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Reciprocity and emotions when reciprocators know each other
Reuben, Ernesto; van Winden, Frans - 2006
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10010261421
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Spin Doctors : A Model and an Experimental Investigation of Vague Disclosure
Deversi, Marvin - 2018
such positive spin? We use a theoretical model and a laboratory experiment to study the strategic use of vagueness in a … interval that contains her actual type. Theory predicts that when facing a possibly naive receiver, the sender discloses an … interval that separates her from worse types but is upwardly vague. Senders in the experiment adopt this strategy and some …
Persistent link: https://www.econbiz.de/10012908648
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Institutions, Opportunism and Prosocial Behavior : Some Experimental Evidence
Cabrales, Antonio - 2020
prosocial behavior. We conduct a large-scale online experiment where we add the possibility of purchasing insurance to safeguard …
Persistent link: https://www.econbiz.de/10012832187
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Coordination with Differential Time Preferences : Experimental Evidence
Agranov, Marina; Kim, Jeongbin; Yariv, Leeat - 2023
The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effects of discounting differentials in...
Persistent link: https://www.econbiz.de/10014348138
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Are Groups More Rational than Individuals? A Review of Interactive Decision Making in Groups
Kugler, Tamar - 2012
Many decisions are interactive; the outcome of one party depends not only on its decisions or on acts of nature but also on the decisions of others. In the present article, we review the literature on decision making made by groups of the past 25 years. Researchers have compared the strategic...
Persistent link: https://www.econbiz.de/10013111990
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Inequality, Life Expectancy, and the Intragenerational Redistribution Puzzle - Some Experimental Evidence
Krieger, Tim; Meemann, Christine; Traub, Stefan - 2022
-comes. This paper contributes to solving this puzzle by means of a controlled laboratory experiment. We study the causal …
Persistent link: https://www.econbiz.de/10013292508
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Endogenous Risk Attitudes
Netzer, Nick; Robson, Arthur J.; Steiner, Jakub; … - 2022
perception frictions. The model explains adaptive risk attitudes and probability weighting as in prospect theory and …
Persistent link: https://www.econbiz.de/10013306853
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The Devil You Know : Rational Inattention to Discrete Choices When Prior Information Matters
Pellegrino, Bruno - 2023
In the seminal rational inattention model of Matĕjka and McKay (2015), logit demand arises from the discrete choice of agents who are uncertain about choice payoffs and who have access to a flexible, costly information acquisition technology (RI-logit). A notable limitation of this powerful...
Persistent link: https://www.econbiz.de/10014358846
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The Distribution of Ambiguity Attitudes
Gaudecker, Hans-Martin von; Wogrolly, Axel; Zimpelmann, … - 2022
This paper analyzes the stability and distribution of ambiguity attitudes using a broad population sample. Using high-powered incentives, we collected six waves of data on ambiguity attitudes about financial markets—our main application—and climate change. Estimating a structural stochastic...
Persistent link: https://www.econbiz.de/10014241994
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Spite in Litigation
Mill, Wladislaw; Stäbler, Jonathan - 2023
the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and …
Persistent link: https://www.econbiz.de/10014260383