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Choosing a partner for social exchange : charitable giving as a signal of trustworthiness

Fehrler, Sebastian; Przepiorka, Wojtek - 2016

People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange games, in which the trustor can choose the trustee, we study whether trustees can signal their...

Persistent link: https://www.econbiz.de/10011493873

The complexity of economic policy : I. Restricted local optima in tax policy design

Saint-Paul, Gilles - 2002

Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...

Persistent link: https://www.econbiz.de/10011411222

Cognitive skills, strategic sophistication, and life outcomes

Fe, Eduardo; Gill, David; Prowse, Victoria - 2020

emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven … hundred children in a variety of strategic interactions. First, we find that theory-of-mind ability and cognitive ability both … provides support for the emergence of a sophisticated strategic theory-of-mind. Third, theory-of-mind and age strongly predict …

Persistent link: https://www.econbiz.de/10012322040

Cognitive skills and the development of strategic sophistication

Fe, Eduardo; Gill, David - 2018

The wage effect of job-education vertical mismatch (i.e. overeducation) has only recently been investigated in the case of Ph.D. holders. The existing contributions rely on OLS estimates that allow measuring the average effect of being mismatched at the mean of the conditional wages...

Persistent link: https://www.econbiz.de/10011798125

How cognitive skills affect strategic behavior : cognitive ability, fluid intelligence and judgment

Gill, David; Knepper, Zachary; Prowse, Victoria; Zhou, Junya - 2024

We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...

Persistent link: https://www.econbiz.de/10014584425

The rapid evolution of homo economicus : brief exposure to neoclassical assumptions increases self-interested behavior

Ifcher, John; Zarghamee, Homa S. - 2016

Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...

Persistent link: https://www.econbiz.de/10011528153

Money illusion and coordination failure

Fehr, Ernst (contributor); Tyran, Jean-Robert (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001908046

Why praise inequality? : public good provision, income distribution and social welfare

Dasgupta, Indraneel - 2009

We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....

Persistent link: https://www.econbiz.de/10003808609

Third-party vs. second-party control : disentangling the role of autonomy and reciprocity

Burdín, Gabriel; Halliday, Simon D.; Landini, Fabio - 2015

This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided an alternative explanation based on reciprocity....

Persistent link: https://www.econbiz.de/10011308435

Gender effects, culture and social influence in the dictator game : an Italian study

O'Higgins, Shane Niall; Palomba, Arturo; Sbriglia, Patrizia - 2015

There is little consensus on whether women are more generous than men; some research results indicate a higher propensity towards giving of female dictators, whilst others suggest the opposite. Two explanations have been put forward. According to the first one, women are more generous than men...

Persistent link: https://www.econbiz.de/10010488294

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