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We consider a Prisoner’s Dilemma model with a pre-play communication stage. Players get a disutility from deceiving others after sending a message of conditional cooperation. Each player’s realized lying aversion cost is private information. We prove existence and characterize the (unique)...
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Laboratory experiments on the provision of public goods follow subjects over time as they interact in a small group. In every period subjects allocate a fixed endowment between a private good and a group good that yields a return to all group members. These experiments produce data sets that are...
Persistent link: https://www.econbiz.de/10014180232
Classroom experiments are becoming increasingly popular as active-learning exercises for courses in economics. There are many situations where technology is needed to facilitate the effective use of classroom experiments. This article examines how computers and wireless handheld devices are...
Persistent link: https://www.econbiz.de/10014182185
The COVID-19 pandemic has led many people to suffer from emotional distress. Previous studies suggest that women process and express affective experiences, such as fear, with a greater intensity compared to men. We administered an online survey to a sample of participants in the United States...
Persistent link: https://www.econbiz.de/10013234700
Status is an important motivator of human behavior. This article examines the extent to which people are willing to adjust their negotiating behavior in response to their opponent's status level. The results of a series of experiments on the effect of status on student subjects' negotiating...
Persistent link: https://www.econbiz.de/10013122609
Anxiety is often associated with poor economic outcomes, including earning 13% to 18% less than non-anxious peers. On the other hand, few studies explore how anxiety affects an individual's economic behavior. In part, this is due to a limited focus of clinical research on the impact of...
Persistent link: https://www.econbiz.de/10013058002
We survey Chinese adults, many of whom experienced the send-down movement as adolescents, to identify the impact of forced rustication on economic preferences. To distinguish the effect of being sent down from the effects of confounding factors corre- lated with the likelihood of send-down and...
Persistent link: https://www.econbiz.de/10014357694
The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated cross-sectional preference survey during the early stages of the COVID-19 outbreak, collecting three bi-weekly samples from participants recruited through...
Persistent link: https://www.econbiz.de/10013248812
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