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theory, while sociological theories of social ties and intergroup comparisons suggest that bilateral cooperation can be … implemented by letting subjects make a positive contribution to a public good if they choose to defect from cooperation, i ….e. cooperation is collusive since the gains are at the expense of the public. We find that this negative externality increases …
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We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10013295651
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322
the need for a new theory of how cooperation emerges. … daher die Notwendigkeit einer neuen Theorie über die Entstehung von Kooperation nahe. …
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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368