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together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … how much their partners invest. Moreover, subjects deal better with the coordination and cooperation problems as they gain … collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding …
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cooperation. While the majority of previous studies equates reputation with a transparent and complete history of players' past … decisions, in real life, reputations are often ambiguous and opaque. Using web-based experiments, we explore the extent to which …
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We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously … findings show that pledges of commitment alone can increase cooperation and welfare in committed partnerships. The introduction … partnerships fall solely on the individual choosing to break up, pledges of commitment fail to improve cooperation and welfare. …
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