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Punishing Free-Riders : How Group Size Affects Mutual Monitoring and the Provision of Public Goods
Carpenter, Jeffrey P. - 2004
strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …
Persistent link: https://www.econbiz.de/10010262078
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Cooperation, framing and political attitudes
Fosgaard, Toke R.; Hansen, Lars Gårn; Wengström, Erik - 2017
This paper shows that political attitudes are linked to cooperative behavior in an incentivized experiment with a large … sample randomly drawn from the Danish population. However, this relationship depends on the way the experiment is framed. In … more than subjects in the middle or to the right of the political spectrum. Through simulation techniques we find that this …
Persistent link: https://www.econbiz.de/10012101051
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Cooperation, Framing and Political Attitudes
Fosgaard, Toke R.; Hansen, Lars G.; Wengström, Erik - 2017
This paper shows that political attitudes are linked to cooperative behavior in an incentivized experiment with a large … sample randomly drawn from the Danish population. However, this relationship depends on the way the experiment is framed. In … more than subjects in the middle or to the right of the political spectrum. Through simulation techniques we find that this …
Persistent link: https://www.econbiz.de/10013208784
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Investigation of the convex time budget experiment by parameter recovery simulation
Shimodaira, Yuta; Shiozawa, Kohei; Inukai, Keigo - 2022
. Researchers adopting the CTB experiment usually assume quasi-hyperbolic discounting utility as a behavioural model and estimate …
Persistent link: https://www.econbiz.de/10013472340
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Finite sample correction factors for panel cointegration tests
Hlouskova, Jaroslava; Wagner, Martin - 2009
In this paper we present finite T mean and variance correction factors and corresponding response surface regressions for the panel cointegration tests presented in Pedroni (1999, 2004), Westerlund (2005), Larsson et al. (2001), and Breitung (2005). For the single equation tests we consider up...
Persistent link: https://www.econbiz.de/10010294038
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Reproducible Econometric Simulations
Kleiber, Christian; Zeileis, Achim - 2011
Reproducibility of economic research has attracted considerable attention in recent years. So far, the discussion has focused on reproducibility of empirical analyses. This paper addresses a further aspect of reproducibility, the reproducibility of computational experiments. We examine the...
Persistent link: https://www.econbiz.de/10010294814
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Standard and Shuffled Halton Sequences in a Mixed Logit Model
Staus, Alexander - 2008
. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton … sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational … effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and …
Persistent link: https://www.econbiz.de/10011375025
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Autonomously Interacting Banks
Lengwiler, Yvan; Maringer, Dietmar - 2011
The great financial turmoil that started 2007 has brought bank regulation back into the political debate. There is talk about imposing new regulations on banks and other financial intermediaries. Yet, we are not convinced that it is completely understood how the existing regulation affects...
Persistent link: https://www.econbiz.de/10011390660
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Firms formation and growth in the model with heterogeneous agents and monitoring
Marko, Peter; Švarc, Petr - 2008
In this article we extend the agent-based model of firms' formation and growth proposed in [4]. In [4] the firms' creation, expansion or contraction results from the interaction of heterogeneous utility maximizers. While the original model was able to replicate the power law distribution in the...
Persistent link: https://www.econbiz.de/10010322258
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Technology adoption and herding behavior in complex social networks
Švarcová, Natalie; Švarc, Petr - 2008
Using a simple computational model, we study consequences of herding behavior in population of agents connected in networks with different topologies: random networks, small-world networks and scale-free networks. Agents sequentially choose between two technologies using very simple rules based...
Persistent link: https://www.econbiz.de/10010322328