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In this paper we show that a simple model of fairness preferences explains major experimental regularities of common … pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10011398786
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in …In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans … that ultimate theories of kin selection, reciprocal altruism, costly signaling and indirect reciprocity do not provide …
Persistent link: https://www.econbiz.de/10011514175
by eroding motivation. The present paper shows that intention-based reciprocity can cause such motivational crowding …-out if individuals differ in their propensity for reciprocity and preferences are private information. Not being controlled …. -- extrinsic and intrinsic motivation ; crowding-out ; intention-based reciprocity ; incomplete information ; hidden costs of …
Persistent link: https://www.econbiz.de/10009272298
Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias,...
Persistent link: https://www.econbiz.de/10014422558
This paper reports results from a classroom dictator game comparing the effects of three different sets of standard instructions. The results show that seemingly small differences in instructions induce fundamentally different perceptions regarding entitlement. Behavior is affected accordingly,...
Persistent link: https://www.econbiz.de/10011847573
warm-glow motive. Second, the paper confirms the economic relevance of reciprocity by using field data. This extends the … current body of research on reciprocity, which is almost exclusively confined to laboratory studies. …
Persistent link: https://www.econbiz.de/10011449553
In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...
Persistent link: https://www.econbiz.de/10003983187
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10011514018
making ; choice behavior ; public goods ; experimental economics ; altruism ; fairness ; conditional reciprocity …-world dimension of free riding. In a cash-in-advance economy, free riding becomes a two-stage problem, while existing experiments only … the public good and leisure is valuable. Existing experiments start with a given number of "tokens" for each decision …
Persistent link: https://www.econbiz.de/10008697050