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In reciprocal interactions, both genuine kindness and self-interested material gain may motivate socially beneficial actions. The paper presents results from two experiments that distinguish the role of perceived motives in reciprocal decision making from the role of outcomes or perceived...
Persistent link: https://www.econbiz.de/10012954733
Markets for credence goods are classified by experts alone being able to identify consumers' problems and determine appropriate services for solution. Examining a market where experts have to invest in costly diagnosis to correctly identify problems and consumers being able to visit multiple...
Persistent link: https://www.econbiz.de/10011625427
Markets for expert services are characterized by information asymmetries between experts and consumers. We analyze the effects of consumer information, where consumers suffer from either a minor or serious problem and only experts can infer the appropriate treatment. Consumer information is a...
Persistent link: https://www.econbiz.de/10011496820
Markets for expert services are characterized by information asymmetries between experts and consumers. We analyze the effects of consumer information, where consumers suffer from either a minor or serious problem and only experts can infer the appropriate treatment. Consumer information is a...
Persistent link: https://www.econbiz.de/10012987854
The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of their present-bias (nai͏̈ve) procrastinate more than individuals who are aware of it (sophisticated) or are not present-biased (time-consistent). This paper tests this prediction....
Persistent link: https://www.econbiz.de/10011648423
television consumption. We test the hypothesis that the portrayal of arousing content combines high attraction and low …
Persistent link: https://www.econbiz.de/10014183555
People often conform to others either pro-socially or self-interestedly. By conducting modified dictator game experiments where subjects observe others’ behaviors, this study analyzes how observational learning influences subjects’ conforming/non-conforming and pro-social/self-interested...
Persistent link: https://www.econbiz.de/10014147057
television consumption. We test the hypothesis that the portrayal of arousing content combines high attraction and low …
Persistent link: https://www.econbiz.de/10013092888
findings of selected fairness models which include social preferences change when equity aversionʺ is integrated into the … tendency towards convergence (inequity aversion) and towards divergence (equity aversion) in the macro economy. On the … conclusions concerning economic policy in different areas. -- economic welfare ; inequity aversion ; fairness concepts …
Persistent link: https://www.econbiz.de/10003862968
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