Showing 1 - 10 of 26
People often form expectations about others using the lens of their own attitudes (the so-called consensus effect). We study the implications of this for trust and trustworthiness. Trustworthy individuals are more \optimistic" than opportunists and are accordingly less afraid to engage in...
Persistent link: https://www.econbiz.de/10010194809
We study the effects of voluntary participation on cooperation in collective action problems. Voluntary participation may foster cooperation through an entry mechanism, which leads to assortative selection of interaction partners, or an exit mechanism, whereby the opportunity to leave the...
Persistent link: https://www.econbiz.de/10011434271
We study information conditions under which individuals are willing to delegate their sanctioning power to a central authority. We design a public goods game in which players can move between institutional environments, and we vary the observability of others' contributions. We find that the...
Persistent link: https://www.econbiz.de/10011536714
We study the effects of voluntary participation on public good provision. Voluntary participation may foster cooperation through two mechanisms: an entry mechanism, which leads to assortative selection of interaction partners, or an exit mechanism, whereby the opportunity to leave the...
Persistent link: https://www.econbiz.de/10010504597
Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate the demand for different levels of institutions that...
Persistent link: https://www.econbiz.de/10012239472
We study the effects of voluntary participation on cooperation in collective action problems. Voluntary participation may foster cooperation through a mechanism of assortative selection of interaction partners based on false consensus bias, or through a mechanism whereby the decision to not...
Persistent link: https://www.econbiz.de/10011691199
. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …
Persistent link: https://www.econbiz.de/10003854042
distribution of beliefs as well as the relationship between contributions and beliefs are unaffected by incentives. Eliciting … results for the design of experiments. -- Incentives ; beliefs ; experiments ; public goods …
Persistent link: https://www.econbiz.de/10003375964
This study uses a three-person gift-exchange game experiment to examine the impact of pay comparisons on effort behavior. We compare effort choices made in a treatment where workers' wages are secret with effort choices made in two 'public wages' treatments. The two 'public wages' treatments...
Persistent link: https://www.econbiz.de/10003990157
Belief elicitation is an important methodological issue for experimental economists. There are two generic questions: 1 …) Do incentives increase belief accuracy? 2) Are there interaction effects of beliefs and decisions? We investigate these … beliefs are incentivized. The relationship between contributions and beliefs is slightly steeper under incentives. However, we …
Persistent link: https://www.econbiz.de/10003990218