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The Behavioral Impact of Emotions in a Power-to-Take Game: An Experimental Study
Bosman, Ronald; Winden, Frans van - CESifo - 2000
) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last … hedonic impact. (2) Irritation and contempt drive punishment behavior. (3) There are discontinuous "jumps" in the behavior of … responders. They either choose no punishment (destroy nothing) or the highest level of punishment (destroy everything). (4 …
Persistent link: https://www.econbiz.de/10005181557
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Reference Points and Effort Provision
Abeler, Johannes; Falk, Armin; Götte, Lorenz; Huffman, … - CESifo - 2009
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10005051581
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Correlation Neglect in Belief Formation
Enke, Benjamin; Zimmermann, Florian - CESifo - 2013
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010718532
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When Ignorance is Bliss - Information Asymmetries Enhance Prosocial Behavior in Dictator Games
Winschel, Evguenia; Zahn, Philipp - CESifo - 2014
In most laboratory experiments concerning prosocial behavior subjects are fully informed how their decision influences the payoff of other players. Outside the laboratory, however, individuals typically have to decide without such detailed knowledge. To assess the effect of information...
Persistent link: https://www.econbiz.de/10010877838
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The Trade-off between Intra- and Intergenerational Equity in Climate Policy
Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - CESifo - 2013
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
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Leaky Bucket in the Real World: Estimating Inequality Aversion Using Survey Data
Pirttilä, Jukka; Uusitalo, Roope - CESifo - 2007
Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....
Persistent link: https://www.econbiz.de/10005094321
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Expectations as Reference Points: Field Evidence from Experienced Subjects in a Competitive, High-Stakes Environment
Bartling, Björn; Brandes, Leif; Schunk, Daniel - CESifo - 2012
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
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Health Club Attendance, Expectations and Self-control
Garin, Jean-Denis; Masse, Alix; Michaud, Pierre-Carl - CESifo - 2014
once we use subjective expectations of the number of visits per week at the time of contract choice. Next, we study how …
Persistent link: https://www.econbiz.de/10010877917
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Reciprocity and Emotions: Arousal, Self-Reports, and Expectations
Ben-Shakhar, Gershon; Bornstein, Gary; Hopfensitz, Astrid; … - CESifo - 2004
-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …
Persistent link: https://www.econbiz.de/10005766252
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Measuring Strategic Uncertainty in Coordination Games
Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - CESifo - 2004
This paper explores three aspects of strategic uncertainty: its relation to risk, predictability of behavior and subjective beliefs of players. In a laboratory experiment we measure subjects’ certainty equivalents for three coordination games and one lottery. Behavior in coordination games is...
Persistent link: https://www.econbiz.de/10005094385