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Verified Trust: Reciprocity, Altruism and Noise in Trust Games

Brülhart, Marius; Usunier, Jean-Claude - C.E.P.R. Discussion Papers - 2004

Behavioural economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is principally due to observed decisions in experimental...

Persistent link: https://www.econbiz.de/10005788946

The Role of Equality and Efficiency in Social Preferences

Fehr, Ernst; Naef, Michael; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 2005

Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...

Persistent link: https://www.econbiz.de/10005114463

Appropriating the Commons - A Theoretical Explanation

Falk, Armin; Fehr, Ernst; Fischbacher, Urs - C.E.P.R. Discussion Papers - 2001

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 sanctioning possibilities inefficient excess appropriation is...

Persistent link: https://www.econbiz.de/10005123667

Organizations, Diffused Pivotality and Immoral Outcomes

Falk, Armin; Szech, Nora - C.E.P.R. Discussion Papers - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10011084048

Preferences for Consistency

Falk, Armin; Zimmermann, Florian - C.E.P.R. Discussion Papers - 2011

principal-agent experiment that shows that consistency is valued by others and that this value is anticipated. The second … experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …

Persistent link: https://www.econbiz.de/10009293989

The Big Carrot: High Stake Incentives Revisited

Brañas-Garza, Pablo; García-Muñoz, Teresa; Neuman, … - C.E.P.R. Discussion Papers - 2008

This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven...

Persistent link: https://www.econbiz.de/10005661888

Decision-making Procedures: A General Theory and Its Field Experimental Test

Aldashev, Gani; Kirchsteiger, Georg; Sebald, Alexander - C.E.P.R. Discussion Papers - 2009

crucial for the effort exerted by agents. This prediction is tested in a field experiment, where some subjects had to type in …

Persistent link: https://www.econbiz.de/10005039581

Exploitation, Altruism, and Social Welfare: An Economic Exploration

Doepke, Matthias - C.E.P.R. Discussion Papers - 2013

Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...

Persistent link: https://www.econbiz.de/10011084615

Other-Regarding Preferences in General Equilibrium

Dufwenberg, Martin; Heidhues, Paul; Kirchsteiger, Georg; … - C.E.P.R. Discussion Papers - 2008

We study competitive market outcomes in economies where agents have other-regarding preferences. We identify a separability condition on monotone preferences that is necessary and sufficient for one's own demand to be independent of the allocations and characteristics of other agents in the...

Persistent link: https://www.econbiz.de/10005114265

Rational parasites

Benoit, Jean-Pierre; Galbiati, Roberto; Henry, Emeric - C.E.P.R. Discussion Papers - 2013

consistent with the theoretical results: in the experiment, investment levels with and without legal protection are comparable …Understanding the impact of legal protection on investment is of major importance. This paper provides a framework for … addressing this issue, and shows that investment may actually be higher in the absence of legal protection. Focusing on the …

Persistent link: https://www.econbiz.de/10011083356

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