Showing 1 - 10 of 648
emotional mechanisms have been proposed as a possible explanation. In particular, feelings of fairness, anger and envy are …
Persistent link: https://www.econbiz.de/10009752872
Anticipated verbal feedback in a dictator game has been shown to induce altruistic behavior. However, in the ultimatum game which, apart from generosity, entails a strategic component since a proposer may (rightly) fear that the responder will reject a low offer, it remains an open question...
Persistent link: https://www.econbiz.de/10011709209
We study the evolution of strategic psychological capabilities in a population of interacting agents. Specifically,we consider agentswhich are either blind orwithmindsight, and either transparent or opaque. An agent with mindsight can observe the psychological makeup of a transparent agent,...
Persistent link: https://www.econbiz.de/10011550559
the theory predictions of behavior in the ultimatum game, the bargaining game with alternating offers, and the sequential … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
Persistent link: https://www.econbiz.de/10013252726
should only be rewarded for factors under their control. This fairness ideal does not hold subjects responsible for factors …
Persistent link: https://www.econbiz.de/10009754116
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
inconsistent behavior, typically attributed to "other regarding preferences." The Ultimatum Game, used to study fairness, and the … accounting for both the evolution of fairness and the evolution of trust. Here I explore the role of population structure by … trusting and trustworthy trustworthy and reduces the critical return threshold, but, much like in the case of fairness, it does …
Persistent link: https://www.econbiz.de/10011316592
Can differences in cognitive reflection explain other-regarding behavior? To test this, I use the three-item Cognitive Reflection Task to classify individuals as intuitive or reflective and correlate this measure with choices in three games that each subject participates in. The main sample...
Persistent link: https://www.econbiz.de/10012431890
other participant of their bargaining proposal. Typically, these fairness norms are in line with theoretical predictions …The communication of participants to identify an acceptable bargaining outcome in the Nash bargaining game is all about … fairness norms. Participants introduce fairness norms which yield a better outcome for themselves in order to convince the …
Persistent link: https://www.econbiz.de/10011709286
In an incomplete information setting, we analyze the sealed bid auction proposed by Knaster (cf. Steinhaus (1948)). This procedure was designed to efficiently and fairly allocate multiple indivisible items when participants report their valuations truthfully. In equilibrium, players do not...
Persistent link: https://www.econbiz.de/10009753712