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Using a large (n=543) multi-ethnic sample of laboratory subjects, we systematically investigate the link between the digit ratio (the ratio of the length of the index finger to the length of the ring finger, also called 2D:4D ratio) and two measures of individual risk taking: (i) risk...
Persistent link: https://www.econbiz.de/10011100199
Deck et al. (2009) suggest that personality may help explain the apparent inconsistency, offering support to Borghans et al … paper also asks whether personality can explain the well documented behavioral difference between first price and Dutch …
Persistent link: https://www.econbiz.de/10008680349
We compare the determinants of individual giving between two countries, Spain and the US, which differ in their redistribution policies and their beliefs over the causes of poverty. By varying the information about the determinants of income, we find that, although overall giving is similar in...
Persistent link: https://www.econbiz.de/10009323948
Using a gift exchange experiment, we show that the ability of reciprocity to overcome incentive problems inherent in principal-agent settings is greatly reduced when the agent’s effort is distorted by random shocks and transmitted imperfectly to the principal. Specifically, we find that gift...
Persistent link: https://www.econbiz.de/10010575502
group plays the game for the second part of the experiment. Our results show that the arrival of newcomers decreases trust … among group members and this decrease in trust negatively affects group performance. Knowing the performance history of the …
Persistent link: https://www.econbiz.de/10010817394
Religious identity affects preferences and can consequently affect policy. We propose two mechanisms through which a ruler's religious identity can affect public good provision: i) greater provision of goods in regions where more subjects are the ruler's co-religionists, and ii) lower provision...
Persistent link: https://www.econbiz.de/10010699800
This experimental study compares sequential and simultaneous election contests. Consistent with the theory, we find evidence of the “New Hampshire effect” in the sequential contests, i.e., the winner of the first electoral battle wins the overall contest with much higher probability than the...
Persistent link: https://www.econbiz.de/10010884877
In the absence of enforceable contracts, many economic and personal interactions rely on trust and reciprocity … on reciprocation prevent the most egregious trust violations, but may also undermine behavior that would have otherwise … trust games. We find that rules fail to increase trust and trustworthiness. Thus low minimum standards significantly …
Persistent link: https://www.econbiz.de/10009295318
We construct an asset market in a finite horizon overlapping-generations environment. Subjects are tested for comprehension of their fundamental value exchange environment, and then reminded during each of 25 periods of its declining new value. We observe price bubbles forming when new...
Persistent link: https://www.econbiz.de/10009323294
We examine conflict resolution via a random device. We model conflict as a two-agent rent-seeking contest for a fixed prize. Before conflict arises, both agents may agree to allocate the prize by coin flip to avoid the costs of conflict. In equilibrium, risk-neutral agents with relatively...
Persistent link: https://www.econbiz.de/10009323518