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Is Satisficing Absorbable? - An Experimental Study

Güth, Werner; Levati, M. Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

We experimentally investigate whether the satisficing approach is absorbable, i.e., whether it still applies after participants become aware of it. In a setting where an investor decides between a riskless bond and either one or two risky assets, we familiarize participants with the satisficing...

Persistent link: https://www.econbiz.de/10005824112

On the social dimension of time and risk preferences: An experimental study

Levati, M. Vittoria; Güth, Werner; Ploner, Matteo - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

We report on an experiment designed to explore the interrelation of other-regarding concerns with attitudes towards …

Persistent link: https://www.econbiz.de/10005765156

Reasoning and Institutions: Do Markets Facilitate Logical Reasoning in the Wason Selection Task?

Güth, Werner; Levati, M. Vittoria; Sausgruber, Rupert - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft

population size of each region. The experiment shows that centralization induces lower tax morale and less efficient outcomes …

Persistent link: https://www.econbiz.de/10005765183

Friedman, Harsanyi, Rawls, Boulding - Or Somebody Else? An Experimental Investigation of Distributive Justice

Traub, Stefan; Seidl, Christian; Schmidt, Ulrich; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft

This paper investigates distributive justice using a fourfold experimental design: The ignorance and the risk scenarios are combined with the self-concern and the umpire modes. We study behavioral switches between self-concern and umpire mode and investigate the goodness of ten standards of...

Persistent link: https://www.econbiz.de/10005765215

The Blues Goes On But When Does It Stop? Public Goods Experiments with Non-Definite and Non-Commonly Known Time Horizons

Gonzalez, Luis G.; Gueth, Werner; Levati, M. Vittoria - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

A robust finding of repeated public goods experiments is that high initial contribution rates sharply decline towards … the end. This paper reports on an exploratory experiment designed to discover whether such a decline is simply triggered … experiment compares punctual to interval information about the number of repetitions, whereby interval information can be …

Persistent link: https://www.econbiz.de/10005252208

Does anticipated aid create the need it wants to avoid? An experimental investigation

Buitrago, Gelkha; Güth, Werner; Levati, M. Vittoria - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

A novel two-person "charity game" is used to experimentally investigate whether anticipation of help crowds out incentives to work, and therefore impulses to help. We distinguish two treatments differing in whether the causes of neediness are verifiable or not. Helping behavior does not vary...

Persistent link: https://www.econbiz.de/10005765202

Social identity and trust - An experimental investigation

Güth, Werner; Levati, M. Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2007

We experimentally examine how group identity affects trust behavior in an investment game. In one treatment, group identity is induced purely by minimal groups. In other treatments, group members are additionally related by outcome interdependence established in a prior public goods game. Moving...

Persistent link: https://www.econbiz.de/10005765125