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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
knowledge. To assess the effect of information asymmetries on prosocial behavior, we conduct a laboratory experiment with a … a consequence and the main finding of our experiment, uninformed dictators behave more prosocially than informed …
Persistent link: https://www.econbiz.de/10010342476
observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
Persistent link: https://www.econbiz.de/10011659355
questions using a controlled dictator-game experiment and find the following main results. First, groups and individuals are not …
Persistent link: https://www.econbiz.de/10012798178
favoritism, merit-based fairness ideals, and self-favoring behavior in dictator games. We then show that these patterns also …
Persistent link: https://www.econbiz.de/10014576953
This paper analyzes a dynamic relational contract for employees with reciprocal preferences. I develop a tractable model to investigate how “direct” performance-pay (promising a bonus in exchange for effort) and generous upfront wages (which activate the norm of reciprocity) interact over...
Persistent link: https://www.econbiz.de/10012241077
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet … arising from previous transactions play an important role in shaping perceptions of fairness. Buyers used to high market … two classes of models of path-dependent fairness preferences - either based on endogenous fairness reference points or …
Persistent link: https://www.econbiz.de/10011482926
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common …
Persistent link: https://www.econbiz.de/10011398786
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how … the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013167956