Showing 1 - 10 of 24
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818526
hypotheses and test them using an experiment on a sample of 200 French University students. The findings suggest that societal …
Persistent link: https://www.econbiz.de/10009418534
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...
Persistent link: https://www.econbiz.de/10008876967
Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …
Persistent link: https://www.econbiz.de/10010729196
-choice experiment inspired by Holt and Laury (2002). The experiment presents subjects with a menu of unordered lottery choices which … allows us to measure risk aversion. In the individual treatment, subjects make lottery choices individually ; in the group …
Persistent link: https://www.econbiz.de/10010750628
We study risk taking on behalf of others, both with and without potential losses. A large-scale incentivized experiment … others are more risky. Using structural estimation, we show that this increase in risk stems from a decrease in loss aversion …
Persistent link: https://www.econbiz.de/10010818406
The objective of this article is to investigate the impact of agent heterogeneity (as regards their attitude towards cooperation) and payoff structure on cooperative behaviour, using an experimental setting with incomplete information. A game of chicken is played considering two types of agents:...
Persistent link: https://www.econbiz.de/10011025719
market context where the length of the employment relationship is endogenous. In our three-stage gift-exchange experiment …
Persistent link: https://www.econbiz.de/10009422032
Global environmental phenomena like climate change, major extinction events or flutype pandemics can have catastrophic consequences. By properly assessing the outcomes involved - especially those concerning human life - economic theory of choice under uncertainty is expected to help people take...
Persistent link: https://www.econbiz.de/10009645480
environment and reports on an experiment based on a non-cooperative game in which the choice of the bargaining agenda is …
Persistent link: https://www.econbiz.de/10009647578