Showing 1 - 10 of 1,272
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
Persistent link: https://www.econbiz.de/10010517804
Persistent link: https://www.econbiz.de/10011429358
This paper reports an experiment which compares behaviour in two punishment regimes: (i) a standard public goods game with punishment in which subjects are given the opportunity to punish other group members (democratic punishment regime) and (ii) a public goods game environment where all group...
Persistent link: https://www.econbiz.de/10011380878
Persistent link: https://www.econbiz.de/10011306098
Persistent link: https://www.econbiz.de/10011333077
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
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011327522
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments … find that cooperation is highest of all in twoperson groups. The findings in the high MPCR condition are consistent with … those from n-person prisoner's dilemma and oligopoly experiments that suggest it is more difficult to sustain cooperation in …
Persistent link: https://www.econbiz.de/10009772221
cooperation is best reply to itself. We give the condition for the existence of the Ostrom threshold in the Nederlander …-Prisoner's Dilemma Game. For high enough cost of failure, cooperation among rational egoists is sustained. The Ostrom threshold first …
Persistent link: https://www.econbiz.de/10009773105