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than in either of the No Signal treatments. We also find that information about the other person's play appears to increase … this additional information are unable to overcome the apparent pessimism about the feasibility of coordination without a …
Persistent link: https://www.econbiz.de/10014122582
Democracies go to war with each other less frequently than dictatorships do with each other. This is an established empirical regularity. However, it is not clear whether there is a causal link between democracy and peace. We use laboratory experiments to study whether there is a causal impact....
Persistent link: https://www.econbiz.de/10012822672
We study games played between groups of players, where a given group decides which strategy it will play through a vote by its members. When groups consist of two voting players, our games can also be interpreted as network-formation games. In experiments on Stag Hunt games, we find a stark...
Persistent link: https://www.econbiz.de/10014073874
We study experimentally a two-stage compensation mechanism for promoting cooperation in prisoner's dilemma games. In stage 1, players simultaneously choose binding non-negative amounts to pay their counterparts for cooperating in a given prisoner's dilemma game, and then play the prisoner's...
Persistent link: https://www.econbiz.de/10014057940
Are people concerned with their relative standing in a reference group? Do certain types care more about this than others? Little work has been done to identify underlying determinants for an inclination to make social comparisons and to explain variation across individuals. We investigate...
Persistent link: https://www.econbiz.de/10014159137
Democracies go to war with each other less frequently than dictatorships do with each other. This isan established empirical regularity. However, it is not clear whether there is a causal link betweendemocracy and peace. We use laboratory experiments to study whether there is a causal impact. We...
Persistent link: https://www.econbiz.de/10013305850
Persistent link: https://www.econbiz.de/10011504686
payoffs of a game where each player faces the possibility of bargaining at random against any other player. In the kooperative …
Persistent link: https://www.econbiz.de/10010318958
The Nash program is an important research agenda initiated in Nash (Econometrica 21:128-140, 1953) in order to bridge the gap between the noncooperative and cooperative counterparts of game theory. The program is thus turning sixty-seven years old, but I will argue it is not ready for...
Persistent link: https://www.econbiz.de/10012503895
Persistent link: https://www.econbiz.de/10010420254