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We report experimental evidence showing a positive effect of redistribution on economic efficiency via the self-enforcement of property rights, and identify which status groups benefit more and which less. We model an economy in which wealth is produced if players voluntarily comply with...
Persistent link: https://www.econbiz.de/10014504242
This paper investigates how different message structures impact communication strategy as well as sender and receiver … behavior. Specifically, we focus on comparing communication games with messages stating an intention versus a request. Our …
Persistent link: https://www.econbiz.de/10013200074
We design experimental games to evaluate the predictive power of the first cheap-talk refinement, neologism …
Persistent link: https://www.econbiz.de/10012215363
We studied how communication media affect trust game play. Three popular media were considered: traditional face …-to-face, Facebook groups, and anonymous online chat. We considered post-communication changes in players' expectations and preferences …, and further analyzed the contents of group communications to understand the channels though which communication appears to …
Persistent link: https://www.econbiz.de/10013200046
effort provision. We test the model in a laboratory experiment and confirm its main predictions. Our results have important …
Persistent link: https://www.econbiz.de/10015193595
We study framing effects in repeated social dilemmas by comparing payoff-equivalent Give- and Take-framed public goods games under varying matching mechanisms (Partners or Strangers) and levels of feedback (Aggregate or Individual). In the Give-framed game, players contribute to a public good,...
Persistent link: https://www.econbiz.de/10011709858
starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …
Persistent link: https://www.econbiz.de/10012227732
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual's: (1) opportunity to commit to their partner; (2) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011709878
-confident agents are more likely to accept early offers than overconfident agents. The experiment identifies a behavioral determinant …
Persistent link: https://www.econbiz.de/10012143460
We investigate strategic information transmission with communication error, or noise. Our main finding is that adding … it possible to achieve the best payoff that can be obtained by means of any communication device. As in the model without …
Persistent link: https://www.econbiz.de/10011599393