Showing 1 - 10 of 14,506
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …-play communication only has a significant impact on cooperation when no intra-play communication is possible. The results suggest that …
Persistent link: https://www.econbiz.de/10010320291
While the public good experiment has been used to analyze cooperation among various groups in Western Europe and North … altruistic punishment, to antisocial punishment, and ultimately to enhanced cooperation in Turkish society. …
Persistent link: https://www.econbiz.de/10011807205
Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa …
Persistent link: https://www.econbiz.de/10010261410
We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the … importing country, and leadership by the exporting cartel. We numerically show that as compared to the Nash equilibrium, both … players are better off if the importing country is the leader. The follower is worse off if the exporting cartel is the leader …
Persistent link: https://www.econbiz.de/10010280841
. Using fixed effect panel regression models we find that cooperation significantly increases when participants are forced to … guess the degree of overall cooperation. We also find that the possibility to make announcements during the experiment … enhances cooperation significantly although these commitments are not binding and heavily used for cheating purposes. We …
Persistent link: https://www.econbiz.de/10010305450
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10010325039
While there is an extensive literature on the theory of in finitely repeated games, empirical evidence on how “the … higher the levels of cooperation. We compare the behavior from these in finitely repeated games with behavior from finitely … repeated games of the same expected length and we find that there is more cooperation in the in finitely repeated games …
Persistent link: https://www.econbiz.de/10010318999
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …
Persistent link: https://www.econbiz.de/10010273734
The hypothesis that vertically integrated firms have an incentive to foreclose the input market because foreclosure raises its downstream rivals' costs is the subject of much controversy in the theoretical industrial organization literature. A powerful argument against this hypothesis is that,...
Persistent link: https://www.econbiz.de/10010302573
The paper studies the role of communication in facilitating collusion. The situation of infinitely repeated Cournot … collusive output levels or a 'downward' demand shock. The firms choose between tacit collusion and collusion with communication …. Communication implies that the firms meet and exchange information about past outputs and is assumed to be the only legal proof of …
Persistent link: https://www.econbiz.de/10010320117