Showing 1 - 10 of 68
We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a finitely-repeated Prisoner's Dilemma, allowing players to...
Persistent link: https://www.econbiz.de/10010188552
Psychologists have long recognized two kinds of learning: one that is relatively shallow and domain-specific; and another that is deeper, producing generalizable insights that transfer across domains. The game theory literature has only recently considered this distinction, and the conditions...
Persistent link: https://www.econbiz.de/10014055234
This paper explores the extent to which people learn in repeated games without feedback, and the extent to which this learning transfers to new games. Current theories of learning model learning as adjustment in behavior in response to feedback about outcomes and payoffs and largely ignore the...
Persistent link: https://www.econbiz.de/10014087372
Persistent link: https://www.econbiz.de/10003976406
Persistent link: https://www.econbiz.de/10001777553
We study how the scope of negative externalities from market activity affects the willingness of market actors to exhibit social responsibility. Using the laboratory experimental paradigm introduced by Bartling, Weber & Yao (2015), we compare the voluntary internalization of negative social...
Persistent link: https://www.econbiz.de/10012969427
We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a finitely-repeated Prisoner's Dilemma, allowing players to...
Persistent link: https://www.econbiz.de/10010332040
We examine whether the Level-k' model of strategic behavior generates reliable cross-game predictions within an individual. We find no correlation in subjects' estimated levels of reasoning across two families of games. Furthermore, estimating a higher level for Ann than Bob in one family of...
Persistent link: https://www.econbiz.de/10010333410
We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group’s size yields potential efficiency gains, but only...
Persistent link: https://www.econbiz.de/10010352437
We experimentally study settings where an individual may have an incentive to adopt negative beliefs about another's intentions in order to justify egoistic behavior. Our first study uses a game in which a player can take money from an opponent in order to prevent the opponent from subsequently...
Persistent link: https://www.econbiz.de/10011993805