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In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the proposer can choose between two possible offers. Option...
Persistent link: https://www.econbiz.de/10009371183
emphasizing variables derived from formal decision theory. In a data set on trainee truckers in a large US company, we provide a … comparing the predictive power of measurements derived from personality theory and decision theory for several individual …. Further, decision theory and personality variables are meaningfully related. For example, we confirm that cognitive ability …
Persistent link: https://www.econbiz.de/10010742085
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
It has been shown that psychological predispositions to benefit others can motivate human cooperation and the evolution … cooperation can evolve as a costly signal of an unobservable quality that makes a person more attractive with regard to other …
Persistent link: https://www.econbiz.de/10011103269
renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10005762141
Switzerland and that entering messengers must work in performance pay firms in the U.S. We find that the erosion of cooperation …
Persistent link: https://www.econbiz.de/10005703260
& Grossman, 1998, 2001 or Andreoni and Vesterlund 2001, among others) have shown the relevance of gender in altruism in both … cooperation than male students. …
Persistent link: https://www.econbiz.de/10011128028
This paper experimentally examines how religious festivals and the degree of religiosity affect cooperation and … religious festivals other than the normal daily prayers. The overall results show no differences in cooperation or altruistic … differences in beliefs about others contributions. By and large, this indicates the importance of conditional cooperation. …
Persistent link: https://www.econbiz.de/10009369116
cooperation (at the very least, to a secession of hostilities) when such groups are faced with the threat of potentially stronger …
Persistent link: https://www.econbiz.de/10005762252
and its impact on cooperation of its members are yet not well understood. We experimentally investigate community choice …
Persistent link: https://www.econbiz.de/10008550003