Showing 1 - 6 of 6
and the other on predicting the choices of the second mover. The competitions are based on an estimation experiment and a … competition experiment. The two experiments use the same methods and subject pool, and examine games randomly selected from the … same distribution. The current introductory paper presents the results of the estimation experiment, and clarifies the …
Persistent link: https://www.econbiz.de/10009752422
This paper investigates how the introduction of social preferences affects players’ equilibrium behavior in both the one-shot and the infinitely repeated version of the Prisoner’s Dilemma game. We show that fairness concerns operate as a ”substitute” for time discounting in the...
Persistent link: https://www.econbiz.de/10009752853
We study behavior in a moonlighting game with unequal initial endowments. In this game, predictions for second-mover behavior based on inequality aversion are in contrast to reciprocity. We find that inequality aversion explains only few observations. The comparison to a treatment with equal...
Persistent link: https://www.econbiz.de/10009752450
meet a performance quota in a real effort task to earn their endowments. We report experiment treatments with sequential … trust games, which is an idiosyncratic prediction of revealed altruism theory [2]. Demonstrable differences and similarities …
Persistent link: https://www.econbiz.de/10009752448
This study investigates the relationship between an actor’s beliefs about others’ other-regarding (social) preferences and her own other-regarding preferences, using an “avant-garde” hierarchical Bayesian method. We estimate two distributional other-regarding preference parameters, α...
Persistent link: https://www.econbiz.de/10009753708
many applied situations where altruism, or a baser motive, is implied. …
Persistent link: https://www.econbiz.de/10009752856