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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
Results are reported of the first natural field experiment on the dictator game, where subjects are unaware that they participate in an experiment. In contrast to predictions of the standard economic model, dictators show a large degree of pro-social behavior. This paper builds a bridge from the...
Persistent link: https://www.econbiz.de/10009652044
We study if and how social preferences extend to risky environments. By providing experimental evidence on different versions of “dictator games” with risky outcomes, we establish that social preferences of players who give in standard dictator games cannot be described solely by concerns...
Persistent link: https://www.econbiz.de/10010627309
This paper investigates experimentally how organisational decision processes affect the moral motivations of actors inside a firm that must forego profits to reduce harming a third party. In a "vertical" treatment, one insider unilaterally sets the harm-reduction strategy; the other can only...
Persistent link: https://www.econbiz.de/10010547180
Evidence from an experiment investigating the “house money effect” in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The...
Persistent link: https://www.econbiz.de/10010553336
This paper provides novel results for the extensive literature on dictator games: recipients do not expect dictators to behave selfishly, but instead expect the equal split division. The predictions made by dictators are notably different: 45% predicted the zero contribution and 40% the equal...
Persistent link: https://www.econbiz.de/10010558831
Traditionally, giving in dictator games was assumed to signal preferences over others' payoffs. To date, several studies find that dictator game giving breaks down under conditions designed to increase dictators' anonymity or if an option to take money obscures the purpose of the task. Giving is...
Persistent link: https://www.econbiz.de/10010559026
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a largescale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, oneshot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10010571478
Experimental evidence from dictator games and simple choice situations indicates concerns for fairness and social welfare in human decision making. At the same time, models of inequality averse agents fail to explain the experimental data of individuals who reduce their payoff below a fair split...
Persistent link: https://www.econbiz.de/10010573083
The dictator and trust games are two common games used to identify the existence of social preferences. However, in … dictator game and as a trustee in a trust game simultaneously. The results indicate that when the recipient in the dictator … make transfers as a dictator may completely crowd-out any monetary returns to trust. …
Persistent link: https://www.econbiz.de/10010573922