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literature by implementing a modified dictator game where gifts to dictators are possible, but where gift transactions are also … outcomes. In addition, this study uses both monetary and non-monetary gifts; previous studies typically use only monetary … marketing gifts. The results show that on average, dictators reciprocated strongly to just the intention to give a gift, and …
Persistent link: https://www.econbiz.de/10011905085
-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We …
Persistent link: https://www.econbiz.de/10011383829
This experiment examines the relationship between payment systems and the quality and quantity of services provided in …
Persistent link: https://www.econbiz.de/10014426260
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and …
Persistent link: https://www.econbiz.de/10011453215
We consider indirect reciprocity with optional interactions and private information. A game is offered between two players and accepted unless it is known that the other person is a defector. Whenever a defector manages to exploit a cooperator, his or her reputation is revealed to others in the...
Persistent link: https://www.econbiz.de/10011383755
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/10009752417
Intensive studies on indirect reciprocity have explored rational assessment rules for maintaining cooperation and several have demonstrated the effects of the stern-judging rule. Uchida and Sasaki demonstrated that the stern-judging rule is not suitable for maintaining cooperative regimes in...
Persistent link: https://www.econbiz.de/10012167923
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/10009751389
This paper departs from the standard profit-maximizing model of firm behavior by assuming that firms are motivated in part by personal animosity–or respect–towards their competitors. A reciprocal firm responds to unkind behavior of rivals with unkind actions (negative reciprocity), while at...
Persistent link: https://www.econbiz.de/10009753710
I use data from a previous experiment for classifying subjects based on their behavior in the trust game. Prior …
Persistent link: https://www.econbiz.de/10009785369