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This paper provides experimental evidence showing that indirectreciprocity may important in economic decision making and in thedevelopment of group norms. We study a `repeated helping game' withrandom pairing in large groups, with individuals equally dividedbetween donors and recipients. Donors...
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While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than …-subjects design we re-examine group polarization by letting subjects make individual as well as team decisions in an experimental … dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …
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Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
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This paper shows how a firm can use non-targeted advertising to exploit consumers' desire for social status. A monopolist sells multiple varieties of a good to consumers who each care about what others believe about his wealth. Advertising allows consumers both to buy different varieties and to...
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