Journal ArticleDOI
The Effect of Communication Media on Cooperation
Jeannette Brosig,Joachim Weimann +1 more
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The authors examined how communication affects cooperation with the help of seven standard public goods experiments that only differ with respect to the medium of pre-play communication, and found that successful cooperation is attributable to the opportunity of coordinating behavior in the communication phase.Abstract:
. We examine how communication affects cooperation with the help of seven standard public goods experiments that only differ with respect to the medium of pre-play communication. Our treatments include bidirectional and unidirectional communication via (mostly electronic) auditory and/or visual channels. The results suggest that successful cooperation is attributable to the opportunity of ‘coordinating’ behavior in the communication phase. Furthermore, both the level and the stability of cooperation significantly interact with the communication medium, even though the content of communication is remarkably similar across the communication treatments.read more
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Sustaining cooperation in laboratory public goods experiments: a selective survey of the literature
TL;DR: The authors survey the literature post Ledyard (Handbook of Experimental Economics, ed. by J. Kagel, A. Roth, Chap. 2, Princeton, Princeton University Press, 1995) on three related issues in linear public goods experiments: (1) conditional cooperation; (2) the role of costly monetary punishments in sustaining cooperation and (3) the sustenance of cooperation via means other than such punishments.
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Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Goods Experiments
Urs Fischbacher,Simon Gächter +1 more
TL;DR: In this article, the authors show that the decl ine of cooperation is driven by individual preferences for im perfect conditional cooperation, rather than changing beliefs of what others will contr ibute over time or people's heterogeneity in preferences makes voluntary cooperation fragile.
Journal ArticleDOI
Communication and punishment in voluntary contribution experiments
TL;DR: In this article, the authors compare two devices previously found to increase contributions to public goods in laboratory experiments: communication, and punishment (allowing subjects to engage in costly reductions of one another's earnings after learning of their contribution decisions).
Journal ArticleDOI
Reciprocity, culture and human cooperation: previous insights and a new cross-cultural experiment.
Simon Gächter,Benedikt Herrmann +1 more
TL;DR: The experiments demonstrate that many people are ‘strong reciprocators’ who are willing to cooperate and punish others even if there are no gains from future cooperation or any other reputational gains.
Journal ArticleDOI
The mechanics of trust: a framework for research and design
TL;DR: This work identifies contextual properties and the actor's intrinsic properties that form the basis of trustworthy behavior and provides a frame of reference for the design of studies on trust in technology-mediated interactions, as well as a guide for identifying trust requirements in design processes.
References
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Journal ArticleDOI
A theory of fairness, competition and cooperation
Ernst Fehr,Klaus M. Schmidt +1 more
TL;DR: This paper showed that if some people care about equity, the puzzles can be resolved and that the economic environment determines whether the fair types or the selesh types dominate equilibrium behavior in cooperative games.
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ERC: A Theory of Equity, Reciprocity, and Competition
Gary E. Bolton,Axel Ockenfels +1 more
TL;DR: The authors demonstrate that people are motivated by both their pecuniary payoff and their relative payoff standing, and demonstrate that a simple model, constructed on the premise that people were motivated by either their payoff or their relative standing, organizes a large and seemingly disparate set of laboratory observations as one consistent pattern, which explains observations from games where equity is thought to be a factor, such as ultimatum and dictator, games where reciprocity is played a role and games where competitive behavior is observed.
Posted Content
Incorporating Fairness into Game Theory and Economics
TL;DR: In this article, it is shown that every mutual-max or mutual-min Nash equilibrium is a fairness equilibrium, and that if payoffs are small, fairness equilibria are roughly the set of mutualmax and mutualmin outcomes; if payoff are large, fairness equilibrium are roughly a set of Nash equilibra.
Journal ArticleDOI
Quantal Response Equilibria for Normal Form Games
TL;DR: In this paper, the authors investigate the use of standard statistical models for quantal choice in a game theoretic setting and define a quantal response equilibrium (ORE) as a fixed point of this process and establish existence.
Journal ArticleDOI
Rational cooperation in the finitely repeated prisoners' dilemma
TL;DR: In this article, the authors provide a bound on the number of rounds at which Fink may be played, when one player may possibly be committed to a "Tit-for-Tat" strategy.