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The importance of knowing your own reputation
Greiff, Matthias; Paetzel, Fabian - 2012
games with varying partners ; Reputation ; Second-order beliefs …
Persistent link: https://www.econbiz.de/10009572902
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Testing for Heterogeneity of Preferences in Randomized Experiments : A Satisfaction-Based Approach Applied to Multiplayer Prisoners’ Dilemmas
Becchetti, Leonardo - 2016
We use experimental data from the “vote with the wallet” multiplayer prisoner's dilemma to investigate with a finite mixture approach the effect of a responsible purchase on players' satisfaction. We find clear-cut evidence of heterogeneity of preferences with two groups of players that...
Persistent link: https://www.econbiz.de/10012988866
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Oligopoly as a socially embedded dilemma : an experiment
Engel, Christoph; Zhurakhovska, Lilia - 2011
dampens cooperation, though only slightly. Surprisingly, externalities are immaterial. If we control for beliefs, they even … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10008822475
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When is the risk of cooperation worth taking? : the prisoner's dilemma as a game of multiple motives
Engel, Christoph; Zhurakhovska, Lilia - 2012 - revised version: August 2013
Both in the field and in the lab, participants frequently cooperate, despite the fact that the situation can be modelled as a simultaneous, symmetric prisoner’s dilemma. This experiment manipulates the payoff in case both players defect, and explains the degree of cooperation by a combination...
Persistent link: https://www.econbiz.de/10009573481
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Gender and cooperation in children : experiments in Colombia and Sweden
Cárdenas Campo, Juan Camilo; Dreber, Anna; Essen, Emma von - 2011
We compare how children aged 9-12 in Colombia and Sweden cooperate in a Prisoner's Dilemma. We introduce a new measurement device for cooperation that can be easily understood by children. There is some evidence of more cooperation in Sweden than in Colombia. Girls in Colombia are less...
Persistent link: https://www.econbiz.de/10009157407
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Harm on an innocent outsider as a lubricant of cooperation : an experiment
Engel, Christoph; Zhurakhovska, Lilia - 2012
participants more pessimistic. However conditional on their beliefs participants are more, not less cooperative if cooperation … Game ; Beliefs …
Persistent link: https://www.econbiz.de/10009490177
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Reputation transmission without benefit to the reporter : a behavioral underpinning of markets in experimental focus
Kamei, Kenju; Putterman, Louis G. - 2015 - This version: September 8, 2015
Reputation is a commonly cited check on opportunism in economic and social interactions. But it is often unclear what would motivate an agent to report another’s behavior when the pool of potential partners is large and it is easy enough for an aggrieved player to move on. We argue that...
Persistent link: https://www.econbiz.de/10011333021
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Selfishness as a potential cause of crime : a prison experiment
Chmura, Thorsten; Engel, Christoph; Englerth, Markus - 2013
For a rational choice theorist, the absence of crime is more difficult to explain than its presence. Arguably, the expected value of criminal sanctions, i.e. the product of severity times certainty, is often below the expected benefit. We rely on a standard theory from behavioral economics,...
Persistent link: https://www.econbiz.de/10009723560
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Gender and Cooperation in Children : Experiments in Colombia and Sweden
Cárdenas, Juan-Camilo - 2012
This paper compares cooperation among Columbian and Swedish children aged 9-12. We illustrate the dynamics of the prisoner's dilemma in a new task that is easily understood by children and performed during a physical education class. We find some evidence that children cooperate more in Sweden...
Persistent link: https://www.econbiz.de/10013114949
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Selfishness as a Potential Cause of Crime - A Prison Experiment
Chmura, Thorsten - 2013
For a rational choice theorist, the absence of crime is more difficult to explain than its presence. Arguably, the expected value of criminal sanctions, i.e. the product of severity times certainty, is often below the expected benefit. We rely on a standard theory from behavioral economics,...
Persistent link: https://www.econbiz.de/10013084563