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realistic expectations later on. This paper shows that the costs induced by high aspirations are not trivial. We first develop a … evidence from a lab experiment on the factor found to be crucial: the adjustment of reference states to changes in expectations …
Persistent link: https://www.econbiz.de/10010263846
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10010281679
realistic expectations later on. This paper shows that the costs induced by high aspirations are not trivial. We ?rst develop a … evidence from a lab experiment on the factor found to be crucial: the adjustment of reference states to changes in expectations …
Persistent link: https://www.econbiz.de/10005090462
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10009023790
causality is important for understanding the nature of various decision-making errors, as well as for providing reliable policy … of the disadvantaged. We further argue that establishing the causality of cognitive abilities is a prerequisite for …
Persistent link: https://www.econbiz.de/10009391901
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810
In our experiment, a dictator game variant, the reported outcome of a die roll determines the endowment (low/high) in a subsequent dictator game. In one treatment the experimenter is present and no cheating is possible, while in another subjects can enter the result of the roll themselves. Moral...
Persistent link: https://www.econbiz.de/10010291850
on average players' investments are larger than equilibrium investments. In contrast to social dilemma experiments, in …
Persistent link: https://www.econbiz.de/10010332982
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011580465
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011985504