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, leadership, and following. Using a laboratory experiment, we explore how aspects are correlated between each other in a given …
Persistent link: https://www.econbiz.de/10011099060
consistent with the theoretical results: in the experiment, investment levels with and without legal protection are comparable …
Persistent link: https://www.econbiz.de/10011083356
In repeated games, it is hard to distinguish true prosocial behavior from strategic instrumental behavior. In particular, a player does not know whether a reciprocal action is intrinsically or instrumentally motivated. In this paper, we experimentally investigate the relationship between...
Persistent link: https://www.econbiz.de/10010818597
The widespread evidence of multiple bank lending relationships in credit markets suggests that firms are interested in setting up a diversity of banking links. However, it is hard to know from the empirical data whether a firm's observed number of lenders is symptomatic of financial constraints...
Persistent link: https://www.econbiz.de/10010860428
We introduce a novel approach for organizing behavior and explaining cooperation in repeated games. Our approach is based on the idea that players differ according to an inherent propensity to cooperate that systematically affects behavior and cooperation levels. We formulate the empirical...
Persistent link: https://www.econbiz.de/10009319294
Persistent link: https://www.econbiz.de/10005056464
The article distinguishes the scientist of the opinable thing, because the epistemology must explain: the nature and the path to obtain the concepts and scientific theories; the methodology with which one threads the laws and theories that give sustenance to sciences. This is the importance of...
Persistent link: https://www.econbiz.de/10005551541
Risikoverhalten und die Präzision im Umgang mit Information über Wahrscheinlichkeiten beurteilt werden. Das Experiment verdeutlicht … Konsistenz im Risikoverhalten angeht, dass nur ein Teil der befragten Landwirte und Agrarhändler im Experiment eine …
Persistent link: https://www.econbiz.de/10009326502
This paper explores the implications of fairness and reciprocity in dynamic market games. A reciprocal player responds to kind behavior of rivals with unkind actions (destructive reciprocity), while at the same time, it responds to kind behavior of rivals with kind actions (constructive...
Persistent link: https://www.econbiz.de/10005481801
We examine convergence behavior in simple bimatrix games. We classify possible types of simple games, pick interesting examples of each type, and summarize convergence behavior under various information and player matching protocols.
Persistent link: https://www.econbiz.de/10005489944