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Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10009391881
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment …
Persistent link: https://www.econbiz.de/10005137243
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10005209452
decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … the predictions of prospect theory extrapolated to a social context. …
Persistent link: https://www.econbiz.de/10008513239