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Many papers have reported behavioral biases in belief formation that come on top of standard game-theoretic reasoning. We show that the processes involved depend on the way participants reason about their beliefs. When they think about what everybody else or another "unspeci fied" individual is...
Persistent link: https://www.econbiz.de/10012308290
The present book adds to the broad field of investigations concerning what affects and determines human cooperation. It …
Persistent link: https://www.econbiz.de/10012260480
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This paper tests the hypothesis that a (partial) reason why cartels - collective but costly and non-binding price agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are willing to form price agreements are more likely to be less...
Persistent link: https://www.econbiz.de/10012547790
A number of studies discuss whether and how economists differ from other disciplines in the amount that they contribute to public goods. We view this debate as incomplete because it neglects the willingness to sanction non-cooperative behavior, which is crucial for maintaining social order and...
Persistent link: https://www.econbiz.de/10011905088
Experimental social scientists working at research-intensive institutions deal inevitably with subjects who have most likely participated in previous experiments. It is an important methodological question to know whether participants that have acquired a high level of lab-sophistication show...
Persistent link: https://www.econbiz.de/10012507341
It is now well documented that individuals tend to change their behavior when their actions are observed by others. Yet there is no systematic way of measuring this dimension of preferences at the individual level. In this paper, we propose a novel experimental game to measure individual...
Persistent link: https://www.econbiz.de/10012950081
Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper …, we conduct a novel time-pressure experiment to shed light on the cognitive underpinnings of cooperation. Although we find … finding that fast and intuitive decision making promotes cooperation. Given payoff comprehension, the SHH predicts behavior …
Persistent link: https://www.econbiz.de/10011458007
post announcement mechanism does not have a significant effect on the cooperation rate. However, the nudge leads to a … striking increase in the cooperation rate. We provide suggestive evidence that the nudge we use provides subjects with a focal …
Persistent link: https://www.econbiz.de/10011982104