Showing 1 - 10 of 1,923
We explore in an experiment what leads to the breakdown of partnerships. Subjects are assigned a partner and participate in a repeated public good game with stochastic outcomes. They can choose each period between staying in the public project or working on their own. There is excessive exit as...
Persistent link: https://www.econbiz.de/10010340746
Persistent link: https://www.econbiz.de/10011881583
Should people be allowed to leave joint projects freely or should they be deterred from breaking off? This depends on why people stop collaborating and whether they have good reasons to do so. We explore the factors that lead to the breakdown of partnerships by studying a public good game with...
Persistent link: https://www.econbiz.de/10010477122
Reciprocal cooperation can be studied in the Centipede game, in which two players alternate in choosing between a … investigated cooperation in four Centipede games differing in their payoffs at the game's end (positive versus zero) and payoff … high payoff inequality were found to reduce cooperation significantly. Contrary to previous predictions, combining these …
Persistent link: https://www.econbiz.de/10011316544
-Stay-Lose-Shift, are not prevalent. We also find that the strategies used to support cooperation change with the parameters of the game …
Persistent link: https://www.econbiz.de/10010195365
can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by … remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …
Persistent link: https://www.econbiz.de/10010126752
The observability of partners' past play is known to theoretically improve cooperation in an infinitely repeated … information per se may not improve cooperation. A structural estimation suggests that a certain percentage of players act …
Persistent link: https://www.econbiz.de/10012665559
Persistent link: https://www.econbiz.de/10012002215
from one continuation probability to the other. When switching from large to small, transient higher levels of cooperation … are observed in the early games of the small continuation set. Conversely, when switching from small to large, cooperation … probabilities. These asymmetries suggest a bias in favor of cooperation. Finally, we examine the link between altruism and RPD play …
Persistent link: https://www.econbiz.de/10011848339
theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be … implemented by letting subjects make a positive contribution to a public good if they choose to defect from cooperation, i ….e. cooperation is collusive since the gains are at the expense of the public. We find that this negative externality increases …
Persistent link: https://www.econbiz.de/10011925886