Showing 1 - 10 of 42
We experimentally investigate a ?nitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner’s contribution. At the...
Persistent link: https://www.econbiz.de/10010561574
behavior is also determined by its organizational structure. In this paper, a Stackelberg experiment is considered in order to …
Persistent link: https://www.econbiz.de/10010551110
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral theory of consumption is suggested and discussed with...
Persistent link: https://www.econbiz.de/10009003960
Strong growth in disposable income has inflated consumption to unprecedented, but not sustainable levels. In this process consumer behavior has been changing. To explain the driving forces of this development, the paper introduces a theory of evolving consumer preferences that is molded in an...
Persistent link: https://www.econbiz.de/10009371964
An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
Persistent link: https://www.econbiz.de/10008764620
We conduct an experiment on the impact of feedback in the Trust Game. In our treatment group, the Trustee has the … experiment. Receiving feedback has an impact on the Investors’ short-run affective state but giving feedback is not found to have …
Persistent link: https://www.econbiz.de/10011118619
This article reviews the most important transfers of this kind into evolutionary economics. It broadly differentiates between approaches that draw on an analogy construction to the biological sphere, those that make metaphorical use of Darwinian ideas, and avenues that are based on the fact that...
Persistent link: https://www.econbiz.de/10011140918
The paper deals with impulsive consumption and highlights the roles that cognitive and motivational aspects of reflexive thought (namely self-control and self-image motives, respectively) play in intertemporal decisions. While self-control inhibits individuals from consuming impulsively,...
Persistent link: https://www.econbiz.de/10009651989
An evolutionary tool kit is applied in this paper to explain how innate social behavior traits evolved in early human groups. These traits were adapted to the particular production requirements of the group in human phylogeny. They shaped the group members' attitudes towards contributing to the...
Persistent link: https://www.econbiz.de/10010894141
This paper presents a formal model in which differential satiation dynamics of various consumer needs translate into long-run changes of consumer behavior when income rises. In the model individuals allocate their income to the consumption categories proportional to need deprivation states...
Persistent link: https://www.econbiz.de/10010894151