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Theoretical and empirical studies have generally weighed the effect of peer punishment and pool punishment for sanctioning free riders separately. However, these sanctioning mechanisms often pose a puzzling tradeoff between efficiency and stability in detecting and punishing free riders. Here,...
Persistent link: https://www.econbiz.de/10011383961
another structural setting: a system of generalized exchange. In a laboratory experiment, a repeated four-player prisoner …
Persistent link: https://www.econbiz.de/10012547824
We experimentally investigate whether individuals are more likely to engage in dishonest behavior after having experienced unfairness perpetrated by an individual with a salient group identity. Two individuals generate an endowment together, but only one can decide how to share it. They either...
Persistent link: https://www.econbiz.de/10011709208
Researchers are increasingly exploring the role of emotions in interactive decision‐making. Recent theories have focused on the interpersonal effects of emotions-the influence of the decisionmaker’s expressed emotions on observers’ decisions and judgments. In this paper, we examine whether...
Persistent link: https://www.econbiz.de/10011620802
degree of risk averseness. Since managerial risk averseness is a desirable quality, such asymmetric information makes …
Persistent link: https://www.econbiz.de/10013172451
This paper focuses on the dynamic aspects of individual behavior affected by its social embedding, either at large (society-wide norms or averages) or at a local neighborhood. The emphasis is on how initial conditions can affect the long run outcome and to derive, discuss and apply the...
Persistent link: https://www.econbiz.de/10009752454
cognitively demanding. Most children in this age group ignore information about others, foregoing substantial learning …
Persistent link: https://www.econbiz.de/10011849211
Most forms of risky behavior reach their peak during adolescence. A prominent line of research is exploring the relationship between people’s emotional self-efficacy and risk taking, but little is known about this relationship in the cognitive-deliberative domain among adolescents. The main...
Persistent link: https://www.econbiz.de/10011550496
Persistent link: https://www.econbiz.de/10012698094
the three options. Three information conditions are tested: uninformed, in which voters know only their own preference … ordering and the own benefits from each option; aggregate information, in which in addition they know the aggregate realized … distribution of the preference orderings and full information, in which they also know how the relative importance attributed to …
Persistent link: https://www.econbiz.de/10010240827