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Cooperation problems are at the heart of many everyday situations. In this paper, we propose a very simple and light …-handed mechanism to sustain cooperation and test its performance in a rich laboratory environment. The mechanism moderates cooperation … by controlling experiences, more specifically, it "manipulates" subjects' initial beliefs by providing them with …
Persistent link: https://www.econbiz.de/10009007141
Persistent link: https://www.econbiz.de/10013258587
Persistent link: https://www.econbiz.de/10011296505
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. Akerlof and Rachel E. Kranton, 2000), we show theoretically that introspection may enhance cooperation by increasing the …) expectations. Our results show that introspection causally increases cooperation. Both home-grown idealism and the experiences with …
Persistent link: https://www.econbiz.de/10010459020
. Akerlof and Rachel E. Kranton, 2000), we show theoretically that introspection may enhance cooperation by increasing the …) expectations. Our results show that introspection causally increases cooperation. Both home-grown idealism and the experiences with …
Persistent link: https://www.econbiz.de/10014139370
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 five motives: the size of gains from cooperation, expectations …
Persistent link: https://www.econbiz.de/10014166486
findings, and on the concept of conditional cooperation in particular, the paper offers a formal model that interprets … oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
of inequity and stress the importance of institutions sustaining conditional cooperation. -- Public Good ; Externality … ; Conditional Cooperation ; Inequity Aversion ; Norms …
Persistent link: https://www.econbiz.de/10003877140
For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10011553331