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We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. We use random...
Persistent link: https://www.econbiz.de/10012956127
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. The authors use...
Persistent link: https://www.econbiz.de/10011664904
role in determining the behavior of their counterparts. In our experiment, only the trustee is aware of the size of the …'s behavior and risk attitude are also elicited in the experiment. Our results show that the first movers' choices are functions …
Persistent link: https://www.econbiz.de/10014094946
information about these returns as well as their own taste for cooperation, or social preferences. Before deciding to contribute …
Persistent link: https://www.econbiz.de/10011801387
Persistent link: https://www.econbiz.de/10003772692
We investigate experimentally whether individuals or groups are more lied to, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual's misreport of a privately observed number can monetarily benefit her while...
Persistent link: https://www.econbiz.de/10014476599
Despite recent advances in reputation technologies, it is not clear how reputation systems can affect human cooperation … in social networks. Although it is known that two of the major mechanisms in the evolution of cooperation are spatial …. Here, we present a new individual-based model for the evolution of reciprocal cooperation between reputation and networks …
Persistent link: https://www.econbiz.de/10011621316
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10003115141
The unravelling prediction of disclosure theory relies on the idea that strategic forces lead firms (information …
Persistent link: https://www.econbiz.de/10012131654