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A number of studies discuss whether and how economists differ from other disciplines in the amount that they contribute to public goods. We view this debate as incomplete because it neglects the willingness to sanction non-cooperative behavior, which is crucial for maintaining social order and...
Persistent link: https://www.econbiz.de/10011905088
Solidarity in teamwork situations is important for the success and longevity of teams. This paper studies how helping group members is affected when groups are randomly merged and increase in size. Group mergers put social norms that are prevailing in previously small groups to the test as new...
Persistent link: https://www.econbiz.de/10012062358
The communication of participants to identify an acceptable bargaining outcome in the Nash bargaining game is all about fairness norms. Participants introduce fairness norms which yield a better outcome for themselves in order to convince the other participant of their bargaining proposal....
Persistent link: https://www.econbiz.de/10011709286
In this paper, we claim that agents confronting with new interactive situations apply behavioral heuristics that drastically reduce the problem complexity either by neglecting the other players’ incentives, or by restricting attention to subsets of “salient” outcomes. We postulate that...
Persistent link: https://www.econbiz.de/10010240816