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inefficiently foreclose markets. In an experiment reported in Chapter III I confirm that guilt aversion, i.e., a preference to …
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economic laboratory experiment. The underlying theoretical framework relies on the modeling concepts from game theory and …
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Pro-social and ethical behavior primarily understood as the ability to sacrifice ones own interest to the benefit of others leads to welfare improvements and social progress, whereas anti-social and unethical actions result in irrevocable welfare losses and destruction. This dissertation...
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