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Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...
Persistent link: https://www.econbiz.de/10011203012
data with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to … elicit people’s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly …
Persistent link: https://www.econbiz.de/10005627945
sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled …
Persistent link: https://www.econbiz.de/10005627900
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005627998
We modify the provision point mechanism by introducing reward money, which is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In equilibrium, the provision point is always reached as competition for reward money and preference...
Persistent link: https://www.econbiz.de/10010722771