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Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
This paper reports the results of a cross-country comparison between Austria andJapan for an experimental 3-personcoalition formation ultimatum game. The experimental design allows thecomparison with respect to three decisions. (i)The coalition decision, (ii) proposers' demand behavior in 2- and...
Persistent link: https://www.econbiz.de/10011301151
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Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10003871980
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Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10003879338
This paper investigates experimentally the impact of reciprocal fairness considerations in multilateral bargaining and coalition formation. The consequences for effciency and the distribution of wealth are analyzed. The results show that reciprocal fairness indeed deeply affects the effciency...
Persistent link: https://www.econbiz.de/10014123593