Bonus and penalty in common pool resource dilemmas under uncertainty

Article Abstract:

Research examining common pool resource dilemmas is presented, with particular focus on analysis of experimental results suggesting that individual requests decrease under both bonus and penalty treatments. It is stressed that the penalty system is more efficient that the bonus one.

Psychological aspects, Brief Article, Bonuses

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Social loafing vs. social enhancement: public goods provisioning in real-time with irrevocable commitments

Article Abstract:

A real-time protocol of play in which at any point in time players can either withhold or contribute their entire endowment to a step-level public good is introduced. The results show that even without preplay communication, irrevocable commitments made under the real-time protocol of play result in levels of contribution to binary public goods not observed under the more common simultaneous protocol.

Science & research, Decision-making, Decision making, Evaluation, Public goods, Organizational behaviour

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Randomization and adaptive learning in a simplified poker game

Article Abstract:

A results of a study of paired subjects' behavior in zerosum poker games characterized by asymmetric and imperfect information and in extensive form do not support, on either the aggregate or individual level and for risk-neutral players, the mixed-strategy equilibrium solution. An adaptive learning model, when based on the assumption that learning occurs only when players are induced to act, successfully tracks the general probability trends of calling and bluffing over time.

Behavior Theory, Human behavior, Game theory, Learning, Psychology of, Learning theory (Psychology)

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