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conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal …
Persistent link: https://www.econbiz.de/10011514018
The Lindahl equilibrium is mostly motivated by a rather artificial price mechanism. Even though the analogy to a competitive market has been emphasised by Lindahl himself his approach does not directly explain the normative ideas, which are behind this concept. In the present paper we therefore...
Persistent link: https://www.econbiz.de/10003121009
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 Power-to-Take Game. In this 2-person game, player 1 can...
Persistent link: https://www.econbiz.de/10011451382
role of entitlements in negotiations has not received much attention. We fill the gap by designing an experiment that …
Persistent link: https://www.econbiz.de/10011409699
Persistent link: https://www.econbiz.de/10003647263
consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can …
Persistent link: https://www.econbiz.de/10009764955
investigates preferences for affirmative action by combining causal evidence from an experiment on the role of self-serving motives …
Persistent link: https://www.econbiz.de/10014444043
-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit …
Persistent link: https://www.econbiz.de/10013418834
substantial public information which increases the earnings of participants. In Experiment 2, participants have better …
Persistent link: https://www.econbiz.de/10011436128
participated in our experiment in groups of up to 100 subjects. The results confirm that first-round contributions increase with …
Persistent link: https://www.econbiz.de/10010424887