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Age and the development of trust and reciprocity

Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …

Persistent link: https://www.econbiz.de/10005765128

The investment game with asymmetric information

Coricelli, G.; Morales, L.G.; Mahlstedt, A. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft

We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are also elicited. Our results show that average...

Persistent link: https://www.econbiz.de/10005765175

Trust in cooperation or ability? – An experimental study on gender differences

Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In … ? {0,3x}. In the ability condition, c depends on B’s performance in a mathematical test, with c = 5/3/1 for above average …

Persistent link: https://www.econbiz.de/10005588002

Ex Interim Voting in Public Good Provision

Fischer, Sven; Nicklisch, Andreas - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

We report the results of an experimental study that compares voting mechanisms in the provision of public goods. Subjects can freely decide how much they want to contribute. Whether the public good is finally provided is decided by a referendum under full information about all contributions. If...

Persistent link: https://www.econbiz.de/10005765208

Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision

Dittrich, Dennis; Kocher, Martin - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous …

Persistent link: https://www.econbiz.de/10005247882

Are we nice(r) to nice(r) people? - An Experimental Analysis

Albert, Max; Güth, Werner; Kirchler, Erich; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2002

by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their …

Persistent link: https://www.econbiz.de/10005247883

Are preferences incomplete? An experimental study using flexible choices

Danan, Eric; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Completeness, the most commonly assumed axiom in preference theory, has not received much attention from the experimental literature. Indeed, incomplete preferences model a cognitive phenomenon (an agent's inability to compare alternatives), and therefore cannot be directly revealed through...

Persistent link: https://www.econbiz.de/10005247884

On the nature of fair behavior and its development with age –

Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

Economic decisions have been shown to depend on actual outcomes as well as perceived intentions. In this paper, we examine whether and how the relative importance of outcomes or intentions for economic decision develops with age. We report the result of ultimatum games with children, teens and...

Persistent link: https://www.econbiz.de/10005247886

An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data

Morone, Andrea; Schmidt, Ulrich - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative non-expected utility theories. The present paper performs a similar analysis which relies on pricing data instead...

Persistent link: https://www.econbiz.de/10005252188

Road Traffic Congestion and Public Information: An Experimental Investigation

My, Kene Boun; Denant-Boèmont, Laurent; Koessler, … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

This paper reports two laboratory studies designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our experimental design is based on a discrete version of Arnott, de Palma, and Lindsey’s (1990) bottleneck model where subjects have...

Persistent link: https://www.econbiz.de/10005252195