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participants more pessimistic. However conditional on their beliefs participants are more, not less cooperative if cooperation …
Persistent link: https://www.econbiz.de/10010286690
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10010281679
desire to affect beliefs often prioritized over distributive and retributive preferences? We test whether punishers derive … transgressor’s suffering), and cognitive states (the transgressor's beliefs about the cause of that suffering). In a novel …, preregistered experiment (N = 1,959) we demonstrate that consideration for transgressors' beliefs affects punishment decisions on …
Persistent link: https://www.econbiz.de/10012166019
We report experimental and theoretical results on the minority of three-game where three players have to choose one of two alternatives independently and the most rewarding alternative is the one chosen by a single player. This coordination game has many asymmetric equilibria in pure strategies...
Persistent link: https://www.econbiz.de/10010281623
the Pareto-dominated equilibrium. Nevertheless, at the individual level, players' beliefs and choices tend to react to …
Persistent link: https://www.econbiz.de/10010418867
Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a repeated minimum effort coordination game. While most groups first experience inefficient coordination, the efficiency increases substantially after introducing an ex post...
Persistent link: https://www.econbiz.de/10010291833
Evidence from an experiment investigating the house money effect in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The effect...
Persistent link: https://www.econbiz.de/10010323869
understand what to expect from the inclusion of personality variables in their models and experiments, and where further research …
Persistent link: https://www.econbiz.de/10010326411
-monetary, and whether they involve utility gains or losses. In two experiments, generosity is higher in nonmonetary contexts. Thus …
Persistent link: https://www.econbiz.de/10010316844
Evidence from an experiment investigating the "house money effect" in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The...
Persistent link: https://www.econbiz.de/10009569530