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contributions increase monotonically in punishment effectiveness. High effectiveness leads to near complete cooperation and welfare … improvements. Below a certain threshold, however, punishment cannot prevent the decay of cooperation. In these cases, punishment …
Persistent link: https://www.econbiz.de/10012775824
rates and welfare improvements. Below a certain threshold, however, punishment cannot prevent the decay of cooperation found …
Persistent link: https://www.econbiz.de/10014064137
artificial intelligence may or may not be cooperative. We study the deter-minants and forms of algorithmic cooperation in the … prisoner’s dilemma games played by humans in the lab. We find that the same factors that increase human cooperation largely … also determine the cooperation rates of algorithms. However, algorithms tend to play different strategies than humans …
Persistent link: https://www.econbiz.de/10014543708
Recent bargaining experiments demonstrated an impact of anonymity and incomplete information on subjects' behavior. This has rekindled the question whether fair behavior is inspired by regard for others or is explained by external forces. To test for the importance of external pressure we...
Persistent link: https://www.econbiz.de/10010267375
Recent bargaining experiments demonstrated an impact of anonymity and incomplete information on subjects' behavior. This has rekindled the question whether "fair" behavior is inspired by regard for others or is explained by external forces. To test for the importance of external pressure we...
Persistent link: https://www.econbiz.de/10005762127
Recent bargaining experiments demonstrated an impact of anonymity and incomplete information on subjects' behavior. This has rekindled the question whether “fair” behavior is inspired by regard for others or is explained by external forces. To test for the importance of external pressure we...
Persistent link: https://www.econbiz.de/10005784827
motivated, as asserted by models of other-regarding preferences. -- dictator game ; altruism ; social preferences …
Persistent link: https://www.econbiz.de/10003039648
Persistent link: https://www.econbiz.de/10003740163
Recent bargaining experiments demonstrated an impact of anonymity and incomplete information on subjects' behavior. This has rekindled the question whether "fair" behavior is inspired by regard for others or is explained by external forces. To test for the importance of external pressure we...
Persistent link: https://www.econbiz.de/10013318348
We explore the difference between explicit and tacit collusion by investigating the impact communication has in experimental markets. For Bertrand oligopolies with various numbers of firms, we compare pricing behavior with and without the possibility to communicate among firms. We find strong...
Persistent link: https://www.econbiz.de/10010310323