Showing 1 - 10 of 323
Vendettas occur in many real world settings where rivals compete for a prize, e.g., winning an election or a competitive promotion, by engaging in retaliatory aggressive behavior. We present a benchmark experiment where two players have an initial probability of winning a prize. Retaliatory...
Persistent link: https://www.econbiz.de/10010781899
Vendettas occur in many real world settings where rivals compete for a prize, e.g., winning an election or a competitive promotion, by engaging in retaliatory aggressive behavior. We present a benchmark experiment where two players have an initial probability of winning a prize. Retaliatory...
Persistent link: https://www.econbiz.de/10008592422
This paper analyzes the relations between social capital, institutions and trust.These concepts are full of ambiguity … and confusion.This paper attempts to dissolve some of the confusion, by distinguishing trust and control, and analyzing … institutional and relational conditions of trust.It presents a tool for the analysis of the foundations of trust and a diagnosis of …
Persistent link: https://www.econbiz.de/10011092754
dictator game, the ultimatum game and the trust game. All subjects in a session earn the same participation fee, but their … split of the waiting time. In the trust game, there is substantial trust and reciprocity. Overall, social preferences are … evident in time allocation decisions. Received laboratory results from dictator, ultimatum, and trust games are robust to the …
Persistent link: https://www.econbiz.de/10011090374
Experimental dictator games have been used to explore unselfish behaviour. Evidence is presented here, however, that subjects’ generosity can be reversed by allowing them to take money from a partner. Dictator game giving therefore does not stem from orthodox social preferences. It can be...
Persistent link: https://www.econbiz.de/10010601962
Experimental dictator games have been used to explore unselfish behaviour. Evidence is presented here, however, that subjects’ generosity can be reversed by allowing them to take money from a partner. Dictator game giving therefore does not stem from orthodox social preferences. It can be...
Persistent link: https://www.econbiz.de/10005453726
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically and explore empirical relevance experimentally. In a 2?2 design of one-shot public good games we show that frames affect subject’s...
Persistent link: https://www.econbiz.de/10010545652
We compare the strategy method and the direct response method in public good experiments in a within-subject design. This comparison is interesting because the strategy method is frequently used to investigate preference heterogeneity. We find that people identified by the strategy method as...
Persistent link: https://www.econbiz.de/10010552243
We provide a direct test of the role of social preferences in voluntary cooperation. We elicit individuals’ cooperation preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a novel test as to whether there are "types" of...
Persistent link: https://www.econbiz.de/10010552253
The processes by which culture influences economic variables need to be exposed in order for the concept to be a useful tool for prediction and policy formulation. We investigate the attitudes and experimental behaviour of Malaysian and UK subjects to shed light on the nature of culture and the...
Persistent link: https://www.econbiz.de/10010552273