Showing 1 - 10 of 33
Do individuals prefer to compete fairly, or unfairly with an opponent? We study individuals who can choose how to compete for one ex-post nonzero payoff. They can either nudge themselves into a fair set of rules where they have the same information and actions as their opponent, or into unfair...
Persistent link: https://www.econbiz.de/10011419476
Actual behaviour is influenced in important ways by moral emotions, for instance guilt or shame (see among others Tangney et al., 2007). Belief-dependant models of social preferences using the framework of psychological games aim to consider such emotions to explain other-regarding behaviour....
Persistent link: https://www.econbiz.de/10010281628
Actual behaviour is influenced in important ways by moral emotions, for instance guilt or shame (see, among others, Tangney et al., 2007). Belief-dependant models of social preferences using the framework of psychological games aim to consider such emotions to explain other-regarding behaviour....
Persistent link: https://www.econbiz.de/10009144133
The market for retail financial products (e.g. investment funds or insurances) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned,...
Persistent link: https://www.econbiz.de/10010281621
People exhibit group reciprocity when they retaliate, not against the person who harmed them, but against somebody else … in that person's group. Group reciprocity may be a key motivation behind intergroup conflict. We investigated group … reciprocity in a laboratory experiment. After a group identity manipulation, subjects played a Prisoner's Dilemma with others from …
Persistent link: https://www.econbiz.de/10010286452
reciprocity and guilt appear to be the major drivers for generous voluntary payments. Being inclined to follow social norms is a …
Persistent link: https://www.econbiz.de/10010286483
This paper deals with the role of reciprocation in the formation of individuals' social networks, that is to what extent initiating a relation brings about its reciprocation. Following the activity of a panel of bloggers over more than a year, we seek to establish whether bloggers are mainly...
Persistent link: https://www.econbiz.de/10010286486
We report evidence from an experiment where a principal chooses an agent out of two to perform a task for a fixed compensation. The principal's payoff depends on the agent's ex-ante ability and on a non-contractible effort that the agent has to exert once employed. We find that a significant...
Persistent link: https://www.econbiz.de/10010291826
I conduct an experiment to assess whether majority voting on a nonbinding sharing norm affects subsequent behavior in a dictator game. In a baseline treatment, subjects play a one shot dictator game. In a voting treatment, subjects are first placed behind a 'veil of ignorance' and vote on the...
Persistent link: https://www.econbiz.de/10010263797
experimental literature we find evidence that tipping is motivated by reciprocity, but also by reputation concerns among frequent …
Persistent link: https://www.econbiz.de/10010266676