Showing 1 - 10 of 3,031
repeated best-shot game. The experiment examines whether the amount and content of information given to players affects the …
Persistent link: https://www.econbiz.de/10014200941
and punishment. We test the model s predictions in a laboratory experiment and find that the combination of reward and …
Persistent link: https://www.econbiz.de/10010340563
Inductive game theory captures how a player inductively derives his/her personal views from experiences. The player may have multiple views, some of which differ from the objective situation, but may revise them with further experiences. This paper gives a logical formulation of this revision...
Persistent link: https://www.econbiz.de/10014175594
We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different … tournament contract incorporating both incentives at the top and at the bottom induces the highest effort, especially in larger …
Persistent link: https://www.econbiz.de/10011337036
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
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
In this paper, we discuss learning behavior and the heterogeneity of subjects' ability to perform in real-effort tasks. Afterwards, we present a novel variant of Erkal et al.'s (2011) encryption real-effort task which aims to minimize learning behavior in repeated settings. In the task,...
Persistent link: https://www.econbiz.de/10011807098
In this paper, we discuss learning behavior and the heterogeneity of subjects' ability to perform in real-effort tasks. Afterwards, we present a novel variant of Erkal et al.'s (2011) encryption real-effort task which aims to minimize learning behavior in repeated settings. In the task,...
Persistent link: https://www.econbiz.de/10014036875
We consider bargaining in a bipartite network of buyers and sellers, who can only trade with the limited number of people with whom they are connected. Such networks could arise due to proximity issues or restricted communication flows, as with information transmission of job openings, business...
Persistent link: https://www.econbiz.de/10014142824
This paper aspires to fill a conspicuous gap in the literature regarding learning in games — the absence of empirical verification of learning rules involving pattern recognition. Weighted fictitious play is extended to detect two-period patterns in opponents’ behavior and to comply with the...
Persistent link: https://www.econbiz.de/10014052195