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Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank …
Persistent link: https://www.econbiz.de/10012011103
; coordination ; experiment … benefit from coordination (or centralization) of search activities. We test the conjecture that agents gain from coordination … with a between-subject design in two treatments. In the experiments we find no gains from coordination. Instead, we find …
Persistent link: https://www.econbiz.de/10003887190
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
The present paper fully characterizes equilibria of a generalized Volunteer's Dilemma game, which is an integration of the volunteer's dilemma game and the step-level public goods game with binary decision. We also examined the explanatory power of a widely accepted model with bounded...
Persistent link: https://www.econbiz.de/10013028952
experiment exploring how these findings transfer to a non-cooperative setting. We find two major results: (i) promoting intuition …
Persistent link: https://www.econbiz.de/10013028985
Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...
Persistent link: https://www.econbiz.de/10013088226
Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...
Persistent link: https://www.econbiz.de/10009689352
We review two fundamentally different ways that decision time is related to cooperation. First, studies have experimentally manipulated decision time to understand how cooperation is related to the use of intuition versus deliberation. Current evidence supports the claim that time pressure (and,...
Persistent link: https://www.econbiz.de/10014113978
We report on an experiment that tests for the effects of democratic versus hierarchical rules for joint decision making …
Persistent link: https://www.econbiz.de/10013019236