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, we conduct a novel time-pressure experiment to shed light on the cognitive underpinnings of cooperation. Although we find …
Persistent link: https://www.econbiz.de/10011458007
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
'. For the purpose of the experiment we used a Nash demand game with discrete strategies. We found that subjects without any …
Persistent link: https://www.econbiz.de/10012936354
Costless and non-binding pre-play communication (cheap talk) has been found to often be effective in achieving efficient outcomes in experimental games. However, in previous two-player experimental games each player was informed about both his payoff and the action of the other player in the...
Persistent link: https://www.econbiz.de/10014122582
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014345629
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014346014
This paper proposes a simple two-stage mechanism to establish positive contributions to public goods in the absence of powerful institutions to provide the public good and to sanction free-riders. In this mechanism players commit to the public good by paying a deposit prior to the contribution...
Persistent link: https://www.econbiz.de/10012726914
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/10010299751
In this paper we test the effect of descriptive features on initial strategic behavior in normal form games, where descriptive are all those features that can be modified without altering the (Nash) equilibrium structure of a game. We observe that our experimental subjects behave according to...
Persistent link: https://www.econbiz.de/10010328360
In this paper we test the effect of descriptive "features" on initial strategic behavior in normal form games, where "descriptive" are all those features that can be modified without altering the (Nash) equilibrium structure of a game. We observe that our experimental subjects behave according...
Persistent link: https://www.econbiz.de/10008729032