Showing 1 - 10 of 2,158
This paper studies the evolution of both characteristics of reciprocity - the willingness to reward friendly behavior …
Persistent link: https://www.econbiz.de/10010440934
This paper shows that reciprocity comes from the desire to cooperate in finitely repeated prisoner's dilemma game …. Before playing the finitely repeated prisoner's dilemma game, players choose the reciprocity level and commit to it, and the … reciprocity level is public information. There are T equilibria if the prisoner's dilemma game is repeated for T periods, and each …
Persistent link: https://www.econbiz.de/10012894288
Conditional cooperation is an important factor in voluntary cooperation. Fehr and Schmidt (1999) show that in public good games conditional cooperation among rational players is feasible if cooperators are sufficiently inequality averse and if there are not too many free riders. The derived...
Persistent link: https://www.econbiz.de/10012941202
In a two-person ¯nitely repeated public goods experiment, we use intentions data to interpret individual behavior. Based on a random-utility model speci¯cation, we develop a relationship between a player's beliefs about others' behavior and his contributions' plans, and use this relationship...
Persistent link: https://www.econbiz.de/10010275035
Different evaluators typically disagree how to rank different candidates since they care more or less for the various qualities of the candidates. It is assumed that all evaluators submit vector bids assigning a monetary bid for each possible rank order. The rules must specify for all possible...
Persistent link: https://www.econbiz.de/10010286461
candidates. -- social ranking ; fairness ; fair game forms ; objective equality ; mechanism ; design ; committee decision making …
Persistent link: https://www.econbiz.de/10008991294
We use a two-person public goods experiment to distinguish between effciency and fairness as possible motivations for … results indicate that fairness (or inequality aversion) is more in°uential than efficiency in driving behavior. …
Persistent link: https://www.econbiz.de/10010275032
In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...
Persistent link: https://www.econbiz.de/10003983187
We introduce intention-based social preferences into a mechanism design framework with independent private values and quasilinear payoffs. For the case where the designer has no information about the intensity of social preferences, we provide conditions under which mechanisms which have been...
Persistent link: https://www.econbiz.de/10010354632
cooperation. We try to assess the relative importance of three motives - namely reciprocity, inequity aversion, and anchoring - in … a non-linear voluntary contribution experiment. We find that, for those conditionally cooperating, both reciprocity and … reciprocity. In contrast, anchoring plays only a marginal role. Compared to what previously found in linear voluntary contribution …
Persistent link: https://www.econbiz.de/10009313091