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Departures from pure self interest in economic experiments have recently inspired models of "social preferences". We conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly than the array of games conventionally considered. Our...
Persistent link: https://www.econbiz.de/10005062663
Departures from self-interest in economic experiments have recently inspired models of "social preferences". 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 increasing...
Persistent link: https://www.econbiz.de/10005556538
It is traditional in experimental games to allow participants to choose only actions or possibly communicate intended play. In sequential two-person games, we require first movers to express a preference between responder choices. We find that responder behavior differs substantially according...
Persistent link: https://www.econbiz.de/10005119388
split a pie -- illustrate that conventional game theory has been wrong in its predictions regarding the simplest of …
Persistent link: https://www.econbiz.de/10005119421
This paper examines the concepts of trust and trustworthiness in the context of a one-sided variation of the prisoner's dilemma, and it evaluates four different categories of solutions to the PD problem: changing player preferences, enforcing explicit contracts, establishing implicit contracts,...
Persistent link: https://www.econbiz.de/10005135123
instrument for spouse’s well-being and allowing controls on individual fixed effects, we find strong evidence of altruism …
Persistent link: https://www.econbiz.de/10005076542
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
proposes an ethical principle to supplement the equilibrium theory for guiding agents in their choice of the degree of altruism …, recasting it into a Lindahl equilibrium framework. It has been shown that altruism towards parents provides an alternative … answer to the basic question of capital theory as to why interest rates are positive; the Lindahl equilibrium obeys the First …
Persistent link: https://www.econbiz.de/10005125689
Charities publicize the donations they receive, generally according to dollar categories rather than the exact amount. Donors in turn tend to give the minimum amount necessary to get into a category. These facts suggest that donors have a taste for having their donations made public. This paper...
Persistent link: https://www.econbiz.de/10005125886
of society are centred around issues of altruism and selfishness. Experimental evidence indicates that human altruism is … altruists to defect. Current gene-based evolutionary theories cannot explain important patterns of human altruism, pointing …
Persistent link: https://www.econbiz.de/10005408232