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A sociological perspective on measuring social norms bymeans of strategy method experiments

Rauhut, Heiko; Winter, Fabian - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

bargaining norms in the case of ultimatum games. Tosubstantiate our claim, we conduct a methodological experiment in which …

Persistent link: https://www.econbiz.de/10005866393

(Non-) Behavioral Economics – A Programmatic Assessment

Güth, Werner - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

Economic theory has evolved without paying proper attention to behavioral approaches,especially to social, economic, and cognitive psychology. This has recently changed byincluding behavioral economics courses in many doctoral study programs. Although thisnew development is most welcome, the...

Persistent link: https://www.econbiz.de/10005866470

New Experimental Results on the Solidarity Game

Büchner, Susanne; Coricelli, Giorgio; Greiner, Ben - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

This paper revisits and extends the experiment on the solidarity gameby Selten and Ockenfels (1998). We replicate the … basic design of the solidaritygame and extend it in order to test the robustness of the fixed totalsacrifice' effect and the …

Persistent link: https://www.econbiz.de/10005866875

Strategic investment, industry concentration and the cross section of returns

Bustamante, Maria Cecilia - London School of Economics (LSE) - 2011

competition a¤ects the industrial dynamics of investment, concentration, and expected returns. When firms have similar production …

Persistent link: https://www.econbiz.de/10011071300

Bidding in common value fair division games: The winner’scurse or even worse?

Becker, Alice; Brünner, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

corresponding common value auction.Whereas symmetric risk neutral Nash equilibria are rather similar for both games,behavior differs …

Persistent link: https://www.econbiz.de/10005870973

How norms can generate conflict

Winter, Fabian; Rauhut, Heiko; Helbing, Dirk - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

Norms play an important role in establishing social order. Thecurrent literature focuses on the emergence, maintenance and impactof norms with regard to coordination and cooperation. However, theissue of norm-related conict deserves more attention. We develop ageneral theory of \normative...

Persistent link: https://www.econbiz.de/10005870974

Making the World a better Place: Experimental evidencefrom the generosity Game

Güth, Werner; Levati, Maria Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

We study ultimatum and dictator experiments where the first moverchooses the amount of money to be distributed between the playerswithin a given interval, knowing that her own share is fixed. Thus, thefirst mover is faced with scarcity, but not with the typical trade-off betweenher own and the...

Persistent link: https://www.econbiz.de/10005870982

Moral Emotions and Partnership

Bracht, Jürgen; Regner, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

Actual behaviour is inuenced in important ways by moral emotions,for instance guilt or shame (see among others Tangney et al., 2007). Belief-dependant models of social preferences using the framework of psycho-logical games aim to consider such emotions to explain other-regardingbehaviour. Our...

Persistent link: https://www.econbiz.de/10009248884

Social Preferences under Risk - An ExperimentalAnalysis

Bradler, Christiane - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

ofbehavior persists when risk comes into play. I devise an experiment which sheds light onthe interrelation of risk and social … preferences by measuring (1) individual risk preferences,(2) interpersonal risk preferences, and (3) social preferences under … certainty. The resultsreveal that a large share of subjects choose to accept more risk or less potential gain thanindividually …

Persistent link: https://www.econbiz.de/10005866400

Response Time under Monetary Incentives:the Ultimatum Game

Brañas-Garza, Pablo; León-Mejía, Ana; Miller, Luis M. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

This paper studies the response times of experimental subjects playingthe Ultimatum game in a laboratory setting using monetary incentives.We find that proposals are not significantly correlated with responsetime, whereas responders’ behavior is positively and significantlycorrelated. Hence,...

Persistent link: https://www.econbiz.de/10005866540