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Of Morals, Markets and Mice : A Comment on Falk and Szech

Breyer, Friedrich; Weimann, Joachim - 2021

A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...

Persistent link: https://www.econbiz.de/10013315611

Of Morals, Markets and Mice: A Comment on Falk and Szech

Breyer, Friedrich; Weimann, Joachim - CESifo - 2014

A recent experimental study by Falk and Szech (Science, 2013) concludes that „markets erode moral values”. If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no...

Persistent link: https://www.econbiz.de/10010761528

The Provision of Public Goods with Positive GroupInterdependencies

Güth, Werner; Sääksvuori, Lauri - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

This article examines the nature of human behavior in a nested socialdilemma referred to as the Spillover Game. Players are divided into twogroups with positive production interdependencies. Based on theoreticallyderived opportunistic, local, and global optima, our experimental...

Persistent link: https://www.econbiz.de/10009022157

Beyond Procedural Equity and Reciprocity

Chlaß, Nadine; Güth, Werner; Miettinen, Topi - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

Most research in economics models agents somehow motivated by out-comes. Here, we model agents motivated by procedures instead, whereprocedures are dened independently of an outcome. To that end, wedesign procedures which yield the same expected outcomes or carry thesame information on other's...

Persistent link: https://www.econbiz.de/10009022177

More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature

Güth, Werner; Kocher, Martin G. - CESifo - 2013

Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard...

Persistent link: https://www.econbiz.de/10010877980

Rules (of Bidding) to Generate Equal Stated Profits- An Axiomatic Approach -

Güth, Werner - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

Although one may hope to achieve equality of stated profits withoutenforcing it, one may not trust in such voluntary equality seeking andrather try to impose rules (of bidding) guaranteeing it.[...]

Persistent link: https://www.econbiz.de/10009022159

Procedurally Fair Collective Provision : Its Requirements and Experimental Functionality

Güth, Werner - 2014

This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism … to public projects provision. In the experiments, not all parties benefit from provision, and the projects' costs can be …

Persistent link: https://www.econbiz.de/10013060963

The Peculiar Power of Pairs

Sass, Markus - 2015

experiments with two and four subjects, which were conducted repeatedly three times at intervals of one week. Partner and stranger … treatments were employed to control for group composition effects. All the experiments were carried out without providing …

Persistent link: https://www.econbiz.de/10013025586

An Explanation of (First Round) Contributions in Public-Good Experiments

Weimann, Joachim - 2014

The dynamics of behavior observed in standard public-good experiments can be explained by imperfect conditional …

Persistent link: https://www.econbiz.de/10013044554

The Dynamics of Dictator Behavior

Sass, Markus; Timme, Florian; Weimann, Joachim - 2021

repetitions. To learn more about the dynamics of altruistic behavior, we use repeated standard dictator experiments. The dynamics … of prosocial behavior in these experiments depends on the strength of several effects that influence gift giving in … experiments of this kind. In particular, we investigate how social distance influences behavior in repeated dictator experiments …

Persistent link: https://www.econbiz.de/10013315543