Showing 1 - 10 of 88
We experimentally study the relationship between other-regarding preferences, group identity and political participation. In doing so, we propose a novel group identity induction procedure that succeeds in creating environments where in-group bias is either high or low. At the individual level,...
Persistent link: https://www.econbiz.de/10011256817
punishment behavior. (3) Thereare discontinuous “jumps” in the behavior of responders. They either chooseno punishment (destroy … nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the … probabilityof punishment but not on the intensity of experienced emotion. We explainthis last result in terms of norm …
Persistent link: https://www.econbiz.de/10011255559
The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that … an increase in stake size does neither significantly affect cooperation nor, interestingly, the level of punishment. …
Persistent link: https://www.econbiz.de/10011257415
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10011255502
Growing interest in using personality variables in economic research leads to the question whether personality as measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be predictive of behavior in economic games? It is undoubted...
Persistent link: https://www.econbiz.de/10011256055
This discussion paper resulted in a publication in <I>Games and Economic Behavior</I> (2014). Volume 86, pages 77-95.<P> Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory...</p></i>
Persistent link: https://www.econbiz.de/10011256405
We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors adapt to losses, their neutral reference point shifts...
Persistent link: https://www.econbiz.de/10011257429
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10011257541
company randomized 19 account teams into treatment and control groups. Employees in treatment teams received rewards if their … ideas were approved. Nothing changed for employees in control teams. Our main finding is that rewards substantially … increased the quality of ideas submitted. Further, rewards increased participation in the suggestion system, but decreased the …
Persistent link: https://www.econbiz.de/10011272603
congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model … a fine toll, and to a continuum of combinations of time-varying tolls and rewards (including fine feebates). When demand …
Persistent link: https://www.econbiz.de/10011257227