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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

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

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

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

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

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

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

Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Fischbacher, Urs; Gaechter, Simon - CESifo - 2008

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 to a public good played repeatedly....

Persistent link: https://www.econbiz.de/10005765860

Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Fischbacher, Urs; Gächter, Simon - 2021

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 to a public good played repeatedly. We find...

Persistent link: https://www.econbiz.de/10013316430

Wages, Length of Relationship and Bargaining Power:An experimental study in a world of complete contracts

Dittrich, Dennis A. V. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

To explain potential sources of wage rigidity this article analyzes a model of reciprocalkindness applied to a repeated ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare compatible with the rentsharingapproach to wage...

Persistent link: https://www.econbiz.de/10005866814