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players to choose team remuneration in a series of laboratory experiments. This allows for high cooperation payoffs but also … provides individual free-riding incentives. Due to significant cooperation, we observe that, in team remuneration, participants …We present a model where each of two players chooses between remuneration based on either private or team effort …
Persistent link: https://www.econbiz.de/10009752421
A number of studies discuss whether and how economists differ from other disciplines in the amount that they contribute to public goods. We view this debate as incomplete because it neglects the willingness to sanction non-cooperative behavior, which is crucial for maintaining social order and...
Persistent link: https://www.econbiz.de/10011905088
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
Human cooperation, occurring without reciprocation and between unrelated individuals in large populations, represents … evidence for lower cooperation (i) when exposed to social information about peer cooperation levels than without such … observed cooperation was more likely to be caused by participants' general propensity to cooperate than by the effect of social …
Persistent link: https://www.econbiz.de/10012698108
Experimental social scientists working at research-intensive institutions deal inevitably with subjects who have most likely participated in previous experiments. It is an important methodological question to know whether participants that have acquired a high level of lab-sophistication show...
Persistent link: https://www.econbiz.de/10012493200
This paper presents an incentivized experiment analyzing the role of demographic characteristics in individual decision-making under uncertainty. Reactions to a natural source of uncertainty, payoffs in a TV game show, were measured using Fuzzy-set Qualitative Comparative Analysis (fsQCA),...
Persistent link: https://www.econbiz.de/10013252717
The theoretical literature on risk aversion and Expected Utility Theory is extensive; however, the analysis of this behaviour with natural experiments could be more comprehensive. In this paper, we use data from 120 episodes of the Portuguese version of the TV game show The Price is Right, namely...
Persistent link: https://www.econbiz.de/10014426288
' contributions to a public good. The donation is either costless (because it is financed by the experimenter) or deducted from a team …
Persistent link: https://www.econbiz.de/10012503792
on the level of cooperation by their groupmates (conditional cooperation). However, while the strategy method is … of conditional cooperation. This problem was highlighted by two previous studies which found that the strategy method … could also detect equivalent levels of cooperation even among those grouped with computerized groupmates, indicative of …
Persistent link: https://www.econbiz.de/10014418083
The purpose of this study was to determine whether attitudes toward risk and altruism are affected by being in a group or being alone. In contrast to previous economic research on group decision-making, we excluded the effects of group informal discussions, which are thought to be a "black box"...
Persistent link: https://www.econbiz.de/10014420471