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argument (over the number of individuals). The proof of the theorem is further simplified when the voting rule is assumed to be …
Persistent link: https://www.econbiz.de/10005419353
This paper investigates trust in situations, where decision-makers are large groups and the decision-mechanism is collective, by developing a game to study trust behavior. Theories from behavioral economics and psychology suggest that trust in such situations may differ from individual trust....
Persistent link: https://www.econbiz.de/10005645157
The dominating subject pool in economic experiments is undergraduate university students. Reasons for this include …
Persistent link: https://www.econbiz.de/10005419357
This paper considers the sealed bid and ascending auction, which both identifies the minimum Walrasian equilibrium prices and where truthful preference revelation constitutes an equilibrium. Even though these auction formats share many theoretical properties, there are behavioral aspects that...
Persistent link: https://www.econbiz.de/10008776033
From a public database in Sweden we obtained a subject pool consisting of one group 20 years old and another group that was exactly 50 years older. The groups participated in a mail-based trust game. In the trust game the young cohort exhibited significantly more trust than the old cohort did....
Persistent link: https://www.econbiz.de/10005190602
This paper presents the results from an ethnical discrimination experiment that was conducted in one of Sweden’s most “problematic” cities with respect to the integration process of refugees. The subjects confronted three different bargaining games; one trust game, one social exclusion and...
Persistent link: https://www.econbiz.de/10005645094
We analyze results from two categories of experiments where the subjects received controlled signals about the sex of … their co-players. In a series of Battle of the Sexes experiments the subjects played more hawkish against women than against … men. The impact of the sex signal was most pronounced among female subjects. In the second category of experiments we …
Persistent link: https://www.econbiz.de/10005645106
This paper analyzes communication from the viewpoint of the level-n theory of bounded rationality. It examines if communication can be understood by the effect it has on high-level types’ beliefs about the actions of simpleminded level-0 players. We present experimental evidence from a...
Persistent link: https://www.econbiz.de/10005645116
the individual and thereby assessing the limits of these fairness concerns. This study reports on Trust game experiments …
Persistent link: https://www.econbiz.de/10005645126
Undergraduates in Tanzania and Sweden participated in one Trust game, one Dictator game, and answered a standard set of survey questions relating to trust. In both countries we detected a strong and significant relation between Dictator donations and proportions returned in Trust games, which...
Persistent link: https://www.econbiz.de/10005645148