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We systematically investigate prisoner's dilemma games and dictator games with valence framing. We find that give versus take frames influence subjects' behavior and beliefs in the prisoner's dilemma game but not in the dictator game
Persistent link: https://www.econbiz.de/10012963586
The dynamics generated by individual learning mechanisms in evolutionary games rely upon the relationship between imitation and experimentation. We consider the dynamics created by individuals who learn through a process of selective imitation, for a general class of sequential, symmetric,...
Persistent link: https://www.econbiz.de/10012899794
forgiveness, though forgiveness is not part of any relevant strategy that fits the data. Our experiment provides an empirical …
Persistent link: https://www.econbiz.de/10013074249
interaction. We constructed an experiment where participants chose the group size, either a low-value partnership or a high …
Persistent link: https://www.econbiz.de/10011713754
and uncover a new behavioral foundation for the use of monetary systems.In an experiment, anonymous subjects could …
Persistent link: https://www.econbiz.de/10013124023
We develop a stylized two-period game-theoretic model of the strategic choices made by soccer teams when selecting between defensive and attacking team formations, and between non-violent and violent styles of play. Cooperative behavior during the early stages of matches is typically superseded...
Persistent link: https://www.econbiz.de/10012870686
Does intuition favor prosociality, or does prosocial behavior require deliberative self-control? The Social Heuristics Hypothesis (SHH) stipulates that intuition favors typically advantageous behavior – but which behavior is typically advantageous depends on both the individual and the...
Persistent link: https://www.econbiz.de/10012970187
Strategy changes are an essential part of evolutionary games. Here we introduce a simple rule that, depending on the value of a single parameter w, influences the selection of players that are considered as potential sources of the new strategy. For positive w players with high payoffs will be...
Persistent link: https://www.econbiz.de/10014193126
Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
Persistent link: https://www.econbiz.de/10013252726
We derive a generalized method for calculating the total number of Paretooptimal allocations (NOPA) in typical linear public goods games. Among other things, the method allows researchers to develop new experimental designs for testing the relevance of Pareto-optimality in experimental settings,...
Persistent link: https://www.econbiz.de/10009374384