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In this paper, I discuss the difference between accommodated evidence (i.e. when evidence is known first and a hypothesis is the proposed to explain and fit the observations) and predicted evidence (i.e., when evidence verifies the prediction of a hypothesis formulated before observing the...
Persistent link: https://www.econbiz.de/10010323895
Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study...
Persistent link: https://www.econbiz.de/10010323903
In this paper, I discuss the difference between accommodated evidence (i.e. when evidence is known first and a hypothesis is the proposed to explain and fit the observations) and predicted evidence (i.e., when evidence verifies the prediction of a hypothesis formulated before observing the...
Persistent link: https://www.econbiz.de/10010884462
Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study...
Persistent link: https://www.econbiz.de/10010884472
Based on an axiomatically derived provision rule allowing community members to endogenously determine which, if any, public project should be provided, we perform experiments where (i) not all parties benefit from provision, and (ii) the projects' costs can be negative. In the tradition of legal...
Persistent link: https://www.econbiz.de/10010291800
We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or...
Persistent link: https://www.econbiz.de/10010291814
-person generosity games, we find inequality aversion to be strongly context-dependent and affected by the (in)equality of exogenously … given agreement payoffs. Motivated by these findings, we present a stylized model on context-dependent inequality aversion …
Persistent link: https://www.econbiz.de/10010291832
Traditionally, giving in dictator games was assumed to signal preferences over others' payoffs. To date, several studies find that dictator game giving breaks down under conditions designed to increase dictators' anonymity or if an option to take money obscures the purpose of the task. Giving is...
Persistent link: https://www.econbiz.de/10010291834
We suggest that procedures of monetarized bidding can facilitate co-operation in Elinor Ostrom type common(s) projects without crowding out communitarian faculties of self-governance. Axioms securing procedurally egalitarian bidding on the basis of declared monetary evaluations are introduced....
Persistent link: https://www.econbiz.de/10010291854
for me, payoff for the other). This draws attention to inequality in payoffs and thus gives weight to fairness concerns …
Persistent link: https://www.econbiz.de/10011348199