Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10009500885
We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10009754878
This is the first study on the relationship between fluctuation and equilibrium in repeated game experiment. We define fluctuation as the strategy movements. In public goods game, for example, fluctuation of an individual is the abstract value of the difference of contribution between one period...
Persistent link: https://www.econbiz.de/10013156044
This paper examines the differences of two alternative decentralized selective incentives, punishment and reward, in the condition of random-matched public goods experiments. We also provide a robust analysis by varying the effectiveness of punishment(reward), that is the amount by which a...
Persistent link: https://www.econbiz.de/10014197788
We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from...
Persistent link: https://www.econbiz.de/10014155475
In this study, we examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10014042297