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Equity versus efficiency? : evidence from three-person generosity experiments

Güth, Werner; Pull, Kerstin; Stadler, Manfred; Bäker, … - In: Games 1 (2010) 2, pp. 89-102

In two-person generosity games, the proposer’s agreement payoff is exogenously given, whereas that of the responder is endogenously determined by the proposer’s choice of the pie size. In three-person generosity games, equal agreement payoffs for two of the players are either exogenously...

Persistent link: https://www.econbiz.de/10009751380

A choice prediction competition for a social preferences in simple extensive form games : an introduction

Ert, Eyal; Erev, Ido; Roth, Alvin E. - In: Games 2 (2011) 3, pp. 257-276

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

Inequality aversion and reciprocity in moonlighting games

Engelmann, Dirk; Strobel, Martin - In: Games 1 (2010) 4, pp. 459-477

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

Patience or fairness? : analyzing social preferences in repeated games

Duffy, John; Muñoz-García, Félix - In: Games 3 (2012) 1, pp. 56-77

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

Responder feelings in a three-player three-option ultimatum game : affective determinants of rejection behavior

Pfister, Hans-Rüdiger; Böhn, Gisela - In: Games 3 (2012) 1, pp. 1-29

This paper addresses the role of affect and emotions in shaping the behavior of responders in the ultimatum game. A huge amount of research shows that players do not behave in an economically rational way in the ultimatum game, and emotional mechanisms have been proposed as a possible...

Persistent link: https://www.econbiz.de/10009752872

Tacit collusion under fairness and reciprocity

İriş, Doruk; Santos-Pinto, Luís - In: Games 4 (2013) 1, pp. 50-65

This paper departs from the standard profit-maximizing model of firm behavior by assuming that firms are motivated in part by personal animosity–or respect–towards their competitors. A reciprocal firm responds to unkind behavior of rivals with unkind actions (negative reciprocity), while at...

Persistent link: https://www.econbiz.de/10009753710

Modeling inequity aversion in a dictator game with production

Rodríguez-Lara, Ismael; Moreno-Garrido, Luis - In: Games 3 (2012) 4, pp. 138-149

We expand upon the previous models of inequity aversion of Fehr and Schmidt [1], and Frohlich et al. [2], which assume that dictators get disutility if the final allocation of surplus deviates from the equal split (egalitarian principle) or from the subjects' production (libertarian principle)....

Persistent link: https://www.econbiz.de/10009754116