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On the Nature, Modeling, and Neural Bases of Social Ties

van Winden, Frans; Stallen, Mirre; Ridderinkhof, K. Richard - 2008

<b>Purpose:</b><br>This paper addresses the nature, formalization, and neural bases of (affective) social ties anddiscusses the relevance of ties for health economics. A social tie is defined as an affectiveweight attached by an individual to the well-being of another individual ('utilityinterdependence')....

Persistent link: https://www.econbiz.de/10010325717

Social Ties in a Public Good Experiment

van Dijk, Frans; Sonnemans, Joep; van Winden, Frans - 1996

The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment consists of three parts. In the first part the value orientation (attitude to a generalized other) ismeasured. In the second part couples play 25 periods of a public good game. In...

Persistent link: https://www.econbiz.de/10010324555

Negative Reciprocity and the Interaction of Emotions and Fairness Norms

Reuben, Ernesto; van Winden, Frans - 2005

fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role … behavior depending on their fairness perceptions, their experienced emotions, and their interaction with responders. We find … that fairness plays an important role in the behavior of proposers. Specifically, deviations from a perceived fairness norm …

Persistent link: https://www.econbiz.de/10010325446

Partners contribute more to Public Goods than Strangers: Conditional Cooperation

Keser, Claudia; van Winden, Frans - 1997

In a series of experiments, we compare a situation where the same group of four subjects plays 25 repetitions of a public good game (partners condition) to a situation where subjects play this game in changing group formations over 25 periods (strangers condition). We observe that, on aggregate...

Persistent link: https://www.econbiz.de/10010324650

SETS, Arbitrage Activity, and Stock Price Dynamics

Taylor, Nick; van Dijk, Dick; Franses, Philip Hans; … - 1999

This paper provides an empirical description of the relationshipbetween the trading system operated by a stockexchange and the transaction costs faced by heterogeneous investors who use the exchange. Therecent introduction ofSETS in the London Stock Exchange provides an excellent opportunity...

Persistent link: https://www.econbiz.de/10010324378

An Experimental Investigation of Wage Taxation and Unemployment in Closed and Open Economies

Riedl, Arno; van Winden, Frans - 2000

We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed economy and an international economy. The main findings are the following. (i) There is clear evidence of a vicious circle in the dynamic interaction between the wage tax and...

Persistent link: https://www.econbiz.de/10010324476

Incentive Systems in a Real Effort Experiment

van Dijk, Frans; Sonnemans, Joep; van Winden, Frans - 1998

In the reported experiment different payment schemes are examined on theirincentive effects. Payment based on individual, team and relative performance are compared. Subjects conducted computerized tasks that required substantial effort. The results show that individual and team payment induced...

Persistent link: https://www.econbiz.de/10010324549

Emotional Hazard and Real Effort in a Power-to-Take Game

Bosman, Ronald; Sutter, Matthias; van Winden, Frans - 2000

This paper experimentally investigates whether agents behavedifferently if their own earnings are atstake (effort experiment) or a budget that is provided to them likea sort of manna from heaven(no-effort experiment) . We use the so-called power-to-take game,employed by Bosman & VanWinden (1999)...

Persistent link: https://www.econbiz.de/10010324584

Short Patches of Outliers, ARCH and Volatility Modeling

Franses, Philip Hans; van Dijk, Dick; Lucas, André - 1998

In this paper we test for (Generalized) AutoRegressive Conditional Heteroskedasticity [(G)ARCH] in daily data on 22 exchange rates and 13 stock market indices using the standard Lagrange Multiplier [LM] test for GARCH and a LM test that is resistant to patches of additive outliers. The data span...

Persistent link: https://www.econbiz.de/10010324601

Long Memory and Level Shifts: Re-Analyzing Inflation Rates

Bos, Charles S.; Franses, Philip Hans; Ooms, Marius - 1998

A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long-lasting effect. It may however be that empirical evidence for long memory is caused by neglecting one or more level shifts. Since such level shifts are not unlikely for inflation,...

Persistent link: https://www.econbiz.de/10010324616