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The investment game with asymmetric information
Coricelli, Giorgi; Morales, Luis Gonzalez; Mahlstedt, Amelie - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are also elicited. Our resultsshow that average payback...
Persistent link: https://www.econbiz.de/10005866876
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005866861
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Religion and trust: an experimental study
Tan, Jonathan H. W.; Vogel, Claudia - 2005
We investigate the relationship between religion and trust. Using a questionnaire, we measure: i) general religiosity …, and; ii) the extent of religious beliefs, experience, and ritual. These are then analyzed with behaviour in a trust game …
Persistent link: https://www.econbiz.de/10010297242
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Trust in cooperation or ability? - An experimental study on gender differences
Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005866903
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Are we nice(r) to nice(r) people? An Experimental Analysis
Albert, Max; Güth, Werner; Kirchler, Erich; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their …
Persistent link: https://www.econbiz.de/10005867074
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Fairness versus Efficiency - An Experimental Study of (Mutual) Gift Giving
Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
Fairness is a strong concern as shown by dictator and ultimatum experiments. Efficiency, measured by the sum of individual payoffs, is a potentially competing concern in games such as the prisoners' dilemma. In our experiment participants can increase efficiency by gift giving. In the one-sided...
Persistent link: https://www.econbiz.de/10005867006
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Efficiency-Morality Trade-Offs in Repugnant Transactions : A Choice Experiment
Elias, Julio - 2016
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10012979667
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From the lab to the field: envelopes, dictators and manners
Stoop, Jan - Volkswirtschaftliche Fakultät, … - 2012
Results are reported of the first natural field experiment on the dictator game, where subjects are unaware that they participate in an experiment. In contrast to predictions of the standard economic model, dictators show a large degree of pro-social behavior. This paper builds a bridge from the...
Persistent link: https://www.econbiz.de/10009652044
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An Egalitarian Regime Breeds Generosity: The Effect of Endowment Allocation Procedures on Social Preferences
Riyanto, Yohanes Eko; Zhang, Jianlin - Volkswirtschaftliche Fakultät, … - 2010
We experimentally investigate the effect of endowment allocation procedures on social preferences using a two-stage dictator game. In the first stage, participants who were randomly selected as allocators had to perform a task in order to earn money. Better performance on the task resulted in...
Persistent link: https://www.econbiz.de/10008529249
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Modeling Social Preferences: A Generalized Model of Inequity Aversion
Khan, Hayat - Volkswirtschaftliche Fakultät, … - 2009
Taking note of the wide variety and growing list of models in the literature to explain patterns of behavior observed in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes under variety or alternative scenarios) and the Psychological...
Persistent link: https://www.econbiz.de/10005108450