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Departures from self-interest in economic experiments have recently inspired models of "social preferences". We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with increasing...
Persistent link: https://www.econbiz.de/10005556538
Departures from pure self interest in economic experiments have recently inspired models of "social preferences". We conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly than the array of games conventionally considered. Our...
Persistent link: https://www.econbiz.de/10005062663
It is traditional in experimental games to allow participants to choose only actions or possibly communicate intended play. In sequential two-person games, we require first movers to express a preference between responder choices. We find that responder behavior differs substantially according...
Persistent link: https://www.econbiz.de/10005119388
We study optimal contracts when employees are averse to inequity as modelled by Fehr and Schmidt (1999). A ''selfish'' employer can profitably exploit preferences for equity among his employees by offering contracts which create maximum inequity off-equilibrium and thus, leave employees feeling...
Persistent link: https://www.econbiz.de/10005561803
Tipping is an important phenomenon, both because of its economic magnitude and because of the insights it suggests about economic behavior in general. It is closely related to several areas in economics, including labor economics, industrial organization, social economics, behavioral economics,...
Persistent link: https://www.econbiz.de/10005118868
We explore whether natural human competitiveness can be exploited to stimulate charitable giving in a controlled laboratory experiment involving three different treatments of a sequential ``dictator game.'' Without disclosing the actual amounts given and kept, in each period players are publicly...
Persistent link: https://www.econbiz.de/10005062728
This paper reports an experimental test of individual preferences for giving. We use graphical representations of modified Dictator Games that vary the price of giving. This generates a very rich data set well- suited to studying behavior at the level of the individual subject. We test the data...
Persistent link: https://www.econbiz.de/10005118605
crime. What are the two things? First, there is either a threat or an offer. In the former case, it is, typically, to … Clinton to the beggar to the fund raiser for the local charity can attest. Yet when combined, the result is called blackmail … and it is widely seen as a crime. But that is just the puzzle. The mystery is that over a dozen attempts to account for …
Persistent link: https://www.econbiz.de/10005126030
is considered a crime. First, one may gossip, and, provided that what is said is true, there is nothing illegal about it … requests money in exchange for silence -- money in exchange for giving up the right of free speech -- it is a crime. The law … the law to threaten to gossip, unless paid off not to do so. In a word, blackmail is a victimless crime, and must be …
Persistent link: https://www.econbiz.de/10005412531
of society are centred around issues of altruism and selfishness. Experimental evidence indicates that human altruism is …
Persistent link: https://www.econbiz.de/10005408232