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Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...
Persistent link: https://www.econbiz.de/10012548855
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012418242
field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …
Persistent link: https://www.econbiz.de/10012269649
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …
Persistent link: https://www.econbiz.de/10012270691
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de/10014382489
framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …
Persistent link: https://www.econbiz.de/10012310862
Jordan. Using a simple sharing experiment, we find only little discrimination. Among the Jordanian children, however, we see …
Persistent link: https://www.econbiz.de/10012269292