Showing 1 - 7 of 7
’ first- and second-order beliefs on truth-telling. While senders are more likely to lie if they expect the receiver to trust … believe the receiver expects them to tell the truth. We observe no such dependence on second-order beliefs in a payoff … equivalent game of matching pennies. Our results therefore indicate an impact of second-order beliefs as derived in models of …
Persistent link: https://www.econbiz.de/10010942533
Many economic decisions are made jointly within households. This raises the question about spouses? relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and...
Persistent link: https://www.econbiz.de/10008511352
risk-neutrality than single partners’ decisions. This finding is similar to earlier experiments with randomly assigned …
Persistent link: https://www.econbiz.de/10009364414
We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...
Persistent link: https://www.econbiz.de/10009385916
We examine social preferences of Swedish and Austrian children and adolescents using the experimental design of Charness and Rabin (2002). We find that difference aversion decreases while social-welfare preferences increase with age.
Persistent link: https://www.econbiz.de/10008691745
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10008462709
We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses? individual risk preferences are more similar the richer the household and the...
Persistent link: https://www.econbiz.de/10005581169