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Both in the field and in the lab, participants frequently cooperate, despite the fact that the situation can be modelled as a simultaneous, symmetric prisoner's dilemma. This experiment manipulates the payoff in case both players defect, and explains the degree of cooperation by a combination of...
Persistent link: https://www.econbiz.de/10010323844
In the policy debate, intellectual property is often justified by what seems to be a straightforward argument: if innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now in most industries for most potential users, appropriating...
Persistent link: https://www.econbiz.de/10010323854
Punishees regularly ask for justification. But is justification also effective? To answer this question under controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral - she does not benefit from contributions to the public good....
Persistent link: https://www.econbiz.de/10010323857
Sanctions are often so weak that a money maximizing individual would not be deterred. In this paper I show that they may nonetheless serve a forward looking purpose if sufficiently many individuals are averse against advantageous inequity. Using the Fehr/Schmidt model (QJE 1999) I define three...
Persistent link: https://www.econbiz.de/10010323867
Evidence from an experiment investigating the house money effect in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The effect...
Persistent link: https://www.econbiz.de/10010323869
The standard tool for analysing social dilemmas is game theory. They are reconstructed as prisoner dilemma games. This is helpful for understanding the incentive structure. Yet this analysis is based on the classic homo oeconomicus assumptions. In many real world dilemma situations, these...
Persistent link: https://www.econbiz.de/10010323984
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10010324016
Apparently judges' decisions are not motivated by maximizing their own profit. The literature uses two strategies to explain this observation: judges care about the long-term monetary consequences for themselves, or individuals who are more strongly motivated by the common good self-select into...
Persistent link: https://www.econbiz.de/10011580499
To their credit, empirical legal scholars try to live up to the highest methodological standards from the social sciences. But these standards do not always match the legal research question. This paper focuses on normative legal argument based on empirical evidence. Whether there is a normative...
Persistent link: https://www.econbiz.de/10011688382
From the angle of competition policy, Voice over IP looks like a panacea. It not only brings better service, but it also increases competitive pressure on former telecommunications monopolists. This paper points to the largely overlooked downside. In a pure world of Internet telephony, there...
Persistent link: https://www.econbiz.de/10010264805