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Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)’s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and ex post...
Persistent link: https://www.econbiz.de/10009358972
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
environments, we use a laboratory experiment in which we form groups and assign leadership roles at random. We study an environment … behavior. Moreover, appointing leaders who are likely to have acted dishonestly in a preliminary stage of the experiment yields …
Persistent link: https://www.econbiz.de/10010817253
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10011272198
Experimental games turned out to be remarkably productive tools for examining the nature of social preferences and social norms. This paper describes the methods and tools of experimental game theory and provides a selection of games that have been useful. We also discuss the role of...
Persistent link: https://www.econbiz.de/10005585655
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10005627903
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
company takeover experiment, groups placed better bids than individuals and substantially reduced the winner’s curse. This …
Persistent link: https://www.econbiz.de/10008642477
We conducted an experiment with 182 inmates from a maximum security prison to analyze the impact of criminal identity …. This effect is specific to individuals who have a criminal identity, because an additional placebo experiment shows that … salience on cheating. The results show that inmates cheat more when we exogenously render their criminal identity more salient …
Persistent link: https://www.econbiz.de/10011277310
Informal sanctions are a major determinant of a society's social capital because they are key to the enforcement of implicit agreements and social norms. Yet, little is known about the driving forces behind informal sanctions. We systematically examine the determinants of informal sanctions by a...
Persistent link: https://www.econbiz.de/10005627991