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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
We report on an experiment designed to explore whether and how anger affects future levels of cooperation. Participants … that although anger has a lasting negative effect on cooperation, giving voice to it helps to curtail selfishness. …
Persistent link: https://www.econbiz.de/10010281624
This paper experimentally examines how religious festivals and the degree of religiosity affect cooperation and … religious festivals other than the normal daily prayers. The overall results show no differences in cooperation or altruistic … differences in beliefs about others contributions. By and large, this indicates the importance of conditional cooperation. …
Persistent link: https://www.econbiz.de/10010282506
We present a non-technical account of ambiguity in strategic games and show how it may be applied to economics and social sciences. Optimistic and pessimistic responses to ambiguity are formally modelled. We show that pessimism has the effect of increasing (decreasing) equilibrium prices under...
Persistent link: https://www.econbiz.de/10011422157
We examine the impact of ambiguity on economic behaviour. We present a relatively non-technical account of ambiguity and show how it may be applied in economics. Optimistic and pessimistic responses to ambiguity are formally modelled. We show that pessimism has the effect of increasing...
Persistent link: https://www.econbiz.de/10010274362
We present a non-technical account of ambiguity in strategic games and show how it may be applied to economics and social sciences. Optimistic and pessimistic responses to ambiguity are formally modelled. We show that pessimism has the effect of increasing (decreasing) equilibrium prices under...
Persistent link: https://www.econbiz.de/10010274390
, the less likely cooperation will be. …
Persistent link: https://www.econbiz.de/10010324536
In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...
Persistent link: https://www.econbiz.de/10010266097
This paper discusses the role of transfers in a non-cooperative environment. If reselling in-kind-transfers involves some retrading costs, in-kind transfers are supposed to realise at least some of the mutual bargaining gains which would be left unexploited by mere use of monetary payments....
Persistent link: https://www.econbiz.de/10010275183
We study the stability of voluntary cooperation in response to varying group growth rates. Using a laboratory public … cooperation. We then study the effect of exogenously varying growth rates on cooperation. Slow growth yields higher cooperation …-reinforcing beliefs persisting under slower growth. Allowing incumbent group members to select growth rates also sustains high cooperation …
Persistent link: https://www.econbiz.de/10010316831