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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/10011576929
returned. -- social preferences ; other-regarding behaviour ; experiments ; trust game ; guilt aversion ; beliefs … beliefs and actions into the utility function. We test the robustness of two types of intentions-based models (guilt aversion … and reciprocity). In addition to incentivised elicitation of first- and second-order action beliefs, we assess …
Persistent link: https://www.econbiz.de/10008689019
. -- financial advisors ; moral hazard ; reciprocity ; experiments …
Persistent link: https://www.econbiz.de/10003980494
-receiver game ; reciprocity ; experiments ; voluntary payment …
Persistent link: https://www.econbiz.de/10009515366
Whether friendship or competitive relationships deserve to be encouraged in the workplace is not obvious a priori. In this paper we derive the conditions under which a profit-aximizing employer finds it convenient to induce a rat race among workers exhibiting horizontal reciprocity in order to...
Persistent link: https://www.econbiz.de/10009374668
Customers at the online music label Magnatune can pay what they want for albums, as long as the payment is within a given price range ($5-$18). Magnatune recommends to pay $8, and on average customers paid $8.20 (Regner and Barria, 2009). We ran an online survey and collected responses from 227...
Persistent link: https://www.econbiz.de/10008747635
One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...
Persistent link: https://www.econbiz.de/10003944228
We experimentally test whether intentional and observable discriminatory pay of symmetric agents in the Winter (2004) game causes low paid agents to reduce effort. We control for intentionality of wages by either allowing a principal to determine wages or by implementing a random process. Our...
Persistent link: https://www.econbiz.de/10003924261
available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find …
Persistent link: https://www.econbiz.de/10009374355
-regarding preferences ; social preferences ; decision making under risk ; single-peaked preferences ; experiments …
Persistent link: https://www.econbiz.de/10009306937