Showing 51 - 60 of 26,196
behavior. We extend the Sequential Reciprocity Equilibrium in extensive-form games (Dufwenberg and Kirchsteiger, 2004) to a …We introduce the uncertainty of psychological motivation into a reciprocity model and explore its implications on … how uncertainty changes the equilibrium predictions of the standard reciprocity model and compare two setups in which the …
Persistent link: https://www.econbiz.de/10012795762
cooperation, a community enforcement mechanism was used, whereby selfish nodes that drop packets were punished not only by the … cooperation. This scheme also eliminated the need to infer the private history of other nodes. Moreover, it simplified the …. A range of simulations was carried out that showed improved cooperation between selfish nodes when compared to older …
Persistent link: https://www.econbiz.de/10009460501
The present experiment introduces a modification of the iterated prisoner's dilemma (PD). In contrast to classical dilemma situations with only one interaction partner, participants (N = 120) interacted with five fictitious interaction partners within one game, either in a random order (change...
Persistent link: https://www.econbiz.de/10010801598
, compared to no labels, led to significantly more cooperation; labels such as trust and cooperate/defect augmented cooperation …
Persistent link: https://www.econbiz.de/10010802231
A common approach in modeling negotiations is to apply game theory to single issues. Recent work has suggested that the complexity of international negotiations can be better modeled by linking independent games. Successful linking is possible when the linked issues have compensating asymmetry...
Persistent link: https://www.econbiz.de/10011069405
in sustaining the cooperative behavior comparing to the existing models, it can produce interesting non …
Persistent link: https://www.econbiz.de/10011061105
Monetary theorists have advanced an intriguing notion: we exchange money to make up for a lack of enforcement, when it is difficult to monitor and sanction opportunistic behaviors. We demonstrate that, in fact, monetary equilibrium cannot generally be sustained when monitoring and punishment...
Persistent link: https://www.econbiz.de/10010226612
This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences … standard non-cooperative equilibrium, cooperation of a large fraction or even of all countries can establish a Nash equilibrium … full cooperation can be reached. …
Persistent link: https://www.econbiz.de/10011445929
Studies of cooperation in infinitely repeated matching games focus on homogeneous economies, where full cooperation is …
Persistent link: https://www.econbiz.de/10011584447
The article suggests a new explanation for cooperation in large, unstructured societies that avoids the restrictions … for cooperation to be part of an asymptotically stable equilibrium of an evolutionary dynamics of signaling norm … internalization, behavior and norm adoption. These conditions put the signaling costs of norm-adopters and non-adopters, the strength …
Persistent link: https://www.econbiz.de/10010429142