Showing 1 - 8 of 8
set of measures of personality traits, namely locus of control, reciprocity and all basic items from the Five Factor …
Persistent link: https://www.econbiz.de/10004963791
their beliefs when interacting with their friend. When interacting with an ex-ante unknown agent instead, the decision to …
Persistent link: https://www.econbiz.de/10008498394
We experimentally test the efficacy of indenture as a self-enforced contract device. In an indenture game, the principal signals the intention of payment-on-delivery, by tearing a banknote and giving the agent half of it as "prepayment"; the agent receives the completing half after delivering...
Persistent link: https://www.econbiz.de/10005069044
-Economic Panel and recently introduced questions about trust, positive reciprocity, and negative reciprocity to examine the extent … willingness to trust other people influences the probability of starting a business; ii) trust, positive reciprocity, and negative … reciprocity influence the exit probability of entrepreneurs; and iii) willingness to trust and to act reciprocally influences the …
Persistent link: https://www.econbiz.de/10008765038
In this paper we study the economic effects of risk attitudes, time preferences, trust and reciprocity while we compare … the two groups mainly in terms of risk attitudes and positive reciprocity. Second generation migrants have a significantly … higher willingness to take risks and they are less likely to have a low amount of positive reciprocity when compared to …
Persistent link: https://www.econbiz.de/10008765852
Becker and Murphy (1988) constructed, in a well-known paper, a model of rational addiction in which people solve a dynamic optimization problem, choose an optimal timepath of drug consumption and thereby maximize lifetime utility. The model leads to the hypothesis that future consumption is a...
Persistent link: https://www.econbiz.de/10005068850
We analyse the impact on schooling outcomes of growing up in a family headed by a single mother. Growing up in a non-intact family in Germany is associated with worse outcomes in models that do not control for possible correlations between common unobserved determinants of family structure and...
Persistent link: https://www.econbiz.de/10005068988
other agents' behavior. Recent experimental studies as well as surveys have asked participants to state their beliefs … explicitly, but little is known about the causal relation between beliefs and other behavioral variables. This paper discusses … allows detecting causal links from beliefs to actions under plausible assumptions. The IV estimates indicate a significant …
Persistent link: https://www.econbiz.de/10008623434