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Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011773641
centrality and decreasing in conformity. Concerning efficiency of information aggregation or "wisdom" of the society, it turns … the optimal distribution of conformity levels in the society and show which agents should be more conforming in order to …
Persistent link: https://www.econbiz.de/10010357984
Experimental and observational studies have highlighted the importance of agents being conditionally cooperative when facing a social dilemma. We formalize this mechanism in a theoretical model that portrays a small community having joint access to a common pool resource. The diffusion of norms...
Persistent link: https://www.econbiz.de/10010189315
-based empirical strategy allows us to identify peer effects for different types of crimes. We find that conformity plays an important …
Persistent link: https://www.econbiz.de/10008729273
We study the broken windows theory with a field experiment in a shared area of a workplace in academia (department common room). We explore academics’ and postgraduate students’ behaviour under an order condition (clean environment) and a disorder condition (messy environment). We find...
Persistent link: https://www.econbiz.de/10008735713
In this paper, we develop a simple model of social dynamics governing the evolution of strategic self-protection choices of boundedly rational potential victims facing the threat of prospective offenders in a large population with random matching. We prove that individual (and socially...
Persistent link: https://www.econbiz.de/10008728818
Recent research developments in common-pool resource models emphasize the importance of links with ecological systems and the presence of non-linearities, thresholds and multiple steady states. In a recent paper Kossioris et al. (2008) develop a methodology for deriving feedback Nash equilibria...
Persistent link: https://www.econbiz.de/10008735723
Imperfect private monitoring in an infinitely repeated discounted Prisoner's Dilemma played on a communication network is studied. Players observe their direct neighbors' behavior only, but communicate strategically the repeated game's history throughout the network. The delay in receiving this...
Persistent link: https://www.econbiz.de/10008737090
In e-commerce, where information collection is essentially costless and geographic location of traders matters very little, fierce competition between providers of similar services is expected. We consider a model where two e-commerce intermediaries (internet shops) compete for sellers. We show...
Persistent link: https://www.econbiz.de/10008746177
; Common Pool Resource ; Evolutionary Game Theory ; Replicator Equation ; Agent-based Simulation ; Coupled Socio …
Persistent link: https://www.econbiz.de/10008746985