Showing 81 - 90 of 258
We study a class of trust dilemmas with symmetric players that evolve in real-time. In these games, as long as all the n players continue to cooperate, the payoff function increases exponentially over time. Simultaneously, however, the temptation to defect also increases at the same rate. The...
Persistent link: https://www.econbiz.de/10012773843
We study experimentally a class of pure coordination games as a special case of the Consumer Choice of Prizes game developed by Rapoport et al. (2000). We find a high level of group coordination coupled with considerable switching in the choice of locations. Two models are proposed and tested to...
Persistent link: https://www.econbiz.de/10013251205
Persistent link: https://www.econbiz.de/10013277974
Persistent link: https://www.econbiz.de/10012643612
Persistent link: https://www.econbiz.de/10009126153
Persistent link: https://www.econbiz.de/10009126155
Persistent link: https://www.econbiz.de/10012242030
A model of coalition government formation is presented in which inefficient, non-minimal winning coalitions may form in Nash equilibrium. Predictions for five games are presented and tested experimentally. The experimental data support potential maximization as a refinement of Nash equilibrium....
Persistent link: https://www.econbiz.de/10011603116
Persistent link: https://www.econbiz.de/10011970017
Persistent link: https://www.econbiz.de/10011942553