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While the public good experiment has been used to analyze cooperation among various groups in Western Europe and North … altruistic punishment, to antisocial punishment, and ultimately to enhanced cooperation in Turkish society. -- Cooperation ; Free …
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Problems of cooperation have often been simplified as the choice between defection and cooperation, although in many … questionable whether known solutions to the problem of cooperation, such as punishment could still work, given the limited …-out motivates cooperation. Instead, when punishment is introduced, higher cooperation emerges in the compulsory game. This key …
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The great recession (2008) triggered an apparent discrepancy between empirical findings and macroeconomic models based on rational expectations alone. This gap led to a series of recent developments of a behavioral microfoundation of macroeconomics combined with the underlying experimental and...
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-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
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We present an experiment designed to investigate the presence and nature of ordering effects within repeated response stated preference studies. We formulate a general structural model of such effects and use this to isolate signature patterns for position-dependent effects (learning about...
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