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Persistent link: https://www.econbiz.de/10014321396
This paper demonstrates that cooperation in international environmental negotiations can be explained by preferences for equity. Within a N-country prisoner's dilemma in which agents can either cooperate or defect, in addition to the standard non-cooperative equilibrium, cooperation of a large...
Persistent link: https://www.econbiz.de/10013428398
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How can naivete about present bias persist despite experience? To answer this question, our experiment investigates participants' ability to learn from their own behavior. Participants decide how much to work on a real effort task on two predetermined dates. In the week preceding each work date,...
Persistent link: https://www.econbiz.de/10011976128
between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by …
Persistent link: https://www.econbiz.de/10014323610
prospect theory and, according to Daniel Kahneman, “the most significant contribution of psychology to behavioral economics …” (Kahneman, 2011, p. 300). It has powerful implications for decision theory and has been fruitfully applied in many subfields of …
Persistent link: https://www.econbiz.de/10014487321
We consider generalized sender-receiver games in which the sender also has a decision to make, but this decision does not directly affect the receiver. We introduce specific perfect Bayesian equilibria, in which the players agree on a joint decision after that a message has been sent ("talk and...
Persistent link: https://www.econbiz.de/10011626740
This paper experimentally studies two simple interventions aimed at increasing public goods provision in settings in which accurate feedback about contributions is not available. The first intervention aims to exploit lying aversion by requiring subjects to send a non-verifiable ex post...
Persistent link: https://www.econbiz.de/10011982104
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and financial as well as non-financial rewards. In total, 910 employees of a large software company participate in an incentivized online experiment. We observe high levels of...
Persistent link: https://www.econbiz.de/10012236842
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