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In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they …
Persistent link: https://www.econbiz.de/10010401724
The evolution of large-scale cooperation among genetic strangers is a fundamental unanswered question in the social sciences. Behavioral economics has persuasively shown that so called "strong reciprocity" plays a key role in accounting for the endogenous enforcement of cooperation. Insofar as...
Persistent link: https://www.econbiz.de/10009298308
We study experimentally "partnership protocols" of the sort proposed by Kalai and Kalai (2010), for bilateral trade games with incomplete information. We utilize the familiar game analyzed by Chatterjee and Samuelson (1983) and Myerson and Sattherwaite (1983), with a buyer and seller with value...
Persistent link: https://www.econbiz.de/10009686477
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10013106646
We report the results of a laboratory experiment on crowd-out in a voluntary contribution mechanism public good game …
Persistent link: https://www.econbiz.de/10013106769
Communication has been shown to play a positive role in promoting trust, yet there is no evidence on how sensitive this result is to the size of the gains from cooperation. To investigate this issue, we adopt an experimental design in which a trustee can send a free form message to a trustor,...
Persistent link: https://www.econbiz.de/10012900477
We design a transboundary public goods (TPG) game, in which participants have simultaneous interaction within and between groups. We design the TPG game under an infinitely repeated situation in order to explore the types of strategies that participants employ in infinitely repeated games. We...
Persistent link: https://www.econbiz.de/10012899208
incentive to abstain from expending any effort and instead free-ride on the efforts of other members. Contest theory shows that … relative to the theory. We discuss potential explanations for such over-expenditure, including the utility of winning, bounded … support for the comparative statics predictions of the theory (with the exception of the “group size paradox”). Finally …
Persistent link: https://www.econbiz.de/10013013877
theoretical propositions were put to test. The broad results from this experiment were not inconsistent with the theory. Further …
Persistent link: https://www.econbiz.de/10013053636
We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...
Persistent link: https://www.econbiz.de/10012992465