Showing 1 - 10 of 196
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in …
Persistent link: https://www.econbiz.de/10009535526
without doubt that direct and indirect reciprocity are important determinants of successful cooperation. We also discuss the … influences strong reciprocity. Our results show that culture has a strong influence on positive and in especially negative strong … reciprocity. In particular, we find large crosscultural differences in 'antisocial punishment' of pro-social co-operators. Further …
Persistent link: https://www.econbiz.de/10003790691
We investigate the impact of wage comparisons for worker productivity. We present three studies which all use three-person gift-exchange experiments. Consistent with Akerlof and Yellen's (1990) fair wage-effort hypothesis we find that disadvantageous wage discrimination leads to lower efforts...
Persistent link: https://www.econbiz.de/10003908626
guilt aversion and reciprocity under which contributions are related to second- and first-order beliefs, respectively. Our … results are consistent with either. -- Framing ; psychological games ; guilt aversion ; reciprocity ; public good games …
Persistent link: https://www.econbiz.de/10003385854
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which … ; psychological game theory ; guilt aversion ; reciprocity ; public good games ; voluntary cooperation …
Persistent link: https://www.econbiz.de/10008699706
learning cannot generate the kind of contribution dynamics commonly attributed to the existence of conditional cooperators. We … learning. -- voluntary contribution mechanism ; public goods experiments ; learning ; limited information ; confusion …
Persistent link: https://www.econbiz.de/10009690143
We investigate the role of information feedback in rent-seeking games with two different contest structures. In the stochastic contest a contestant wins the entire rent with probability equal to her share of rent-seeking expenditures; in the deterministic contest she receives a share of the rent...
Persistent link: https://www.econbiz.de/10009618920
; experiment ; learning … common prior is induced, while for other distributions behavior is similar under both regimes. We also present a learning … show that this learning model accurately accounts for all main features of the data. -- common prior ; signaling …
Persistent link: https://www.econbiz.de/10003828280
reciprocity toward employers: in this case own wage is a powerful determinant of own effort, but co-worker wages have no effect …. By contrast, we find that exposure to both pieces of social information systematically influences employees' reciprocity … generously: in such circumstances the employee tends to expend low effort irrespective of her own wage. Reciprocity is more …
Persistent link: https://www.econbiz.de/10003740149
social motivations. -- Reciprocity ; Contribution preferences ; Leadership ; Leading-by-Example ; False consensus effect …
Persistent link: https://www.econbiz.de/10003790697