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The investment game with asymmetric information
Coricelli, G.; Morales, L.G.; Mahlstedt, A. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are also elicited. Our results show that average...
Persistent link: https://www.econbiz.de/10005765175
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Donations, Risk Attitudes and Time Preferences: A Study on Altruism in Primary School Children
Angerer, Silvia; Glätzle-Rützler, Daniela; … - Institute for the Study of Labor (IZA) - 2014
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...
Persistent link: https://www.econbiz.de/10011086478
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Heterogeneous Social Preferences and the Dynamics of Free Riding in Public Goods
Fischbacher, Urs; Gächter, Simon - Institute for the Study of Labor (IZA) - 2006
We provide a direct test of the role of social preferences in voluntary cooperation. We elicit individuals' cooperation preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a novel test as to whether there are "types" of...
Persistent link: https://www.econbiz.de/10005822657
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Do the Reciprocal Trust Less?
Dohmen, Thomas; Altmann, Steffen; Wibral, Matthias - Institute for the Study of Labor (IZA) - 2007
We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects … trust significantly more than selfish ones. This finding raises questions about theories of social preferences which predict … that "fairer" players should trust less. …
Persistent link: https://www.econbiz.de/10005822399
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005765128
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Trust in cooperation or ability? – An experimental study on gender differences
Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003
We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005588002
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Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options
Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - Institute for the Study of Labor (IZA) - 2013
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010884149
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Norm Enforcement: Anger, Indignation or Reciprocity?
Carpenter, Jeffrey P.; Matthews, Peter Hans - Institute for the Study of Labor (IZA) - 2005
The enforcement of social norms often requires that unaffected third parties sanction offenders. Given the renewed interest of economists in norms, the literature on third party punishment is surprisingly thin, however. In this paper, we report on the results of an experiment designed to...
Persistent link: https://www.econbiz.de/10005822220
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The Price of Warm Glow
Lilley, Andrew; Slonim, Robert - Institute for the Study of Labor (IZA) - 2013
This paper presents a model and experimental evidence to explain the "volunteering puzzle" where agents prefer volunteering time to donating money when monetary donations are, ceteris paribus, more efficient for providing resources to charity. In the model agents receive heterogeneous utility...
Persistent link: https://www.econbiz.de/10010959559
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Using Cognitive Dissonance to Manipulate Social Preferences
Oxoby, Robert J.; Smith, Alexander - Institute for the Study of Labor (IZA) - 2014
We explore the role of cognitive dissonance in dictator and public goods games. Specifically, we motivate cognitive dissonance between one's perception of “fair treatment” and self-interested behaviour by having participants answer a question about fairness. Utilizing two manipulations...
Persistent link: https://www.econbiz.de/10010884167