Showing 1 - 10 of 149
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10010532580
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model with recognition probabilities and costless delay. Mixed consistent subgame perfect equilibria exist whenever the geometric mean of the agents' risk coefficients, ratios of...
Persistent link: https://www.econbiz.de/10011380046
Persistent link: https://www.econbiz.de/10003973318
This paper studies intertemporal social preferences. We introduce intertemporal dictator and ultimatum games where players decide on the timing of monetary payoffs. The setting is twodimensional rather than one-dimensional, in the sense that inequalities can arise in the time as well as in the...
Persistent link: https://www.econbiz.de/10013162492
We examine whether social preferences are determined by hormones. We do this by investigating whether markers for the strength of prenatal testosterone exposure (finger length ratios) and current exposure to progesterone and oxytocin (the menstrual cycle) are correlated with choices in social...
Persistent link: https://www.econbiz.de/10011385989
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10011928322
The Netherlands has a unique tradition in which all major Dutch political parties provide CPB Netherlands Bureau for Economic Policy Analysis with highly detailed proposals for the tax-benefit system in every national election. This information allows us to quantitatively measure the...
Persistent link: https://www.econbiz.de/10011456742
Organizations must not only take the right decisions, they must also ensure that these decisions are effectively implemented. Fama and Jensen (1983) argue that the same members of many organization are often responsible for both decision initiation and implementation. If these have social...
Persistent link: https://www.econbiz.de/10011333082
I analyze Dutch panel data that contains rich information on voting, political opinions, and personality traits. I show that "adversarial" preferences - competitiveness, negative reciprocity, distrust, and selfishness - are strong predictors of right-wing and populist political preferences....
Persistent link: https://www.econbiz.de/10014450636
I analyze Dutch survey data that contains rich information on political preferences, personality traits, and socioeconomic background. I show that voting and political opinions are better predicted by personality and economic preferences than by a rich set of socioeconomic characteristics....
Persistent link: https://www.econbiz.de/10015404326