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We study the role of information about the multiplier in a finitely repeated investment game. A high multiplier … information about the multiplier. We discuss potential reasons for the deviation between theory and experimental data. …
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investigate cooperation when information about players' reputations spreads to their future partners through links in a social … network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … are more likely to receive information through their network connections. Both aspects of trust are linked to new …
Persistent link: https://www.econbiz.de/10011773641
,” and these types are private information. Moral hazard problems are present in both games. The model shows that there are …
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measures: the implementation of a reputation system, asking agents directly to act prosocially, and a taking frame. I run … is joint work with Claudia Keser, we analyze if the fostering impact of reputation systems on prosocial behavio... …
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We study the effects of reputation and competition in a stylized market for experience goods. If interaction is … identifiable and can, hence, build a reputation, efficiency quadruples but is still at only a third of the first best. Adding more … information by granting buyers access to all sellers' complete history has, somewhat surprisingly, no effect. On the other hand …
Persistent link: https://www.econbiz.de/10014054391
Anti-Western conspiracies are frequently used by governments to strengthen their power. We investigate the impact of conspiracy thinking on expectations of collusion among individuals in Russia and China. For this purpose, we conduct a novel laboratory experiment to measure expectations of...
Persistent link: https://www.econbiz.de/10013023260