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of theory and experiments that have identified trust and reciprocity in economics and human behavior. …This survey explores the contributions of behavioral economics, laboratory experiments, and field experiments to our … trust and reciprocity, departing from pure self-interest in the understanding of "homo economicus", begins the discussion …
Persistent link: https://www.econbiz.de/10010960086
Evidence suggests that whether or not people dislike lying is situation-dependent. We argue that the theory of simple guilt can accommodate this well.
Persistent link: https://www.econbiz.de/10010702934
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10011041625
-maximizing firms to compress wages under quite general conditions. Our laboratory experiments, on the other hand, show that --while …
Persistent link: https://www.econbiz.de/10005828920
Persistent link: https://www.econbiz.de/10013532240
his real choice of effort in a gift exchange game, we implement four treatments in our experiments by varying two factors …
Persistent link: https://www.econbiz.de/10010729803
experiments, and recent research has shown the importance of identity in a wide array of economic environments. But predictions …
Persistent link: https://www.econbiz.de/10011049776
Economists and psychologists have developed a variety of experimental methodologies to elicit and assess individual risk attitudes. Choosing which to utilize, however, is largely dependent on the question one wants to answer, as well as the characteristics of the sample population. The goal of...
Persistent link: https://www.econbiz.de/10010636216
In labor markets, the ratchet effect refers to a situation where workers subject to performance pay choose to restrict their output, because they rationally anticipate that firms will respond to higher output levels by raising output requirements or cutting pay. We model this effect as a...
Persistent link: https://www.econbiz.de/10008534200
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