Showing 1 - 10 of 143
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag …
Persistent link: https://www.econbiz.de/10010478988
How do norms of trust and reciprocity arise? We investigate this question by examining behavior in an experiment where …
Persistent link: https://www.econbiz.de/10013009228
We experimentally assess the predictive power of two equilibrium selection principles for binary N-player entry games with strategic complementarities. In static entry games, we test the theory of global games which posits that players play games of complete information as if they were playing a...
Persistent link: https://www.econbiz.de/10010664595
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag …
Persistent link: https://www.econbiz.de/10011170354
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag …
Persistent link: https://www.econbiz.de/10011099770
We study the Lagos and Wright (2005) model of monetary exchange in the laboratory. With a finite population of sufficiently patient agents, this model has a unique monetary equilibrium and a continuum of non-monetary gift exchange equilibria, some of which Pareto dominate the monetary...
Persistent link: https://www.econbiz.de/10010878524
expected payoff objective. We report results from an experiment where the two payoff objectives are compared and find strong …
Persistent link: https://www.econbiz.de/10010878526
We explore the effect of fixed versus dynamic group membership on public good provision. In a novel experimental design, we modify the traditional voluntary contribution mechanism (VCM) by periodically replacing old members of a group with new members over time. Under this dynamic, overlapping...
Persistent link: https://www.econbiz.de/10010878538
in an experiment where subjects repeatedly play a two-player binary ―trust‖ game. Players are randomly and …
Persistent link: https://www.econbiz.de/10004968097
How do norms of trust and reciprocity arise? We investigate this question by examining behavior in an experiment where …
Persistent link: https://www.econbiz.de/10004969134