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One Step at a Time: Does Gradualism Build Coordination?
Ye, Maoliang; Zheng, Jie; Nikolov, Plamen; Asher, Samuel - 2019
-based learning model, we conduct a multi-period, binary-choice, and weakest-link laboratory coordination experiment to study the … evidence that supports the belief-based learning model. These findings point to a simple mechanism for promoting successful …
Persistent link: https://www.econbiz.de/10012141145
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Estimating Social Preferences Using Stated Satisfaction: Novel Support for Inequity Aversion
Diaz, Lina; Houser, Daniel; Ifcher, John; Zarghamee, Homa - 2021
In this paper, we use stated satisfaction to estimate social preferences: subjects report their satisfaction with payment-profiles that hold their own payment constant while varying another subject's payment. This approach yields significant support for the inequity aversion model of Fehr and...
Persistent link: https://www.econbiz.de/10012597493