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unique equilibrium where legal enforcement remains weak and individual values discourage cooperation. …
Persistent link: https://www.econbiz.de/10010264316
Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa …
Persistent link: https://www.econbiz.de/10010261410
hampers cooperation, as higher intelligence players are less cooperative once they are made aware that they play against …
Persistent link: https://www.econbiz.de/10013322849
We experimentally examine how the incentive to defect in a social dilemma affects conditional cooperation. In our first … conditional cooperation is higher when the own gain from defecting is lower and when the loss imposed on the first mover from … role of social preferences in conditional cooperation …
Persistent link: https://www.econbiz.de/10014077010
We consider the psychological and social foundations of human contributions and punishments in a voluntary contributions mechanism with punishment (VCMP). We eliminate ‘dynamic economic linkages’ between the two stages of our ‘modified’ VCMP to rule out other potential explanations. We...
Persistent link: https://www.econbiz.de/10014262745
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10013315042
We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit … individuals' cooperation preferences in one experiment and use them as well as subjects' elicited beliefs to explain contributions … based on this data, we show that the decline of cooperation can be driven by the fact that most people have a preference to …
Persistent link: https://www.econbiz.de/10010273781
-1367), who study cooperation and punishment in sixteen subject pools from six different world cultures (as classified by … cultural background relative to individual heterogeneity and group-level differences in cooperation. We find that culture has a … substantial influence on the extent of cooperation, in addition to individual heterogeneity and group-level differences identified …
Persistent link: https://www.econbiz.de/10010273873
interpreted as evidence for the passing of cultural traits across generations and for cooperation being sustained by values rather …
Persistent link: https://www.econbiz.de/10010274946
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation … finding is that in our setting conditional cooperation is not a strong enough force to increase contribution levels. Although … cooperation and puts some doubt on the idea that it is crucial in overcoming social dilemma problems. …
Persistent link: https://www.econbiz.de/10010277375