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-off) and reciprocal fairness (receiving what one is due based on one’s past actions) using dictator, ultimatum, and trust games … participants’ behavior in the ultimatum and trust games. The self-interested and efficiency maximizers make the lowest offers in … trust game. Consistent with the goal of maximizing the sum of payoffs however, efficiency maximizers and compassionate …
Persistent link: https://www.econbiz.de/10010870874
the context of a mini-trust game. The result shows that, in the narrow bracketing treatment, the investor (first mover) is … more likely to place trust on others, but the receiver (second mover) is less likely to fulfill the trust under the same …
Persistent link: https://www.econbiz.de/10009518332
-subject anonymity may create selfish incentives to engage in seemingly other-regarding behavior. If this were the case these experiments …
Persistent link: https://www.econbiz.de/10009739140
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field experiments in using standardized, validated paradigms from the lab in targeting relevant populations in naturalistic settings. We begin by examining how the methodology has been...
Persistent link: https://www.econbiz.de/10014023427
We study how individuals adjust their judgment of fairness and unfairness when they are in the position of spectators before and after making real decisions, and how this adjustment depends on the actions they take in the game. We find that norms that appear universal instead take into account...
Persistent link: https://www.econbiz.de/10011077017
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...
Persistent link: https://www.econbiz.de/10009747799
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal—at least partly—from an assumed positive...
Persistent link: https://www.econbiz.de/10010402648
contributions game experiment. A common identity between the leader and her two followers is beneficial for cooperation: average …
Persistent link: https://www.econbiz.de/10010730001
This article refines the theory of economic agents’ motivations beyond the alternative between egoistic self-interest and a generic altruism. It addresses the potential weakness of ‘altruism’ theories that the number of ‘others’ claiming empathy and care is potentially infinite. It...
Persistent link: https://www.econbiz.de/10010577423
Does market participation promote generalized morality and trust, as postulated by some recent theories? We use … contrary. The short-term effect of market integration appears to be to lower generalized trust. However, this finding is not …
Persistent link: https://www.econbiz.de/10010580534