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important in many interactions, we study a theoretical model on reciprocity where a player's altruism depends on her perception … empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover's lying propensity … evidence that reciprocity does not play a role for lying behavior in our setting. …
Persistent link: https://www.econbiz.de/10011933920
important in many interactions, we study a theoretical model on reciprocity where a player's altruism depends on her perception … empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover’s lying propensity … evidence that reciprocity does not play a role for lying behavior in our setting …
Persistent link: https://www.econbiz.de/10012892217
This paper provides an analytical model to study the co-evolution of trust and trustworthiness in a game-theoretic framework. Trust reflects an agent’s belief that other agents cooperate in a two-stage prisoner’s dilemma game. Altruist agents receive a utility from their opponents’...
Persistent link: https://www.econbiz.de/10014358386
monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we …
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We propose and experimentally test a theory of strategic behavior in which players are cognitively imprecise and perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when perception is precise. When adding a small amount of...
Persistent link: https://www.econbiz.de/10012698826
We propose and experimentally test a theory of strategic behavior in which players are cognitively imprecise and perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when perception is precise. When adding a small amount of...
Persistent link: https://www.econbiz.de/10013310763