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Departures from self-interest in economic experiments have recently inspired models of “social preferencesâ€. We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with...
Persistent link: https://www.econbiz.de/10010538344
Participants in experimental games typically can only choose actions, without making comments about other participants’ future actions. In sequential two-person games, we allow first movers to express a preference between responder choices. We find that responder behavior differs...
Persistent link: https://www.econbiz.de/10011131678