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social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that …
Persistent link: https://www.econbiz.de/10011507945
interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us … behavior in a coordination game with multiple equilibria and a public goods game, which has only one equilibrium in material … ; identification ; experiments ; coordination ; cooperation …
Persistent link: https://www.econbiz.de/10003799774
interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10013319910
interaction effects. We conduct an experiment that avoids theidentification problem present in the field. Our novel design feature …
Persistent link: https://www.econbiz.de/10014261034
This paper studies a game of strategic experimentation in which the players have access to two-armed bandits where the risky arm distributes lumpsum payoffs according to a Poisson process with unknown intensity. Because of free-riding, there is an inefficiently low level of experimentation in...
Persistent link: https://www.econbiz.de/10011410236
This paper studies a game of strategic experimentation with two-armed bandits whose risky arm might yield a payoff only after some exponentially distributed random time. Because of free-riding, there is an inefficiently low level of experimentation in any equilibrium where the players use...
Persistent link: https://www.econbiz.de/10010440933
-handed mechanism to sustain cooperation and test its performance in a rich laboratory environment. The mechanism moderates cooperation …
Persistent link: https://www.econbiz.de/10009007141
Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...
Persistent link: https://www.econbiz.de/10009689352
We experimentally investigate a finitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner's contribution. At the beginning...
Persistent link: https://www.econbiz.de/10009572902
subjects have a preference for social approval. Using a controlled laboratory experiment we test our model. In the experiment …
Persistent link: https://www.econbiz.de/10009427179