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Betrayal aversion versus principled trustfulness—How to explain risk avoidance and risky choices in trust games

Fetchenhauer, Detlef; Dunning, David - In: Journal of Economic Behavior & Organization 81 (2012) 2, pp. 534-541

Are decisions in a trust game more or less sensitive to changes in risk than decisions in a purely financial, non …-social decision-making task? Participants in a binary trust game (they could either keep $5 for sure or give it to a trustee with the … 80 percent and then were asked to decide whether to trust that other person. In addition, participants made a decision in …

Persistent link: https://www.econbiz.de/10011048084

Signs and (counter)signals of trustworthiness

Gambetta, Diego; Székely, Áron - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 281-297

trust game. Subjects play a dictator game unaware that later they will play a trust game and that their level of generosity … in the dictator game will be revealed to trusters, with some inaccuracy, before trusters decide whether to trust or not …

Persistent link: https://www.econbiz.de/10011048230

Availability of information and representation effects in the centipede game

Crosetto, Paolo; Mantovani, Marco - 2012

presentation of the centipede as a repeated trust game. Our results could be interpreted as cognitive limitations being more …

Persistent link: https://www.econbiz.de/10010291805

Intentions and consequences: An experimental investigation of trust and reciprocity determinants

Güth, Werner; Mugera, Harriet; Musau, Andrew; Ploner, … - 2012

We experimentally manipulate the efficiency of trust and reciprocity in a modified Investment Game. The aim of our … manipulation is to test whether reciprocity is mainly affected by payoff consequences of trust or by intentions underlying it. We … find that intentions matter and that consequences have an asymmetric impact: trustees reward trust more when trust is more …

Persistent link: https://www.econbiz.de/10010291809

Would You Mind if I Get More? An Experimental Study of the Envy Game

Casal, Sandro; Güth, Werner; Jia, Mofei; Ploner, Matteo - Wirtschaftswissenschaftliche Fakultät, … - 2011

Envy is often the cause of mutually harmful outcomes. We experimentally study the impact of envy in a bargaining setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the size of the pie to be shared with a responder, whose share...

Persistent link: https://www.econbiz.de/10009358618

Would you mind if I get more? An experimental study of the envy game

Casal, Sandro; Güth, Werner; Jia, Mofei; Ploner, Matteo - In: Journal of Economic Behavior & Organization 84 (2012) 3, pp. 857-865

Persistent link: https://www.econbiz.de/10011048077

Strategic ignorance in ultimatum bargaining

Conrads, Julian; Irlenbusch, Bernd - In: Journal of Economic Behavior & Organization 92 (2013) C, pp. 104-115

In his classic article “An Essay on Bargaining” Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave-it bargaining experiment where the proposer can choose between two possible offers....

Persistent link: https://www.econbiz.de/10011048133

An experiment investigating the spill-over effects of voicing outrage

Koukoumelis, Anastasios; Levati, M. Vittoria - Wirtschaftswissenschaftliche Fakultät, … - 2012

We report on an experiment designed to explore whether and how anger affects future levels of cooperation. Participants play three consecutive one-shot games. In between two identical two-person public goods games there is a mini dictator game that, depending on the treatment, either gives or...

Persistent link: https://www.econbiz.de/10009653008

Racial differences in inequality aversion: Evidence from real world respondents in the ultimatum game

Griffin, John; Nickerson, David; Wozniak, Abigail - In: Journal of Economic Behavior & Organization 84 (2012) 2, pp. 600-617

The distinct historical and cultural experiences of American blacks and whites may influence whether members of these groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game. We focus on...

Persistent link: https://www.econbiz.de/10010594596

On the Context-Dependency of Inequality Aversion - Experimental Evidence and a Stylized Model -

Bäker, Agnes; Güth, Werner; Pull, Kerstin; Stadler, … - Wirtschaftswissenschaftliche Fakultät, … - 2012

We consider three-person envy games with a proposer, a responder, and a dummy player. In this class of games, the proposer, rather than allocating a constant pie, chooses the pie size which the responder can then accept or reject while the dummy player can only refuse his own share. While the...

Persistent link: https://www.econbiz.de/10010551525