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In the two-person sequential best shot game, first player 1 contributes to a public good and then player 2 is informed about this choice before contributing. The payoff from the public good is the same for both players and depends only on the maximal contribution. Efficient voluntary cooperation...
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regulated the labor market is. In our experiment long–term employment can result either from offering long–term contracts or from …
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In repeated public good experiments, reciprocity helps to sustain high levels of cooperation. Can this be achieved by location choices in addition to making contributions? It is more realistic to rely on an intuitive neighborhood model for community members who interact repeatedly. In our...
Persistent link: https://www.econbiz.de/10009754770
This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …
Persistent link: https://www.econbiz.de/10010433915
In equal punishment games first the proposer suggests how to split the pie, i.e. a positive monetary reward. Unlike in the ultimatum game, the responder can decide among many (for proposer and responder) equal penalty payments. To exclude negative payoffs, punishment was bounded from above...
Persistent link: https://www.econbiz.de/10009581099
, player 2 between exploiting player 1 or rewarding him. In our experiment, player 2 can be a notorically rewarding player … repeated games with changed partners. In our computerized experiment, participants can explicitly rely on mixed strategies …
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