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). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are …
Persistent link: https://www.econbiz.de/10005866876
the literature on social preferences in general and reciprocity in particular. -- Experimental design ; Context ; Trust …
Persistent link: https://www.econbiz.de/10008759487
Two separate bodies of work have examined whether culture affects cooperation in economic games and whether cooperative or non-cooperative decisions occur more quickly. Here, we connect this work by exploring the relationship between decision time and cooperation in American versus Indian...
Persistent link: https://www.econbiz.de/10012968930
What is the role of intuitive versus deliberative cognitive processing in human cooperation? The Social Heuristics Hypothesis (SHH) stipulates that (i) intuition favors behaviors that are typically advantageous (i.e. long-run payoff-maximizing), and that for most people cooperation is typically...
Persistent link: https://www.econbiz.de/10012870482
How can we maximize the common good? This is a central organizing question of public policy design, across political parties and ideologies. The answer typically involves the provisioning of public goods such as fresh air, national defense, and knowledge. Public goods are costly to produce but...
Persistent link: https://www.econbiz.de/10014037089
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010406346
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional...
Persistent link: https://www.econbiz.de/10010191920
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player's strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010350219
). In our experiment, only the trustee knows the size of the surplus. Subjects' expectations about each other's behavior are …
Persistent link: https://www.econbiz.de/10005845178
Many economic interactions rely on trust, which is sometimes violated. The fallout from business fraud and other … malfeasance shows serious economic consequences of trust violations. Simple rules mandating minimum standards are attractive … because they prevent the most egregious trust violations. However, such rules may undermine more trusting and reciprocal …
Persistent link: https://www.econbiz.de/10012975782