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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14595 |
DP14595 Optimization incentives in dilemma games with strategic complementarity | |
Jan Potters; Sigrid Suetens | |
发表日期 | 2020-04-10 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We examine whether optimization incentives --- incentives to best-respond --- have an effect on behavior in finitely repeated two-player dilemma games with strategic complements. We run an experiment in which we increase optimization incentives in two different ways compared to a baseline treatment. In the first treatment, the increase in optimization incentives is created by an increase in payoffs on the best-response curve, while its slope remains unchanged. In the second treatment, the increase in optimization incentives takes the form of an increase in the slope of the best-response curve, while best-response payoffs remain unchanged. We find that the impact of optimization incentives is overshadowed by the effect of the slope of the best-response curve. Although an increase in optimization incentives leads subjects to best-respond more frequently when the best-response curve is relatively flat, it leads to more cooperative behavior if it is accompanied by an increase in the slope of the best-response function. |
主题 | Industrial Organization |
关键词 | Optimization incentives Strategic complementarity Repeated game Cooperation Experiments |
URL | https://cepr.org/publications/dp14595 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543502 |
推荐引用方式 GB/T 7714 | Jan Potters,Sigrid Suetens. DP14595 Optimization incentives in dilemma games with strategic complementarity. 2020. |
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