Showing 151 - 160 of 689,214
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10013320016
In this paper we show experimentally that conditional cooperation, a phenomenon described in the private provision of public goods, is also present in group contests, where participants’ contributions to their group performance partially determines if they overcome a rival group. This...
Persistent link: https://www.econbiz.de/10012439580
This paper reports the results of an experiment designed to assess the ability of an enforcement agency to detect and … receive reduced sanctions. We replicate the strategic environment described by Landeo and Spier (2018). In theory, the optimal …
Persistent link: https://www.econbiz.de/10011927250
under plausible conditions. Overall, contributions in the MAM experiment averaged 94.9%. Quantifying subjects’ responses to …
Persistent link: https://www.econbiz.de/10014157950
Cooperative equilibria can be supported in a repeated game when players use trigger strategies. This paper tests how well trigger strategies explain behavior in two-person experimental games. Reducing payoffs for choices larger than the Cournot level induces smaller average outputs, consistent...
Persistent link: https://www.econbiz.de/10014133393
announced sequence. Theory predicts simultaneous production in period one but we find that a substantial proportion of subjects …
Persistent link: https://www.econbiz.de/10014063853
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10013149368
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10014189876
The common prior assumption is pervasive in game-theoretic models with incomplete information. This paper investigates experimentally the importance of inducing a common prior in a two-person signaling game. For a specific probability distribution of the sender’s type, the long-run behavior...
Persistent link: https://www.econbiz.de/10014207945
Persistent link: https://www.econbiz.de/10008655973