Showing 1 - 10 of 369
In this Paper we show that a simple model of fairness preferences explains major experimental regularities of common … pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10005123667
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The game-theoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10005792485
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. The latter is an indicator of stress-related impaired cardiac autonomic … particular cardiovascular health, and fairness of pay. …
Persistent link: https://www.econbiz.de/10009144731
This Paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can …-interest theory but is consistent with theories of fairness. …
Persistent link: https://www.econbiz.de/10005114195
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10005656392
's dilemma game without communication. In an experiment on a voluntary participation game with a non-excludable public good that …
Persistent link: https://www.econbiz.de/10008458106
's dilemma game without communication. In an experiment on a voluntary participation game with a non-excludable public good that …
Persistent link: https://www.econbiz.de/10005639202
This Paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10005791797
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
Persistent link: https://www.econbiz.de/10005486468