Showing 1 - 10 of 1,032
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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...
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encourage cooperation may actually hurt morale, by convincing opportunistic team members to imitate and later take advantage of …
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We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10011333896
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011327522
We study the effect of group size on cooperation in voluntary contribution mechanism games. As in previous experiments … find that cooperation is highest of all in twoperson groups. The findings in the high MPCR condition are consistent with … those from n-person prisoner's dilemma and oligopoly experiments that suggest it is more difficult to sustain cooperation in …
Persistent link: https://www.econbiz.de/10009772221
cooperation is best reply to itself. We give the condition for the existence of the Ostrom threshold in the Nederlander …-Prisoner's Dilemma Game. For high enough cost of failure, cooperation among rational egoists is sustained. The Ostrom threshold first …
Persistent link: https://www.econbiz.de/10009773105