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Conditional cooperation and betrayal aversion
Cubitt, Robin P.; Gächter, Simon; Quercia, Simone - 2015
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011300140
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The framing of games and the psychology of strategic choice
Dufwenberg, Martin (contributor);  … - 2006
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
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The framing of games and the psychology of play
Dufwenberg, Martin; Gächter, Simon; Hennig-Schmidt, Heike - 2010 - [Rev. version of 2006,20]
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically and explore empirical relevance experimentally. In a 2×2 design of one-shot public good games we show that frames affect subject's...
Persistent link: https://www.econbiz.de/10008699706
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Risk-taking in social settings : group and peer effects
Bougheas, Spiros P.; Nieboer, Jeroen; Sefton, Martin - 2013 - Revised version of 2013-01, This version: June 6, 2013
We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an incentivized investment task. We compare consultation to two benchmark treatments: one with isolated individual choices, and a second with group choice after communication. Our benchmark...
Persistent link: https://www.econbiz.de/10009757008
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Social comparison and performance : experimental evidence on the fair-wage effort hypothesis
Gächter, Simon; Thöni, Christian - 2009
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
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The value of vulnerability : the transformative capacity of risky trust
Bruni, Luigino; Tufano, Fabio - 2015
The "grammar of trust" is one the most explored loci in game theory and behavioural economics. However, still much … needs to be understood about the nature of trust in non-enforceable, personalised interactions, in markets and within … organizations. This experimental study aims at contributing to the understanding of new dimensions of trust by exploring how risky …
Persistent link: https://www.econbiz.de/10011391585
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The value of vulnerability : the transformative capacity of risky trust
Bruni, Luigino; Tufano, Fabio - 2016
The 'grammar of trust' is one of the most explored loci in behavioural and experimental economics. This experimental … study aims at contributing to the understanding of new dimensions of trust by exploring how risky trust may foster a trustee … of risky trust, which generates more trustworthy and reciprocal behaviour in untrustworthy people. …
Persistent link: https://www.econbiz.de/10011569227
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Vendettas
Bolle, Friedel; Tan, Jonathan H. W.; Zizzo, Daniel John - 2010
emotions predicts aggression but also reduces it. -- trust ; income inequality ; market ; social capital …
Persistent link: https://www.econbiz.de/10003990149
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The limits of self-governance when cooperators get punished : experimental evidence from urban and rural Russia
Gächter, Simon; Herrmann, Benedikt - 2010
We report evidence from public goods experiments with and without punishment which we onducted in Russia with 566 urban and rural participants of young and mature age cohorts. Russia is interesting for studying voluntary cooperation because of its long history of collectivism, and a huge...
Persistent link: https://www.econbiz.de/10003990183
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Understanding perpetual R&D races
Breitmoser, Yves (contributor);  … - 2008
This paper presents an experimental study of dynamic indefinite horizon R&D races with uncertainty and multiple prizes. The theoretical predictions are highly sensitive: small parameter changes determine whether technological competition is sustained, or converges into a market structure with an...
Persistent link: https://www.econbiz.de/10003675303