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Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in four countries (Brazil, Switzerland, the United Arab Emirates and the United States) confronted either a binary-choice trust game or a risky decision...
Persistent link: https://www.econbiz.de/10005553709
Norms of reciprocity contribute to the enforcement of cooperative agreements in bilateral sequential exchange. This paper examines the norms that apply in a reciprocal-exchange economy and what effect on trust, trustworthiness and efficiency they have. In our one-shot investment game experiments...
Persistent link: https://www.econbiz.de/10005553739
Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in six countries (Brazil, China, Oman, Switzerland, Turkey, and the United States) confronted a binary-choice trust game or a risky decision offering the...
Persistent link: https://www.econbiz.de/10005150920
Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in six countries (Brazil, China, Oman, Switzerland, Turkey, and the United States) confronted a binary-choice trust game or a risky decision offering the...
Persistent link: https://www.econbiz.de/10005237844
"Norms of reciprocity help enforce cooperative agreements in bilateral sequential exchange. We examine the norms that apply in a reciprocal-exchange economy. In our one-shot investment game in a Nairobi slum, people adhered to the norm of "balanced reciprocity," which obligates quid-pro-quo...
Persistent link: https://www.econbiz.de/10005295332
Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in six countries (Brazil, China, Oman, Switzerland, Turkey, and the United States) confronted a binary-choice trust game or a risky decision offering the...
Persistent link: https://www.econbiz.de/10010652417
Persistent link: https://www.econbiz.de/10005516227
Objective Guide policy-makers in prioritizing safe motherhood interventions.Methods Three models (LOW, MED, HIGH) were constructed based on 34 sub-Saharan African countries to assess the relative cost-effectiveness of available safe motherhood interventions. Cost and effectiveness data were...
Persistent link: https://www.econbiz.de/10008483582
This paper employs economic experiments to explore the social costs of claiming value in distributive negotiations. I use a reverse dictator game, a "Taking" game, to measure value claiming behavior and an Investment game to measure the social costs of claiming value in terms of trust offered by...
Persistent link: https://www.econbiz.de/10008860832
The price system is generally thought to be the epitome of efficiency. In some cases, however, lotteries are preferred to the market as a social decision-making system for reasons of fairness. As recent research has shown, neither procedure is always well accepted among the general population....
Persistent link: https://www.econbiz.de/10005542526