Showing 1 - 10 of 61
We explore whether individuals are averse to telling a Pareto white lie-a lie that benefits both themselves and another. We first review and summarize the existing evidence on Pareto white lies. We find that the evidence is relatively limited and varied in its conclusions. We then present new...
Persistent link: https://www.econbiz.de/10012432522
We investigate why a firm might purposefully hire a chief executive officer (CEO) who under- or over-estimates the degree of substitutability between competing products. This counterintuitive result arises in imperfect competition because CEO bias can affect rival behavior and the intensity of...
Persistent link: https://www.econbiz.de/10013172500
The Government of Colombia imposes a variety of taxes that must be paid by individual wage earners, called in their entirety "social protection contributions". Since 2007 individual payments have been collected using an on-line mechanism. In order to improve compliance, the Government used a...
Persistent link: https://www.econbiz.de/10012167826
-negligible degrees of imprecision and error. This observation raises the more general question of whether mechanisms that work in theory …
Persistent link: https://www.econbiz.de/10011771262
By way of a field experiment conducted at a university cafeteria this paper finds that placing a vegetarian option instead of a meat option at the top of a menu decreases the share of meat dishes sold by 11%. This translates to a 6% decrease of daily emissions due to food sales. Using data on...
Persistent link: https://www.econbiz.de/10012432523
This literature review focuses on cultural-related studies and game theory. First of all, it analyzes how social … can affect strategic decision making and how game theory could predict cooperations and conflicts. Overall, this study … aims to highlight the applicability of game theory in the modeling of cultural transformation and its interaction with …
Persistent link: https://www.econbiz.de/10015073248
We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a dictator game variant subjects can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of subjects showing other-regarding behavior...
Persistent link: https://www.econbiz.de/10009752432
The literature on social norms has often stressed that social disapproval is crucial to foster compliance with norms and promote fair and cooperative behavior. With this in mind, we explore the disapproval of allocation decisions using experimental data from five dictator games with a feedback...
Persistent link: https://www.econbiz.de/10009752852
In this paper, we claim that agents confronting with new interactive situations apply behavioral heuristics that drastically reduce the problem complexity either by neglecting the other players’ incentives, or by restricting attention to subsets of “salient” outcomes. We postulate that...
Persistent link: https://www.econbiz.de/10010240816
and transparency are costly and optional exposes a middle ground between standard game theory without mindsight and … evolution of preferences theory with obligatory and costless mindsight. We show that the only evolutionarily stable monomorphic …
Persistent link: https://www.econbiz.de/10011550559