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Evolutionary theory reveals that punishment is effective in promoting cooperation and maintaining social norms …. Although it is accepted that emotions are connected to punishment decisions, there remains substantial debate over why humans … use costly punishment. Here we show experimentally that constraints on emotion expression can increase the use of costly …
Persistent link: https://www.econbiz.de/10014062738
In this article the author outlines some difficulties facing the cyber-shopper. These include the practical difficulties of enforcement and redress which arise when a cyber-shopper purchases a defective product from an overseas supplier, or when misleading information is placed on the internet...
Persistent link: https://www.econbiz.de/10012999359
within a particular range. We test the hypotheses in a lab experiment with a large number of subjects (N = 308), using a well …
Persistent link: https://www.econbiz.de/10011449223
economic theory, it has been hypothesized that people discount future reward value exponentially. In exponential discounting, a …
Persistent link: https://www.econbiz.de/10014180408
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
We study in an online, real-effort experiment how the bracketing of non-binding goals affects performance in a work …
Persistent link: https://www.econbiz.de/10011724493
monetary payoffs in an incentive-compatible experiment, but not between payoffs at two future points in time. Third, the survey …
Persistent link: https://www.econbiz.de/10012930667
This paper attempts to identify behavioral patterns and compare their average success considering several criteria of bounded rationality. Experimentally observed choice behavior in various decision tasks is used to assess heterogeneity in how individual participants respond to 15 randomly...
Persistent link: https://www.econbiz.de/10012945510
, decentralized punishment. We elicit punishment decisions both in isolation and after providing information about actual peers …' punishment. We find evidence that the amount of punishment that is chosen by third-parties is influenced by their beliefs about … the amount of their peers' punishment. Moreover, the larger the difference between third-parties' beliefs about the level …
Persistent link: https://www.econbiz.de/10014146183
. To this end, we conduct a repeated public goods experiment with and without punishment using samples from the laboratory … and the online platform Amazon Mechanical Turk. We chose to replicate this experiment because it is long and logistically … interactive experimentation. We find that basic behavioral patterns of cooperation and punishment in the laboratory are replicable …
Persistent link: https://www.econbiz.de/10011607542