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A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction

Ert, Eyal; Erev, Ido; Roth, Alvin E. - In: Games 2 (2011) 3, pp. 257-276

fairness. The probability of using the different rules is assumed to be stable over games. The estimated parameters imply that …

Persistent link: https://www.econbiz.de/10009203557

Spite and Reciprocity in Auctions

Nishimura, Naoko; Cason, Timothy N.; Saijo, Tatsuyoshi; … - In: Games 2 (2011) 3, pp. 365-411

The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...

Persistent link: https://www.econbiz.de/10009294862

Do I Really Want to Know? A Cognitive Dissonance-Based Explanation of Other-Regarding Behavior

Matthey, Astrid; Regner, Tobias - In: Games 2 (2011) 1, pp. 114-135

We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a dictator game variant subjects can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of subjects showing other-regarding behavior...

Persistent link: https://www.econbiz.de/10008839368

Modeling Inequity Aversion in a Dictator Game with Production

Rodriguez-Lara, Ismael; Moreno-Garrido, Luis - In: Games 3 (2012) 4, pp. 138-149

subjects should only be rewarded for factors under their control. This fairness ideal does not hold subjects responsible for …

Persistent link: https://www.econbiz.de/10011030516

Patience or Fairness? Analyzing Social Preferences in Repeated Games

Duffy, John; Muñoz-García, Félix - In: Games 3 (2012) 1, pp. 56-77

one-shot and the infinitely repeated version of the Prisoner’s Dilemma game. We show that fairness concerns operate as a … ”substitute” for time discounting in the infinitely repeated game, as fairness helps sustain cooperation for lower discount … a combination of time and social preferences (fairness). …

Persistent link: https://www.econbiz.de/10011030523