Showing 1 - 10 of 45
This paper experimentally investigates the impact of suggestive messages and tipping on a third party’s judgment. The experimental design uses a model with three players, wherein two players (A and B) create a joint project, and the third player (C) decides how to divide the project’s...
Persistent link: https://www.econbiz.de/10012222243
Social preference models emphasize that perceived intentions motivate reciprocity. However, laboratory tests of this …. There is little evidence on whether reciprocity occurs in response to perceived intentions alone, independent of concurrent …
Persistent link: https://www.econbiz.de/10012227717
reciprocity and inequity aversion are also drivers of network choices. No study so far has attempted to investigate the role of …' behavior compared to the baseline; (2) reciprocity plays a significant role in the formulation of the players' strategies, in …
Persistent link: https://www.econbiz.de/10012227726
This paper investigates the importance of concerns about intentions and outcomes in a sequential prisoner's dilemma game with nature. In the game, there is a chance that the first mover's choice is reversed. This allows the separation of intended actions from the resulting outcomes. Equilibrium...
Persistent link: https://www.econbiz.de/10013200120
Using a nationally representative sample of 1052 respondents from the United Kingdom, we systematically tested the associations between the experimental trust game and a range of popular self-reported measures for trust, such as the General Social Survey (GSS) and the Rosenberg scale for...
Persistent link: https://www.econbiz.de/10013200128
Explaining human cooperation in large groups of non-kin is a major challenge to both rational choice theory and the theory of evolution. Recent research suggests that group cooperation can be explained by positing that cooperators can punish non-cooperators or cheaters. The experimental evidence...
Persistent link: https://www.econbiz.de/10010369341
with unkind actions (negative reciprocity), while at the same time, it responds to kind behavior of rivals with kind … actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards … competing firms provided that they consider collusive prices to be kind and punishment prices to be unkind. Thus, reciprocity …
Persistent link: https://www.econbiz.de/10010369365
-mover behavior based on inequality aversion are in contrast to reciprocity. We find that inequality aversion explains only few … intuitive notions of reciprocity than by inequality aversion. Extending the model by allowing for alternative reference points … good short-hand for reciprocity is driven by biased design choices. …
Persistent link: https://www.econbiz.de/10010369393
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10010369395
Two independent, but related, choice prediction competitions are organized that focus on behavior in simple two-person extensive form games (http://sites.google.com/site/extformpredcomp/): one focuses on predicting the choices of the first mover and the other on predicting the choices of the...
Persistent link: https://www.econbiz.de/10010369401