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Profit-seeking punishment corrupts norm obedience

Xiao, Erte - In: Games and Economic Behavior 77 (2013) 1, pp. 321-344

Punishment typically involves depriving violators of resources they own such as money or labor. These resources can … become revenue for authorities and thus motivate profit-seeking punishment. In this paper, we design a novel experiment to … provide direct evidence on the role punishment plays in communicating norms. Importantly, this allows us to provide …

Persistent link: https://www.econbiz.de/10011049700

Legitimate punishment, feedback, and the enforcement of cooperation

Faillo, Marco; Grieco, Daniela; Zarri, Luca - In: Games and Economic Behavior 77 (2013) 1, pp. 271-283

In dealing with peer punishment as a cooperation enforcement device, laboratory studies have typically concentrated on … test for this ‘legitimate punishment’ institution and show that it yields substantial benefits to cooperation and … necessary to make a legitimate punishment scheme effective. …

Persistent link: https://www.econbiz.de/10011049898

Why do people rate? Theory and evidence on online ratings

Lafky, Jonathan - In: Games and Economic Behavior 87 (2014) C, pp. 554-570

The rapid growth of online retail in the last decade has led to widespread use of consumer-generated ratings. This paper theoretically and experimentally identifies influences that drive consumers to rate products and examines how those factors can create distortions in product ratings. By...

Persistent link: https://www.econbiz.de/10011049716

The broken chain: evidence against emotionally driven upstream indirect reciprocity

Schnedler, Wendelin - In: Games and Economic Behavior 136 (2022), pp. 542-558

Psychologists claim that being treated kindly puts individuals in a positive emotional state: they then treat an unrelated third party more kindly. Numerous experiments document that subjects indeed ‘pay forward’ specific behavior. For example, they are less generous after having experienced...

Persistent link: https://www.econbiz.de/10013446634

Strategies and evolution in the minority game: A multi-round strategy experiment

Linde, Jona; Sonnemans, Joep; Tuinstra, Jan - In: Games and Economic Behavior 86 (2014) C, pp. 77-95

Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...

Persistent link: https://www.econbiz.de/10010785198

Shaping beliefs in experimental markets for expert services: Guilt aversion and the impact of promises and money-burning options

Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - In: Games and Economic Behavior 81 (2013) C, pp. 145-164

In a credence goods game with an expert and a consumer, we study experimentally the impact of two devices that are predicted to induce consumer-friendly behavior if the expert has a propensity to feel guilty when he believes that he violates the consumerʼs payoff expectations: (i) an...

Persistent link: https://www.econbiz.de/10011049695

Identities, selection, and contributions in a public-goods game

Charness, Gary; Cobo-Reyes, Ramón; Jiménez, Natalia - In: Games and Economic Behavior 87 (2014) C, pp. 322-338

The notions of one's social identity and group membership have recently become topics for economic theory and experiments, and recent research has shown the importance of identity in a wide array of economic environments. But predictions are unclear when there is some trade-off between one's...

Persistent link: https://www.econbiz.de/10011049776

Incentives and group identity

Masella, Paolo; Meier, Stephan; Zahn, Philipp - In: Games and Economic Behavior 86 (2014) C, pp. 12-25

This paper investigates in a principal–agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...

Persistent link: https://www.econbiz.de/10011049787

Impulse balance in the newsvendor game

Ockenfels, Axel; Selten, Reinhard - In: Games and Economic Behavior 86 (2014) C, pp. 237-247

One striking behavioral phenomenon is the “pull-to-center” bias in the newsvendor game: facing stochastic demand, subjects tend to order quantities between the expected profit maximizing quantity and mean demand. We show that the impulse balance equilibrium, which is based on a simple...

Persistent link: https://www.econbiz.de/10011049800

Big experimenter is watching you! Anonymity and prosocial behavior in the laboratory

Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - In: Games and Economic Behavior 75 (2012) 1, pp. 17-34

Researchers have demonstrated that the presence of people with social preferences has important economic implications. However, the empirical basis of this research relies to a large extent on experiments that do not provide anonymity between experimenter and subject. It has been argued that...

Persistent link: https://www.econbiz.de/10010577246

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