Showing 1 - 10 of 11
reciprocity under which contributions are related to second- and first-order beliefs, respectively. Our results are consistent …
Persistent link: https://www.econbiz.de/10005032223
Mismatches typically arise because of information problems in markets. This paper discusses the possibility of mismatching in partnerships focussing on strategic mismatches that cannot be explained by information problems. It is shown that due to market competition sometimes players can profit...
Persistent link: https://www.econbiz.de/10004968134
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10008642098
Adaptive learning and punishment are highly prominent competing explanations for ultimatum game behavior. We report on an experiment that considers each theory in stand-alone form, so that one does not rely on the other in any substantial way. Our data exhibits patterns for which punishment can...
Persistent link: https://www.econbiz.de/10004968239
non-binding agreements beforehand. The results refute the concept of rationality and support the impact of reciprocity and … retribution, where retribution is more compelling than reciprocity. The equal division principle is the dominant fairness norm …
Persistent link: https://www.econbiz.de/10004968245
motivational heterogeneity in both roles, but both materialism and reciprocity proved stronger than altruism. The qualitative model …
Persistent link: https://www.econbiz.de/10004968314
Essential characteristics of corruption are (1) a reciprocity relationship between briber and public official, (2 … exclusion from the experiment without payment. The results show that reciprocity establishes bribery relationships, where …
Persistent link: https://www.econbiz.de/10004968325
In a bribery experiment, we test the hypothesis that distributive fairness considerations make relatively well-paid public officials less corruptible. Corrupt decisions impose damages to workers whose wage is varied in two treatments. However, there is no apparent difference in behaviour.
Persistent link: https://www.econbiz.de/10004968346
This paper analyses competition of moral norms and institutions in a society where a fixed share of people unconditionally complies with norms and the remaining people act selfishly. Whether a person is a norm-complier or selfish is private knowledge. A model of voting-by-feet shows that those...
Persistent link: https://www.econbiz.de/10004968383
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10004968462