Showing 1 - 10 of 683
monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we …
Persistent link: https://www.econbiz.de/10013024731
This paper experimentally investigates how monetary incentives and emotions influence behaviour in a two-player power … by destroying his or her own endowment. We focus on how stake size (endowment) and emotions influence responses in China … small stake size. Second, emotions related to anger and joy mediate the impact of the take rate on destruction. Third …
Persistent link: https://www.econbiz.de/10012992607
experimentally investigate the relationship between intrinsic and instrumental reciprocity by running a two-period repeated trust … do not know and hence the second period comes as a surprise. We find that subjects anticipate instrumental reciprocity …, 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
We use an incentivized experimental game to uncover heterogeneity in other-regarding preferences among salespeople in a large Austrian retail chain. Our results show that the majority of agents take the welfare of others into account but a significant fraction reveals self-regarding behavior....
Persistent link: https://www.econbiz.de/10013315418
Persistent link: https://www.econbiz.de/10012977490
in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
Persistent link: https://www.econbiz.de/10012986649
This paper investigates how heterogeneity in contestants’ investment costs affects the competition intensity in a dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition intensity in homogeneous interactions. Relative cost...
Persistent link: https://www.econbiz.de/10013315707
This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10013316350
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly … reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …-reported anger highlights the importance of using both techniques for studying reciprocity. …
Persistent link: https://www.econbiz.de/10005766252
authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment …. In this experimental study, we are primarily interested in how emotions influence responder behavior. Our findings are … significantly decreases the intensity of joy and happiness. Since negative emotions are experienced as painful, there is direct …
Persistent link: https://www.econbiz.de/10005181557