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in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012010646
Under simple majority voting an absolute majority of voters may choose policies that are harmful to minorities. It is … the purpose of sub- and super-majority rules to protect legitimate minority interests. We study how voting rules are … choose voting rules for given distributions of gains and losses that can arise from a policy, but before learning their own …
Persistent link: https://www.econbiz.de/10014476824
International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best interest of governments who are guided by strategic considerations in negotiations. We...
Persistent link: https://www.econbiz.de/10012215277
Persistent link: https://www.econbiz.de/10013428483
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011697162
This paper experimentally investigates how concerns for social approval relate to intrinsic motivations to purchase ethically. Participants state their willingness-to-pay for both a fair trade and a conventional chocolate bar in private or publicly. A standard model of social image predicts that...
Persistent link: https://www.econbiz.de/10011895829
We investigate experimentally whether social learners appreciate the redundancy of information conveyed by their observed predecessors' actions. Each participant observes a private signal and enters an estimate of the sum of all earlier-moving participants' signals plus her own. In a first...
Persistent link: https://www.econbiz.de/10011899219
Persistent link: https://www.econbiz.de/10014302348
We present the first comprehensive evidence on the role of cognitive ability and personality traits in the selection of electoral candidates and election of politicians. Using unique data that combine population registers and election statistics from local government elections in Finland with...
Persistent link: https://www.econbiz.de/10013280142
Laboratory evidence shows that when people have to argue for a given position, they persuade themselves about the position’s factual and moral superiority. Such self-persuasion limits the potential of communication to resolve conflict and reduce polarization. We test for this phenomenon in a...
Persistent link: https://www.econbiz.de/10013191465