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Trust and Reciprocity
Charness, Gary; Shmidov, Valentin - In: Foundations and Trends(R) in Microeconomics 10 (2014) 3, pp. 167-207
of theory and experiments that have identified trust and reciprocity in economics and human behavior. …This survey explores the contributions of behavioral economics, laboratory experiments, and field experiments to our … trust and reciprocity, departing from pure self-interest in the understanding of "homo economicus", begins the discussion …
Persistent link: https://www.econbiz.de/10010960086
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Deception: The role of guilt
Battigalli, Pierpaolo; Charness, Gary; Dufwenberg, Martin - In: Journal of Economic Behavior & Organization 93 (2013) C, pp. 227-232
Evidence suggests that whether or not people dislike lying is situation-dependent. We argue that the theory of simple guilt can accommodate this well.
Persistent link: https://www.econbiz.de/10010702934
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Reputation and honesty in a market for information
Charness, Gary; Garoupa, Nuno - Department of Economics and Business, Universitat … - 1998
Previous works on asymmetric information in asset markets tend to focus on the potential gains in the asset market itself. We focus on the market for information and conduct an experimental study to explore, in a game of finite but uncertain duration, whether reputation can be an effective...
Persistent link: https://www.econbiz.de/10005772009
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Self-Confidence and Strategic Deterrence
Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - Tinbergen Instituut - 2011
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10011255502
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Self-Confidence and Strategic Behavior
Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - CESifo - 2013
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic concerns, and find compelling evidence supporting this hypothesis in the behavior of participants who send and respond to others’ statements of confidence about how well they have...
Persistent link: https://www.econbiz.de/10010877986
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Do Co-Workers’ Wages Matter? Theory and Evidence on Wage Secrecy, Wage Compression and Effort
Charness, Gary; Kuhn, Peter - Institute for the Study of Labor (IZA) - 2004
matters). Our laboratory experiments indicate that workers’ effort choices are highly sensitive to their own wages, but …
Persistent link: https://www.econbiz.de/10005566513
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Give and take in dictator games
Cappelen, Alexander W.; Nielsen, Ulrik H.; Sørensen, … - In: Economics Letters 118 (2013) 2, pp. 280-283
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10011041625
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Let's Talk: How Communication Affects Contract Design
Brandts, Jordi; Charness, Gary; Ellman, Matthew - CESifo - 2012
We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...
Persistent link: https://www.econbiz.de/10010558687
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Cooperation, Competition, and Risk Attitudes: An Intergenerational Field and Laboratory Experiment
Charness, Gary; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2007
behavior of juniors (under 30) and seniors (over 50) in both experiments conducted onsite with the employees of two large firms … external validity of conventional laboratory experiments. In general we do not find strong differences in behavior between … workers and non-workers, indicating that laboratory experiments may not be such a bad approximation for the field environment. …
Persistent link: https://www.econbiz.de/10005762257
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Valuing Protection against Low Probability, High Loss Risks: Experimental Evidence
Morone, Andrea; Ozdemir, Ozlem - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006
The study investigates protective responses in low probability and high loss risk situations. Particularly, it (1) detects individual protection valuations to variations in probability versus to variations in loss for payment decisions and choice decisions, (2) elicits the threshold probability...
Persistent link: https://www.econbiz.de/10005765184