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Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...
Persistent link: https://www.econbiz.de/10010256693
We investigate experimentally the underlying motivations and individual differences with regard to the participation in between-group conflict in nested social dilemmas. In our nested social dilemmas, the collective is divided into two groups, and individuals allocate tokens between a private, a...
Persistent link: https://www.econbiz.de/10010337030
In this note I give a full characterization of all deterministic direct mechanisms in the public good provision problem with independent private values that are dominant strategy incentive compatible, ex-post individually rational, and ex-post budget balanced.
Persistent link: https://www.econbiz.de/10010337703
In Binary Threshold Public Good (BTPG) games players contribute or not to the production of a public good which is …
Persistent link: https://www.econbiz.de/10011434498
be of a threshold form, in which there is a fixed threshold for each agent such that the public good is not provided if … there is an agent with a value below her threshold and is provided if all agents' values exceed their respective threshold …. There are mechanism that are DSIC, EPIR, and EPBB that are not of the threshold form. Mechanisms that maximize welfare …
Persistent link: https://www.econbiz.de/10011435962
In a semi-aggregative representation of a game, the payoff of a player depends on a player's own strategy and on a personalized aggregate of all players' strategies. Suppose that each player has a conjecture about the reaction of the personalized aggregate to a change in the player's own...
Persistent link: https://www.econbiz.de/10011504952
We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences....
Persistent link: https://www.econbiz.de/10008933506
In a series of one-shot linear public goods game, we ask subjects to report their contributions, their contribution plans for the next period, and their first-order beliefs about their present and future partner. We estimate subjects' preferences from plans data by a infinite mixture approach...
Persistent link: https://www.econbiz.de/10009299538
game. Using data on contemporary hunter-gatherer societies I then estimate a threshold value determining when biological …
Persistent link: https://www.econbiz.de/10010344319
We develop a model that accounts for the decay of the average contribution observed in experiments on voluntary contributions to a public good. The novel idea is that people's moral motivation is "weak." Their judgment about the right contribution depends on observed contributions by group...
Persistent link: https://www.econbiz.de/10013130737