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We study consumers' concerns for the ideological values of their market counterparts and the implications of such concerns for the public promotion of values. Using a survey and online and laboratory experiments, we find that consumers are willing to pay premiums to exchange with counterparts...
Persistent link: https://www.econbiz.de/10014443727
democracy. We also find that individuals who have a positive attitude towards China are more likely to value democracy. In …
Persistent link: https://www.econbiz.de/10013266063
the quasi-natural experiment generated by the radical Napoleonic institutional reforms and the deeply rooted cultural … stronger ties to French culture exhibit a more effective transplant even when controlling for institutional proximity. Our …
Persistent link: https://www.econbiz.de/10011405198
subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …
Persistent link: https://www.econbiz.de/10009792228
We report experimental findings on the role of charitable promises in bargaining settings. We vary the enforceability of such promises within variants of ultimatum games where the proposer suggest a split between himself, the responder and a char-itable donation. By reneging on initial pledges,...
Persistent link: https://www.econbiz.de/10012534829
The impact of culture on non-kin cooperation has been singled out as critical for economic activity. However, causal … evidence of culture's influence on cooperation remains scant. In this paper we provide such evidence, focusing on two key … components of culture: preferences and beliefs. Adopting the view that culture is one aspect of an individual's multi …
Persistent link: https://www.econbiz.de/10012508741
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
Previous research shows that collective action to avoid a catastrophic threshold, such as a climate "tipping point", is unaffected by uncertainty about the impact of crossing the threshold but that collective action collapses if the location of the threshold is uncertain. Theory suggests that...
Persistent link: https://www.econbiz.de/10010249688
their contribution costs. We test the model in a laboratory experiment paying particular attention to how behavioral …
Persistent link: https://www.econbiz.de/10010361371
We experimentally investigate a bargaining environment in which players negotiate over a fixed payment to one player, while the other player receives the residual from a random pie realization after subtracting the fixed payment. Contrary to the intuition that risk exposure is detrimental, we...
Persistent link: https://www.econbiz.de/10010438024