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Framing Effects, Selective Information andMarket Behavior An Experimental Analysis
Kirchler, Erich; Maciejovsky, Boris; Weber, Martin - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized …
Persistent link: https://www.econbiz.de/10005866816
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Specious Confidence after Tax Audits: A Contribution to theDynamics of Compliance
Kirchler, Erich; Maciejovsky, Boris; Schwarzenberger, … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
a tax experiment. Compliance varied significantlyover time: it decreased immediately after an audit and increased …
Persistent link: https://www.econbiz.de/10005866915
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Fairness versus Efficiency - An Experimental Study of (Mutual) Gift Giving
Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
individual payoffs, is a potentially competing concern in games such as the prisoners' dilemma. In our experiment participants …
Persistent link: https://www.econbiz.de/10005867006
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Are we nice(r) to nice(r) people? An Experimental Analysis
Albert, Max; Güth, Werner; Kirchler, Erich; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
We experimentally investigate whether individuals can reliably detect cooperators in an anonymous decision environment by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their partner's donation share to a self-selected charity, and...
Persistent link: https://www.econbiz.de/10005867074
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Hindsight Bias and Individual RiskAttitude within the Context ofExperimental Asset Markets
El-Sehity, Tarek; Haumer, Hans; Helmenstein, Christian; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
the different experimental risk elicitationmethods of certainty equivalents and binary lottery choices, and (iii) their … general phenomenon. Furthermore,our findings challenge the presumption of time-stable risk preferences and of … proceduralinvariance with respect to different experimental risk elicitation methods. …
Persistent link: https://www.econbiz.de/10005867042
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„Sozial-ökologische Dilemmata und ihreexperimentelle Analyse“
Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
Die menschliche Art ist eine Spezies, die durch Einsatz von Institutionen undNormensystemen kollektive Güter (oder Übel) bereitzustellen vermag.1 Kollektive Güterbilden typischerweise Antworten auf Kollektivgut-Probleme. Eine besonders wichtige Klassesolcher Kollektivgut-Probleme entsteht im...
Persistent link: https://www.econbiz.de/10005866397
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Psychology and Economics rather than Psychology versusEconomics: Cultural differences but no barriers!
Brandstätter, Hermann; Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
During the last three decades the ascent of behavioral economics clearly helped tobring down artificial disciplinary boundaries between psychology and economics.Noting that behavioral economics seems still under the spell of the rational choicetradition – and, indirectly, of behaviorism – we...
Persistent link: https://www.econbiz.de/10005866402
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What Ethics Can Learn From ExperimentalEconomics – If Anything
Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
Relying on the specific example of ultimatum bargaining experiments this paperexplores the possible role of empirical knowledge of behavioural “norm(ative)facts” within the search for (W)RE – (Wide) Reflective Equilibria on normativeissues. Assuming that “pro-social” behaviour...
Persistent link: https://www.econbiz.de/10005866425
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(Over-)Stylizing experimental findings and theorizing with sweeping generality
Güth, Werner; Kliemt, Hartmut; Levati, Vittoria M: - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008
Human decision making is a process guided by different and partly competing mo-tivations that can each dominate behavior and lead to different effects depending on strength and circumstances. “Over-stylizing” neglects such competing concerns and context-dependence, although it facilitates...
Persistent link: https://www.econbiz.de/10005866432
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On the Co-evolution of Retribution and Trustworthiness:An (Indirect) Evolutionary and Experimental Analysis
Güth, Werner; Kliemt, Hartmut; Levati, M. Vittoria; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
Standard economic explanations of good conduct in trade rely almostexclusively on future-directed extrinsic motivations induced by materialincentives. But intrinsic motives to behave trustworthy and to punishuntrustworthiness do support trade. In our model, intrinsically motivatedplayers are...
Persistent link: https://www.econbiz.de/10005866698