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Existing research supports two opposing mechanisms through which positive mood might affect cooperation. Some studies have suggested that positive mood produces more altruistic, open and helpful behavior, fostering cooperation. However, there is contrasting research supporting the idea that...
Persistent link: https://www.econbiz.de/10011760094
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013345861
Ambiguous prospects are ubiquitous in social and economic life, but the psychological foundations of behavior under ambiguity are still not well understood. One of the most robust empirical regularities is the strong correlation between attitudes towards ambiguity and compound risk which...
Persistent link: https://www.econbiz.de/10014544917
In an experiment on the repeated prisoner’s dilemma where intended actions are implemented with noise, Fudenberg et al …
Persistent link: https://www.econbiz.de/10012805575
studied in a controlled lab experiment. We present a novel experiment where subjects can compete against each other, but the …
Persistent link: https://www.econbiz.de/10012015779
-scale experiment. Choices react significantly to the stakes and to the size of the choice set. Our experiment rationalizes the gender …
Persistent link: https://www.econbiz.de/10009568710
three experiments (N = 1,993): in a preliminary experiment, we vary the payoffs over a large range. In our first main … experiment (Study 1), we present a novel design that varies payoffs orthogonally in a within-subjects design. Our second main … experiment, Study 2, investigates the orthogonal variation of payoffs in a between-subjects design. In a complementary analysis …
Persistent link: https://www.econbiz.de/10014493805
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011308480
In addition to discrimination, market power, and human capital, gender differences in risk preferences might also contribute to observed gender wage gaps. We conduct laboratory experiments in which subjects choose between a risky (in terms of exposure to unemployment) and a secure job after...
Persistent link: https://www.econbiz.de/10011521155
the theoretical benchmark with behavior observed in a one-shot experiment. …
Persistent link: https://www.econbiz.de/10011997551