Showing 1 - 10 of 32
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
Persistent link: https://www.econbiz.de/10011911886
the achievement of their (income) goals. Experiments show that behavioral factors such as trust and reciprocity play a …
Persistent link: https://www.econbiz.de/10013316175
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...
Persistent link: https://www.econbiz.de/10012965708
experimentally investigate the relationship between intrinsic and instrumental reciprocity by running a two-period repeated trust …, and that intrinsic reciprocity is rewarded. In fact, the total level of cooperation, in which trust is reciprocated, is …
Persistent link: https://www.econbiz.de/10013043209
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10013315834
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10013136881
Are humans intuitively cooperative, or do we need to deliberate in order to be generous to others? The Social Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper, we conduct a novel time-pressure experiment to shed...
Persistent link: https://www.econbiz.de/10012992006
To understand why investors hold socially responsible mutual funds, we link administrative data to survey responses and behavior in incentivized experiments. We find that both social preferences and social signaling explain socially responsible investment (SRI) decisions. Financial motives play...
Persistent link: https://www.econbiz.de/10012973937
determine individuals’ inclination to trust others? We implement an experimental environment that allows us to manipulate prior …’s willingness to trust others. We contrast this situation with a control condition where we keep all aspects of the prior …, subjects’ willingness to trust is substantially higher relative to subjects who made negative social experiences. No such …
Persistent link: https://www.econbiz.de/10013315368