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Do reciprocators exploit or resist moral wiggle room? : an experimental analysis
Matthey, Astrid; Regner, Tobias - 2015
By now there is substantial experimental evidence that people make use of "moral wiggle room" (Dana et al., 2007), that is, they tend to exploit moral excuses for selfish behavior. However, this evidence is limited to dictator games. In our experiment, a trust game variant, we study whether...
Persistent link: https://www.econbiz.de/10011446176
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Reciprocity under moral wiggle room : is it a preference or a constraint?
Regner, Tobias - 2016
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011576929
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Can a bonus overcome moral hazard? : experimental evidence from markets for expert services
Angelova, Vera; Regner, Tobias - 2018
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
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Overweighting private information : three measures, one bias?
Fellner, Gerlinde; Krügel, Sebastian - 2010
Overweighting private information is often used to explain various detrimental decisions. In behavioral economics and finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed overconfidence and linked to the judgment literature in...
Persistent link: https://www.econbiz.de/10008669956
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Imperfect recall and time inconsistencies : an experimental test of the absentminded driver “paradox”
Levati, M. Vittoria; Uhl, Matthias; Zultan, Ro'i - 2010
Absentmindedness is a special case of imperfect recall which according to Piccione and Rubinstein (1997a) leads to time inconsistencies. Aumann, Hart and Perry (1997a) question their argument and show how dynamic inconsistencies can be resolved. The present paper explores this issue from a...
Persistent link: https://www.econbiz.de/10003980493
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Generosity, greed and gambling : what difference does asymmetric information in bargaining make?
Klempt, Charlotte; Pull, Kerstin - 2009
We analyze the effects of asymmetric information concerning the size of a pie on proposer behavior in three different bargaining situations: the ultimatum game, the Yes-No-game and the dictator game. Our data show that (a) irrespective of the information condition, proposer generosity increases...
Persistent link: https://www.econbiz.de/10003824174
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Thinking in Chinese vs. thinking in English : social preference and risk attitudes of multicultural minds
Li, King King - 2010
This paper investigates whether language priming activates different cultural identities and norms associated with the language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in the English treatment. The main findings are: (1) in...
Persistent link: https://www.econbiz.de/10008688574
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Other-regarding behaviour : testing guilt- and reciprocity-based models
Regner, Tobias; Harth, Nicole S. - 2010
returned. -- social preferences ; other-regarding behaviour ; experiments ; trust game ; guilt aversion ; beliefs … beliefs and actions into the utility function. We test the robustness of two types of intentions-based models (guilt aversion … and reciprocity). In addition to incentivised elicitation of first- and second-order action beliefs, we assess …
Persistent link: https://www.econbiz.de/10008689019
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Equity versus efficiency? : Evidence from three-person generosity experiments
Güth, Werner; Pull, Kerstin; Stadler, Manfred; … - 2010
In two-person generosity games the proposer's agreement payoff is exogenously given whereas that of the responder is endogenously determined by the proposer's choice of the pie size. Earlier results for two-person generosity games show that participants seem to care more for efficiency than for...
Persistent link: https://www.econbiz.de/10003952438
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What renders financial advisors less treacherous? : on commissions and reciprocity
Angelova, Vera - 2010
. -- financial advisors ; moral hazard ; reciprocity ; experiments …
Persistent link: https://www.econbiz.de/10003980494