Showing 1 - 10 of 102
We specify and estimate an econometric model which separately identifies distributional preferences and the effects of perceived intentions on responder behavior in the ultimatum game. We allow the effects of perceived intentions to depend, among other things, on the subjective probabilities...
Persistent link: https://www.econbiz.de/10011091035
Abstract: We report results from three well-known experimental paradigms, where we use time, rather than money, as the salient component of subjects’ incentives. The three experiments, commonly employed to study social preferences, are the dictator game, the ultimatum game and the trust game....
Persistent link: https://www.econbiz.de/10011090374
Abstract: Using a dataset for a demographically representative sample of the Dutch population, containing a revealed preference risk attitude measure, as well as very detailed information about participants’ religious background, we study three issues raised in previous literature. First, we...
Persistent link: https://www.econbiz.de/10011090796
We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a large demographically representative sample, as well as in a sample of undergraduate students. Participants make pairwise choices between lotteries of the form proposed by...
Persistent link: https://www.econbiz.de/10011091811
We combine the choice data of proposers and responders in the ultimatum game, their expectations elicited in the form of subjective probability questions, and the choice data of proposers ("dictator") in a dictator game to estimate a structural model of decision making under uncertainty.We use a...
Persistent link: https://www.econbiz.de/10011092479
Abstract: This paper examines whether the degree of confi dence and overconfi dence in one's ability is determined biologically. In particular, we study whether foetal testosterone exposure correlates with an incentive-compatible measure of con fidence within an experimental setting. We fi nd...
Persistent link: https://www.econbiz.de/10011092849
Abstract: We implement a trust game in which the trustee can write a free-form pre-play message for the trustor. The main twist in our design is that there is a 50% probability that the message is delivered to the trustor and a 50% probability that the message is replaced by an empty sheet. We...
Persistent link: https://www.econbiz.de/10011090962
We study social preferences in a three-person ultimatum game experiment with one proposer and two responders.Any responder can unilaterally punish the proposer.In three treatments, we vary the pecuniary consequences of rejection in such a way that upon rejection of one responder the other...
Persistent link: https://www.econbiz.de/10011092722
We investigate the determinants of the support for cannabis legalizationfinding a causal effect of personal experience with cannabis use. Current and past cannabis users are more in favor of legalization. We relate this to self-interest and inside information about potential dangers of cannabis...
Persistent link: https://www.econbiz.de/10011090537
single small crime can be low, such crimes generate substantial losses in the aggregate. In this paper we measure perceptions … of incorrect behavior or ‘small crime’, based on a questionnaire administered to a large representative sample from the … crimes. We present short questions that only state the nature of the small crime, as well as vignette questions, describing …
Persistent link: https://www.econbiz.de/10011091268