Showing 1 - 7 of 7
experiment, a trust game variant, we study whether moral wiggle room also prevails, when reciprocity is a potential motivation … reciprocity. Among our subjects, 40% of the reciprocators exploited moral wiggle room. …
Persistent link: https://www.econbiz.de/10011446176
) is added in order to introduce reciprocity. We find significantly higher rates of selfish choices in our treatments that …
Persistent link: https://www.econbiz.de/10011576929
. -- Information cascades ; Laboratory experiments ; Naive herding …
Persistent link: https://www.econbiz.de/10009487805
This paper examines the occurrence and fragility of information cascades in laboratory experiments. One group of low … private information. In line with existing experiments on information cascades, we find some evidence that low informed …
Persistent link: https://www.econbiz.de/10003803102
We conduct a modified dictator game in order to analyze the role self-image concerns play in other-regarding behavior. While we generally follow Konow (2000), a cognitive dissonance-based model of other-regarding behavior in dictator games, we relax one of its assumptions as we allow for...
Persistent link: https://www.econbiz.de/10010475637
We revisit the economic models of social learning by assuming that individuals update their beliefs in a non-Bayesian way. Individuals either overweigh or underweigh (in Bayesian terms) their private information relative to the public information revealed by the decisions of others and each...
Persistent link: https://www.econbiz.de/10003924223
learning in information cascade experiments. He concludes that participants perform poorly when learning from others and that … rejected, but we measure a much larger success of social learning. -- Information Cascades ; Laboratory Experiments ; Quantal …
Persistent link: https://www.econbiz.de/10009500719