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The investment game with asymmetric information
Coricelli, G.; Morales, L.G.; Mahlstedt, A. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are also elicited. Our results show that average...
Persistent link: https://www.econbiz.de/10005765175
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Does the trust game measure trust?
Brülhart, Marius; Usunier, Jean-Claude - In: Economics Letters 115 (2012) 1, pp. 20-23
Could altruism explain observed choices in the standard trust game? With dominant altruism, trustors would give more to … poor trustees. However, we find trustors to give no more to poor than to rich trustees, confirming trust as the dominant … motivation for “trust like” choices. …
Persistent link: https://www.econbiz.de/10011041876
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005765128
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Trust in cooperation or ability? – An experimental study on gender differences
Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003
We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005588002
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What does “clean” really mean? The implicit framing of decontextualized experiments
Engel, Christoph; Rand, David G. - In: Economics Letters 122 (2014) 3, pp. 386-389
It is standard in experimental economics to use decontextualized designs where payoff structures are presented using neutral language. Here we show that cooperation in such a neutrally framed Prisoner’s Dilemma is equivalent to a PD framed as contributing to a cooperative endeavour....
Persistent link: https://www.econbiz.de/10011041589
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Express Yourself: The Price of Fairness in a Simple Distribution Game
Nicklisch, Andreas - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
A simple two-person distribution game similar to the ultimatum game is introduced. However, unlike the standard ultimatum game, responders can determine the payoff for the proposer in case of rejection. Therefore, they can express their concerns in monetary quantities. The experimental data are...
Persistent link: https://www.econbiz.de/10005588010
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Estimation of social preferences in generalized dictator games
Breitmoser, Yves - In: Economics Letters 121 (2013) 2, pp. 192-197
To statistically infer the motives underlying pro-social behavior, econometric models of choice are required. Such inference is comparable across studies if the choice model yields estimates that are precise in-sample and robust out-of-sample. Analyzing two extensive dictator game data sets, I...
Persistent link: https://www.econbiz.de/10010709093
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On the social dimension of time and risk preferences: An experimental study
Levati, M. Vittoria; Güth, Werner; Ploner, Matteo - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005
We report on an experiment designed to explore the interrelation of other-regarding concerns with attitudes towards risk and delay when the latter have a social dimension, i.e., pertain to one's own and another person's payoffs. For this sake, we compare evaluations of several prospects, each of...
Persistent link: https://www.econbiz.de/10005765156
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Friedman, Harsanyi, Rawls, Boulding - Or Somebody Else? An Experimental Investigation of Distributive Justice
Traub, Stefan; Seidl, Christian; Schmidt, Ulrich; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
This paper investigates distributive justice using a fourfold experimental design: The ignorance and the risk scenarios are combined with the self-concern and the umpire modes. We study behavioral switches between self-concern and umpire mode and investigate the goodness of ten standards of...
Persistent link: https://www.econbiz.de/10005765215
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Fairness Versus Efficiency - An Experimental Study of (Mutual) Gift Giving -
Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
Retributive responses do play a role in human behavior. Whether they are primarily triggered by supposed intentions or by observed consequences of actions is an important question. It can be addressed by experimental studies of retributive responses in situations in which the individual actor...
Persistent link: https://www.econbiz.de/10005588006