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Individual Preferences for Giving

open access: yes, 2005
R. Fisman   +3 more
semanticscholar   +1 more source
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Digital Tokens and Platform Building

The Review of financial studies
We present a model rationalizing the economic value of digital tokens for launching peer-to-peer platforms. By using the blockchain to transparently distribute tokens before the platform launches, a token sale overcomes later coordination failures ...
Jiasun Li, William Mann
semanticscholar   +1 more source

An Experimental Study of Prisoners' Dilemma and Stag Hunt Games Played by Teams of Players

Games and Economic Behavior
We compare the behavior in six variations of prisoners’ dilemma and stag hunt games played by 5-member teams to behavior in the same games played by individuals.
Jeongbin Kim, Thomas R. Palfrey
semanticscholar   +1 more source

The Effects of Time Preferences on Cooperation: Experimental Evidence from Infinitely Repeated Games

American Economic Journal: Microeconomics, 2023
This paper studies the effects of time preferences on cooperation in an infinitely repeated prisoner’s dilemma game experiment. Subjects play repeated games in the lab, all decisions at once, but stage game payoffs are paid over an extended period of ...
Jeongbin Kim
semanticscholar   +1 more source

Backward Induction Reasoning beyond Backward Induction

American Economic Journal: Microeconomics
Backward induction (BI) is only defined for perfect information games, but its logic is also invoked in many concepts for imperfect or incomplete information games.
Emiliano Catonini, Antonio Penta
semanticscholar   +1 more source

Price and Choose

American Economic Journal: Microeconomics
We describe a sequential mechanism that fully implements the set of efficient outcomes in environments with quasi-linear utilities. The mechanism asks agents to take turns in defining prices for each outcome, with a final player choosing an outcome for ...
Federico Echenique, Matías Núñez
semanticscholar   +1 more source

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