Showing 131 - 140 of 28,986
We analyze communication about the social returns to investment in a public good. We model two agents who have private information about these returns as well as their own taste for cooperation, or social preferences. Before deciding to contribute or not, each agent submits an unverifiable...
Persistent link: https://www.econbiz.de/10012925704
This paper considers an experimental market entry game, where the decision problem involves several heterogeneous markets and players have an opportunity to enter several markets simultaneously. We find that groups fail to coordinate on any of the multiple pure strategy Nash equilibria by...
Persistent link: https://www.econbiz.de/10012708364
We study strategic interaction in an experimental social-preferences vacuum chamber. We mute social preferences by letting participants knowingly interact with computers. Our new design allows for indirect strategic interaction: there are several waves in which computer players inherit the...
Persistent link: https://www.econbiz.de/10012612955
We study how subjects deal with fatigue in a sequence of tournaments that are linked through fatigue spillovers. Our contribution is threefold. First, we develop a model that allows us to predict the consequences of varying the severity of competition as well as the ease of recovery over time....
Persistent link: https://www.econbiz.de/10013224238
Decision-makers that choose information strategies instead of concrete actions elect stochastic choice rules that leave open the potential for errors, which can obfuscate the strategic interactions of players. This article establishes that dynamic, stochastic, games with rationally inattentive...
Persistent link: https://www.econbiz.de/10013232311
Are refugees likely to be nasty in a gated community? This paper investigates the willingness of Syrian refugee groups in the Zaatari refugee camp to engage in destructive behavior under the shadow of scarcity and competition. The paper uses the joy-of-destruction game to test the exogenous...
Persistent link: https://www.econbiz.de/10013248777
In this paper, we study the impact of altruism on an interaction between a samaritan and a recipient/parasite in the frame of Buchanan's samaritan's dilemma (1975). We show that, as soon as altruism reaches a certain threshold, the equilibrium of the game corresponds to the situation Buchanan...
Persistent link: https://www.econbiz.de/10013289831
We study the effects of request and threat on trust and trustworthy behavior in an investment game, both theoretically and experimentally. Consistent with the theoretical predictions, the experimental results show that the request mechanism is able to lift up the overall trust level, due to the...
Persistent link: https://www.econbiz.de/10013290115
The goal of this paper is to study how litigation and settlement behavior is affected by subjects motivated by spiteful preferences -- a potentially common driver for litigation behavior. We focus on litigation and settlement behavior both under the American and the English fee-shifting rule. To...
Persistent link: https://www.econbiz.de/10013290615
This study investigates a free-rider problem in long-term relationships, where, due to its non-excludable nature, each player attempts to seek loopholes to impose the burden of cooperation on other players. The players establish a committee that demands that each player select an action as...
Persistent link: https://www.econbiz.de/10013292712