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Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
Numerous signaling models in economics assume image concerns. These take two forms, as relating either to social image or self-image. While empirical work has identified the behavioral importance of the former, little is known about the role of self-image concerns. We exogenously vary self-image...
Persistent link: https://www.econbiz.de/10011625349
Numerous signaling models in economics assume image concerns. These take two forms, as relating either to social image or self-image. While empirical work has identified the behavioral importance of the former, little is known about the role of self-image concerns. We exogenously vary self-image...
Persistent link: https://www.econbiz.de/10011645970
The distinct historical and cultural experiences of American blacks and whites may influence whether members of those groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game, where...
Persistent link: https://www.econbiz.de/10010278527
The distinct historical and cultural experiences of American blacks and whites may influence whether members of those groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game, where...
Persistent link: https://www.econbiz.de/10009233933
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
In less developed countries the state does not extends its legality homogenously. A share of the population suffers its absence or its illegal presence. In this article we argue that such irregular state intervention has more negative consequences that previously thought. Individuals who suffer...
Persistent link: https://www.econbiz.de/10012033462
Research on "trust" now forms a prominent part of the research agenda in history and the social sciences. Although this … research has generated useful insights, the idea of trust has been used so widely and loosely that it risks creating more … confusion than clarity. This essay argues that to the extent that scholars have a clear idea of what trust actually means, the …
Persistent link: https://www.econbiz.de/10011610585
Persistent link: https://www.econbiz.de/10010461164
Persistent link: https://www.econbiz.de/10011860598