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We examine the degree of trust and trustworthiness in an experimental trust game with 662 participants from six different age groups, ranging from 8-year-olds to retired persons. Although both trust and trustworthiness have been identified as fundamental pillars for efficient economic...
Persistent link: https://www.econbiz.de/10005785102
estimate the model. The estimated social pressure cost of saying no to a solicitor is $3.80 for an in-state charity and $1 ….40 for an out-of-state charity. Our welfare calculations suggest that our door-to-door fund-raising campaigns on average …
Persistent link: https://www.econbiz.de/10010580369
This paper reports a surprising finding from an experiment on giving to welfare recipients. The experiment tests how offers of money in n-donor dictator games are affected by 1) donors? humanitarian and egalitarian values and 2) direct information about the recipients?work-preferences. People...
Persistent link: https://www.econbiz.de/10005785135
This paper reports a surprising finding from an experiment on giving to welfare recipients. The experiment tests how offers of money in n-donor dictator games are affected by 1) donors' humanitarian and egalitarian values and 2) direct information about the recipients' work-preferences. People...
Persistent link: https://www.econbiz.de/10005685508
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...
Persistent link: https://www.econbiz.de/10005432540
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...
Persistent link: https://www.econbiz.de/10005432546
Recent policy initiatives offer cash payments to children (and often their families) to induce better health and educational choices. These policies implicitly assume that children are especially impatient (i.e., have high discount rates); however, little is known about the nature of children's...
Persistent link: https://www.econbiz.de/10005785099
Economic analyses of asymmetric information typically start with the assumption that individuals know more about their own characteristics than outside observers. This assumption implies that individuals can accurately assess their own competence in a given domain. However, individuals can only...
Persistent link: https://www.econbiz.de/10005685504
This study reports data from a field experiment that was conducted to investigate the relevance of gift-exchange for charitable giving. Roughly 10,000 solicitation letters were sent to potential donors in the experiment. One third of the letters contained no gift, one third contained a small...
Persistent link: https://www.econbiz.de/10005685521
In November 2001, 5,558 readers of the German weekly Die Zeit participated in a three-person ultimatum experiment involving a proposer X, a responder Y, and a dummy Z (Guth and van Damme, 1998). A proposal is a vector (x,y,z) with x + y + z = DM 1,200, and x in {0, 200, 400, 600, 800, 1000}, and...
Persistent link: https://www.econbiz.de/10005490032