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The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are subject to public pressure on the matter. In an...
Persistent link: https://www.econbiz.de/10011457585
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125
We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment …
Persistent link: https://www.econbiz.de/10013463870
The assumptions that subjects hold beliefs and that the chosen actions are not altered by a proper elicitation of these beliefs are widely used in economics. In this paper I experimentally test whether the second assumption is correct. Especially controlling for different game properties, I find...
Persistent link: https://www.econbiz.de/10010487275
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10008747644
in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
Persistent link: https://www.econbiz.de/10011473887
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …. -- Network Formation ; Experiment ; Myopic and Farsighted Stability …
Persistent link: https://www.econbiz.de/10009126051
Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array …
Persistent link: https://www.econbiz.de/10010472858
We discuss the contribution of the experimental literature to the understanding of both traditional and previously unexplored dimensions of gender differences and discuss their bearings on labor market outcomes. Experiments have offered new findings on gender discrimination, and while they have...
Persistent link: https://www.econbiz.de/10010472903