperation in this setting. Our main...
Persistent link: https://www.econbiz.de/10010315506
the truth, regardless of economic incentives. We document results from an experiment where subjects routinely misreported …
Persistent link: https://www.econbiz.de/10014540144
The standard method when analyzing the problem of cooperation using evolutionary game theory is to assume that people are randomly matched against each other in repeated games. In this paper we discuss the implications of allowing agents to have preferences over possible opponents. We model...
Persistent link: https://www.econbiz.de/10013208482
There is abundant evidence that many individuals violate the rationality assumptions routinely made in economics. However, powerful evidence also indicates that violations of individual rationality do not necessarily refute the aggregate predictions of standard economic models that assume full...
Persistent link: https://www.econbiz.de/10005858769
publication. The overall conclusion from the experiment is that theory about social reputation can predict subjects' social …
Persistent link: https://www.econbiz.de/10013208752
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is incomplete. That is, it has content that can not be revealed with any general...
Persistent link: https://www.econbiz.de/10010282111
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness among several individuals and strong properties of knowledge. We show that this generalized state-space model arises naturally if states consist of maximally consistent sets of...
Persistent link: https://www.econbiz.de/10010266382