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Hoelzemann, Johannes; Klein, Nicolas Alexandre - In: Quantitative economics : QE ; journal of the … 12 (2021) 3, pp. 1021-1051

We experimentally implement a dynamic public-good problem, where the public good in question is the dynamically evolving information about agents' common state of the world. Subjects' behavior is consistent with free-riding because of strategic concerns. We also find that subjects adopt more...

Persistent link: https://www.econbiz.de/10012598548

Dynamic voluntary contribution to a public good : learning to be a free rider

Clemens, Christiane; Riechmann, Thomas - 2001

learning process of purely and impurely altruistic agents and find that in both cases the contribution level converges towards … corresponds to findings from experiments on voluntary contribution to a public good. Crucial determinants of the learning process … are the population size and the propensity to experiment. …

Persistent link: https://www.econbiz.de/10011525818

Uncertainty-driven cooperation

Cetemen, Esat Doruk; Hwang, Ilwoo; Kaya, Ayça - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 3, pp. 1023-1058

We consider dynamic team production in the presence of uncertainty. Team members receive interim feedback that depends on both their current effort level and the project's uncertain prospects. In this environment, each member can encourage the others by making them more optimistic about the...

Persistent link: https://www.econbiz.de/10012308721

Learning to punish : experimental evidence from a sequential step-level public goods game

Cooper, David J.; Stockman, Carol Kraker - In: Experimental economics : a journal of the Economic … 5 (2002) 1, pp. 39-51

Persistent link: https://www.econbiz.de/10001698369

Dynamic voluntary contribution to a public good : learning to be a free rider

Clemens, Christiane - 2001

Persistent link: https://www.econbiz.de/10013416443

The weight of personal experience : an experimental measurement

Miller, Joshua; Maniadis, Zacharias - 2012 - This version: August 31, 2012

Persistent link: https://www.econbiz.de/10011817848

Strategic experimentation : the case of poisson bandits

Cripps, Martin; Keller, Godfrey; Rady, Sven - 2002

This paper studies a game of strategic experimentation in which the players have access to two-armed bandits where the risky arm distributes lumpsum payoffs according to a Poisson process with unknown intensity. Because of free-riding, there is an inefficiently low level of experimentation in...

Persistent link: https://www.econbiz.de/10011410236

Strategic experimentation with exponential bandits

Cripps, Martin; Keller, Godfrey; Rady, Sven - 2003 - This version: July 9, 2003

This paper studies a game of strategic experimentation with two-armed bandits whose risky arm might yield a payoff only after some exponentially distributed random time. Because of free-riding, there is an inefficiently low level of experimentation in any equilibrium where the players use...

Persistent link: https://www.econbiz.de/10010440933

Innovation adoption by forward-looking social learners

Frick, Mira; Ishii, Yuhta - 2015

Persistent link: https://www.econbiz.de/10010490243

Play it again : partner choice, reputation building and learning from finitely repeated dilemma games

Kamei, Kenju; Putterman, Louis G. - In: The economic journal : the journal of the Royal … 127 (2017) 602, pp. 1069-1095

Persistent link: https://www.econbiz.de/10011750703

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