Showing 1 - 10 of 16
We experimentally investigate a finitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner's contribution. At the beginning...
Persistent link: https://www.econbiz.de/10010294404
We present a theoretical model of a linear public good game in which heterogeneous players express social approval after observing contributions. The model explains how social approval is expressed and predicts positive contributions if subjects have a preference for social approval. Using a...
Persistent link: https://www.econbiz.de/10010286406
In real world bargaining the distribution of seats or voting weights often does not accurately reflect real power. Game-theory predictions are insensitive to nominal differences. We refer to the converse idea that nominal differences matter as power illusion. We experimentally study the...
Persistent link: https://www.econbiz.de/10011712668
We study loyalty in groups that are exogenously assigned based on members' performances in a task. We observe that in-group bias is strong and significant among subjects who score high in performance, and that it is weak and insignificant among those who score low. This asymmetric pattern is...
Persistent link: https://www.econbiz.de/10011712737
In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power. Maaser, Paetzel and Traub (Games and Economic Behavior, 2019) conducted an experiment to investigate the effect of such nominal power differences in the classic Baron-Ferejohn...
Persistent link: https://www.econbiz.de/10013200168
Competitive rewards are often assigned on a regular basis, e.g., in annual salary negotiations or employee-of-the-month schemes. The repetition of competitions can imply that opponents are matched based on earlier outcomes. Using a real-effort experiment, we examine how cheating and effort...
Persistent link: https://www.econbiz.de/10013266709
Online interactions are frequently governed by reputation systems that allow users to evaluate each other after an interaction. Effective reputation systems can increase trust and may improve efficiency in market settings. In recent years, however, fake reviews have become increasingly...
Persistent link: https://www.econbiz.de/10012623161
Pay What You Want (PWYW) pricing has received considerable attention recently. Empirical studies show that if PWYW pricing is implemented, in a number of cases consumers do not behave selfishly and that some producers are able to use PWYW for increasing turnover and profits respectively. In this...
Persistent link: https://www.econbiz.de/10010294360
This paper develops a method to integrate affective reponses into game theoretical models. We illustrate our method in a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem of team production under complete and incomplete...
Persistent link: https://www.econbiz.de/10011335497
A variety of different social contexts have been used when measuring distributional preferences. This could be problematic as different degrees of social interdependence may affect people's distributional preferences, and this contextual variance may inadvertently muddle the measurement process...
Persistent link: https://www.econbiz.de/10011439284