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Eliciting Motives for Trust and Reciprocity by Attitudinal and Behavioural Measures

Farina, Francesco; O'Higgins, Niall; Sbriglia, Patrizia - Institute for the Study of Labor (IZA) - 2008

Value Surveys may reveal well-behaved societies by the statistical treatment of the agents’ declarations of compliance with social values. Similarly, the results of experiments conducted on games with conflict of interest trace back to two important primitives of social capital – trust and...

Persistent link: https://www.econbiz.de/10005700904

Two Heads Are Less Bubbly than One: Team Decision-Making in an Experimental Asset Market

Cheung, Stephen L.; Palan, Stefan - Institute for the Study of Labor (IZA) - 2009

We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced by Smith, Suchanek and Williams (1988). We find that populating such markets with teams of size two instead of individuals significantly reduces the severity of mispricing. In...

Persistent link: https://www.econbiz.de/10008555360

Friendship in a Public Good Experiment

Haan, Marco; Kooreman, Peter; Riemersma, Tineke - Institute for the Study of Labor (IZA) - 2006

We conduct a public good experiment with high school teenagers. Some groups exclusively consist of students that we know to be friends. Other groups exclusively consist of students that we know not to be friends, and that are mere classmates. We find that ‘friends’ contribute more to the...

Persistent link: https://www.econbiz.de/10005566795

The Effect of Communication Channels on Promise-Making and Promise-Keeping

Conrads, Julian; Reggiani, Tommaso - Institute for the Study of Labor (IZA) - 2014

This paper investigates the effect of different communication channels on promise-making and promise-keeping in a … helping situation. Four treatments differ with respect to the communication channel employed to solicit unincentivized … cooperation, i.e., face-to-face, phone call and two different sorts of computer-mediated communication. The less anonymous (face …

Persistent link: https://www.econbiz.de/10010959794

Role Selection and Team Performance

Cooper, David J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2011

Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very...

Persistent link: https://www.econbiz.de/10009225777

Other-Regarding Preferences and Leadership Styles

Kocher, Martin G.; Pogrebna, Ganna; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2009

We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders influence their leadership style in choice under risk. We find that leaders who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic...

Persistent link: https://www.econbiz.de/10005703650

Norm Enforcement: Anger, Indignation or Reciprocity?

Carpenter, Jeffrey P.; Matthews, Peter Hans - Institute for the Study of Labor (IZA) - 2005

The enforcement of social norms often requires that unaffected third parties sanction offenders. Given the renewed interest of economists in norms, the literature on third party punishment is surprisingly thin, however. In this paper, we report on the results of an experiment designed to...

Persistent link: https://www.econbiz.de/10005822220

Emotions, Sanctions and Cooperation

Joffily, Mateus; Masclet, David; Noussair, Charles N.; … - Institute for the Study of Labor (IZA) - 2011

We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...

Persistent link: https://www.econbiz.de/10008876559

Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis: Relational Contracts with Individual and Uniform Wages

Kocher, Martin G.; Luhan, Wolfgang J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2012

Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...

Persistent link: https://www.econbiz.de/10011279270

Competition, Hidden Information and Efficiency: An Experiment

Cabrales, Antonio; Charness, Gary; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2006

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information context. In our benchmark case, each principal is matched with one agent of unknown type. In our second treatment, a principal can select one of three agents, while in a...

Persistent link: https://www.econbiz.de/10005703707

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