Showing 1 - 10 of 43
Persistent link: https://www.econbiz.de/10011486176
Persistent link: https://www.econbiz.de/10012030087
Social norms of cooperation are studied under several forms of communication. In an experiment, strangers could make public statements before playing a prisoner's dilemma. The interaction was repeated indefinitely, which generated multiple equilibria. Communication could be used as a tool to...
Persistent link: https://www.econbiz.de/10011737254
This study reveals the existence of a causal link between the availability of money and an expanded scale of interaction. We constructed an experiment where participants chose the group size, either a low-value partnership or a high-value group of strangers, and then faced an intertemporal...
Persistent link: https://www.econbiz.de/10011713754
Persistent link: https://www.econbiz.de/10011942037
Persistent link: https://www.econbiz.de/10011758818
Under what conditions can cooperation be sustained in a network of strangers? Here we study the role of institutions and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could cooperate or defect in bilateral random encounters. This...
Persistent link: https://www.econbiz.de/10011735015
Does monitoring past conduct facilitate intertemporal cooperation? We designed an experiment characterized by strategic uncertainty and multiple equilibria where coordinating on the efficient outcome is a challenge. Participants, interacting anonymously in a group, could pay a cost either to...
Persistent link: https://www.econbiz.de/10011713674
Persistent link: https://www.econbiz.de/10014483207
Persistent link: https://www.econbiz.de/10013393338