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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
Within-group communication in competitive coordination games has been shown to increase competition between groups and lower efficiency. This study further explores potentially harmful effects of communication, by addressing the questions of (i) asymmetric communication and (ii) the endogenous...
Persistent link: https://www.econbiz.de/10012970700
We examine theoretically and experimentally how combining between-team and within-team incentives affects behavior in team tournaments. Theory predicts that free-riding is likely to occur when there are only between-team incentives, and offering within-team incentives may solve this problem....
Persistent link: https://www.econbiz.de/10012921253
Costless pre-play communication has been shown to effectively facilitate within-group coordination. However, in competitive coordination games, such as rent-seeking contests, better within-group coordination leads to more aggressive competition and lower efficiency. We report an experiment in...
Persistent link: https://www.econbiz.de/10013029381
In a centralized marketplace that was designed to be simple, we identify participants whose choices are dominated. Using administrative data from Hungary, we show that college applicants make obvious mistakes: they forgo the free opportunity to receive a tuition waiver worth thousands of...
Persistent link: https://www.econbiz.de/10011772987
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10013321364
Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about …
Persistent link: https://www.econbiz.de/10013320174
Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about …
Persistent link: https://www.econbiz.de/10011415111
Persistent link: https://www.econbiz.de/10009726202
Persistent link: https://www.econbiz.de/10010462349