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We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … and reciprocity have been identified as fundamental pillars for smooth and efficient economic interactions, economic …. Reciprocity prevails in all age groups, although its degree also seems to increase with age. …
Persistent link: https://www.econbiz.de/10005765128
derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on …
Persistent link: https://www.econbiz.de/10005588014
repeated ultimatum game with changing and nonzero conflict payoffs. The model is also tested in a laboratory experiment. The …
Persistent link: https://www.econbiz.de/10005765137
We test for behavioral differences between groups and individuals in gift-exchange experiments. Related studies establish group behavior as typically closer to the game-theoretic equilibrium. We show that this result may depend crucially on the decision making procedure within groups. A novel...
Persistent link: https://www.econbiz.de/10005765166
bonds. However, many studies in economics and biology indicate that reciprocity based on repeated interaction su_ces to … establish cooperation with non-kin. We shed light on the issue by a voluntary social exchange experiment where related (via …
Persistent link: https://www.econbiz.de/10005252189
proposer rotates in the order of members' efforts. We show in an experiment that tournaments elicit higher efforts than random …
Persistent link: https://www.econbiz.de/10005765090
We experimentally examine how group identity affects trust behavior in an investment game. In one treatment, group identity is induced purely by minimal groups. In other treatments, group members are additionally related by outcome interdependence established in a prior public goods game. Moving...
Persistent link: https://www.econbiz.de/10005765125
We study sequential parimutuel betting markets with asymmetrically informed bettors, using an experimental approach. In one treatment, groups of eight participants play twenty repetitions of a sequential betting game. The second treatment is identical, except that bettors are observed by other...
Persistent link: https://www.econbiz.de/10005765149
Even though decision-making in small teams is pervasive in business and in private life, little is known about subjects' preferences with respect to individual and team decision-making and about the consequences of respecting these preferences. We report the results from an experimental...
Persistent link: https://www.econbiz.de/10005765209
We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In the cooperation condition, player A sends x ? {0, X} to player B. The amount x is multiplied by c = 3, and B can return y ? {0,3x}. In the ability condition, c depends on B’s...
Persistent link: https://www.econbiz.de/10005588002