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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
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
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
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
Economic change, while promoting innovation and growth, at the same time generates "gales of creative destruction". It is still largely unclear what this concept implies for the task of assessing welfare (and, correspondingly, the need for and scope of policy-making) in a novelty-generating,...
Persistent link: https://www.econbiz.de/10004992850
In a beauty contest experiment with over 6,000 chess players, ranked from amateur to world class, we found that …
Persistent link: https://www.econbiz.de/10008498338
Rubinstein (2007) has recently found that the frequency of (types of) decisions made in Internet experiments are related to the time taken for these decisions. Other authors have investigated this relationship by exerting some time pressure. In this paper, I report on an attempt to do the...
Persistent link: https://www.econbiz.de/10008552461
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