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There are situations in which competitors ally to pursue a common objective. This simultaneous presence of cooperation and competition is called coopetition and we study it theoretically and experimentally in a group contest setup. More concretely, we analyze a group contest with a new sharing...
Persistent link: https://www.econbiz.de/10012016453
The implausibility of the extreme rationality assumptions of Nash equilibrium has been attested by numerous experimental studies with human players. In particular, the fundamental social dilemmas such as the Traveler's dilemma, the Prisoner's dilemma, and the Public Goods game demonstrate high...
Persistent link: https://www.econbiz.de/10014157729
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments, we study four- and eight-person groups in high and low marginal per capita return (MPCR) conditions. We find a positive effect of group size in the low MPCR condition, as in...
Persistent link: https://www.econbiz.de/10009772221
In this paper we show experimentally that conditional cooperation, a phenomenon described in the private provision of public goods, is also present in group contests, where participants’ contributions to their group performance partially determines if they overcome a rival group. This...
Persistent link: https://www.econbiz.de/10012439580
Social dilemmas are central to human society. Depletion of natural resources, climate protection, security of energy supply, and workplace collaborations are all examples of social dilemmas. Since cooperative behaviour in a social dilemma is individually costly, Nash equilibrium predicts that...
Persistent link: https://www.econbiz.de/10014146500
This paper analyzes the ability of group members to cooperate in rent-seeking in a context of between-group competition. For this purpose, we develop an infinitely repeated rent-seeking model with two groups where within-group cooperation is supported through the use of a double-edged trigger...
Persistent link: https://www.econbiz.de/10014219131
The paper explores organizations designed to influence a group to choose specific alternatives from a set of possible choices. The perspective is that of an administrator that has personal objectives not shared by the group and can dictate organization but not group choice. The design works...
Persistent link: https://www.econbiz.de/10014144246
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