Showing 1 - 2 of 2
We develop a new experiment to study the emergence of welfare-reducing bilateral alliances within larger groups, and the effectiveness of institutional interventions to curtail this reciprocal alliance behaviour. In each of the 25 rounds of our experiments, a player (the 'allocator') nominates...
Persistent link: https://www.econbiz.de/10010513328
Persistent link: https://www.econbiz.de/10011927462