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March, Christoph - 2016

We report two information cascade game experiments that directly test the impact of altruism on observational learning … opportunities to learn about the strategies played by observed which amplifies the impact of altruism on observational learning …

Persistent link: https://www.econbiz.de/10012995188

Adaptive Social Learning

March, Christoph - 2016

The paper investigates social-learning when the information structure is not commonly known. Individuals repeatedly … interact in social-learning settings with distinct information structures. In each round of interaction, they use their … behavior in the long-run if and only if individuals distinguish social-learning settings and receive rich feedback after each …

Persistent link: https://www.econbiz.de/10012996206

Ambiguity Aversion is the Exception

Kocher, Martin G.; Lahno, Amrei M.; Trautmann, Stefan T. - CESifo - 2015

An extensive literature has studied ambiguity aversion in economic decision making, and how ambiguity aversion can account for empirically observed violations of expected utility-based theories. Almost all relevant applied models presume a general dislike of ambiguity. In this paper, we provide...

Persistent link: https://www.econbiz.de/10011205383

Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior

Sutter, Matthias; Kocher, Martin G.; Rützler, Daniela; … - CESifo - 2011

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of...

Persistent link: https://www.econbiz.de/10009364730

The Tradeoff Between Redistribution and Effort: Evidence from the Field and from the Lab

Buch, Claudia M.; Engel, Christoph - CESifo - 2012

Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...

Persistent link: https://www.econbiz.de/10010547897

Strong, Bold, and Kind: Self-Control and Cooperation in Social Dilemmas

Kocher, Martin G.; Martinsson, Peter; Myrseth, Kristian … - CESifo - 2013

We develop a model that relates self-control and conflict identification to cooperation patterns in social dilemmas. As predicted, we find in a laboratory public goods experiment a robust association between stronger self-control and higher levels of cooperation. This means that there is...

Persistent link: https://www.econbiz.de/10010639421

Cheating and Loss Aversion: Do People Lie More to Avoid a Loss?

Grolleau, Gilles; Kocher, Martin G.; Sutan, Angela - CESifo - 2014

Does the extent of cheating depend on a proper reference point? We use a real effort task that implements a two (gain versus loss frame) times two (monitored performance versus unmonitored performance) between-subjects design to examine whether cheating is reference-dependent. Our experimental...

Persistent link: https://www.econbiz.de/10010948874

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

Ambiguity aversion is the exception

Kocher, Martin G.; Lahno, Amrei Marie; Trautmann, Stefan T. - 2015

Persistent link: https://www.econbiz.de/10010531615

Bargaining under time pressure

Karagözoğlu, Emin; Kocher, Martin G. - 2015

We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned status and competing reference points. Our results show that average opening proposals, concessions, and agreed shares are very similar across different levels of time pressure....

Persistent link: https://www.econbiz.de/10011498371