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Kirchkamp, Oliver; Mill, Wladislaw - 2019

In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and spite can be used to rationalize deviations from risk...

Persistent link: https://www.econbiz.de/10012018322

Conditional Cooperation and the Effect of Punishment

Kirchkamp, Oliver; Mill, Wladislaw - 2018

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...

Persistent link: https://www.econbiz.de/10011887375

Social welfare versus inequality concerns in an incomplete contract experiment

Faravelli, Marco; Kirchkamp, Oliver; Rainer, Helmut - 2010

We study a situation where two players first choose a sharing rule, then invest into a joint production process, and then split joint benefits. We investigate how social preferences determine investments. In our experiment we find that even the materially disadvantaged player cares more for...

Persistent link: https://www.econbiz.de/10010266106

The Roots of Cooperation

Bašic, Zvonimir; Bindra, Parampreet Christopher; … - 2021

We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine pre-registered hypotheses about which of three fundamental pillars of human cooperation – direct and indirect reciprocity, and third-party punishment – emerges earliest...

Persistent link: https://www.econbiz.de/10012799704

Too Lucky to be True - Fairness Views under the Shadow of Cheating

Bortolotti, Stefania; Soraperra, Ivan; Sutter, Matthias; … - 2017

inequality, such as differences in effort, luck, or opportunities. We study how fairness views and the extent of redistribution … outcome. Although third parties cannot verify cheating, we find that the mere suspicion of cheating changes fairness views of ….e., participants who never redistribute. Without cheating opportunities, libertarian fairness views dominate, while egalitarian views …

Persistent link: https://www.econbiz.de/10011698730

Do Gender Preference Gaps Impact Policy Outcomes?

Ranehill, Eva; Weber, Roberto A. - 2017

Many studies document systematic gender differences in a variety of important economic preferences, such as risk-taking, competition and pro-sociality. One potential implication of this literature is that increased female representation in decision-making bodies may significantly alter...

Persistent link: https://www.econbiz.de/10011777641

How do incentives affect creativity?

Eckartz, Katharina; Kirchkamp, Oliver; Schunk, Daniel - 2012

We compare performance in a word based creativity task under three incentive schemes: a flat fee, a linear payment and a tournament. Furthermore, we also compare performance under two control tasks (Raven's advanced progressive matrices or a number-adding task) with the same treatments. In all...

Persistent link: https://www.econbiz.de/10010291555

The Roots of Cooperation

Basic, Zvonimir; Bindra, Parampreet Christopher; … - 2021

Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...

Persistent link: https://www.econbiz.de/10012599232

Growing Groups, Cooperation, and the Rate of Entry

Ranehill, Eva; Schneider, Frédéric; Weber, Roberto A. - 2014

We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group’s size yields potential efficiency gains, but only...

Persistent link: https://www.econbiz.de/10010352437

Are Women Less Effective Leaders Than Men? Evidence from Experiments Using Coordination Games

Heursen, Lea; Ranehill, Eva; Weber, Roberto A. - 2020

We study whether one reason behind female underrepresentation in leadership is that female leaders are less effective at coordinating action by followers. Two experiments using coordination games investigate whether female leaders are less successful than males in persuading followers to...

Persistent link: https://www.econbiz.de/10012425619