Showing 1 - 10 of 128
We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a dictator game variant subjects can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of subjects showing other-regarding behavior...
Persistent link: https://www.econbiz.de/10008746951
. Integral to ToM are beliefs about others. Both, other-regarding and selfish types, show a strong correlation between what they …
Persistent link: https://www.econbiz.de/10003980496
We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices suggest negative time preferences. Moreover, choice reversal over time is common even if temptation plays no role. We propose and measure three distinct concepts of choice...
Persistent link: https://www.econbiz.de/10008758953
Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a repeated minimum effort coordination game. While most groups first experience inefficient coordination, the efficiency increases substantially after introducing an ex post...
Persistent link: https://www.econbiz.de/10009567105
influence the accuracy of their beliefs. We find that respondents tend to overestimate the old-age dependency ratio when … considering the current and long-term demographic situation separately. However, their beliefs regarding the change of the old … statutory pension insurance plays an important role for more accurate beliefs. …
Persistent link: https://www.econbiz.de/10014467618
The notion of choice inconsistency is widely spread in the literature on behavioral economics. Several approaches were used to account for the observation that people reverse their choices over time. This paper aims to explain the formation of resolutions regarded as internal self-binding...
Persistent link: https://www.econbiz.de/10003887147
This paper examines whether monetary incentives are an effective tool for increasing domestic waste sorting. We exploit the exogenous variation in the waste management policies experienced during the years 1999-2008 by the 95 municipalities in the district of Treviso (Italy). We estimate with a...
Persistent link: https://www.econbiz.de/10009381266
We test the implications of ambiguity aversion in a principal-agent problem with multiple agents. When output distributions are uncertain, models of ambiguity aversion suggest that tournaments may become more attractive than independent wage contracts, in contrast to the case where output...
Persistent link: https://www.econbiz.de/10009230345
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions where punishment opportunities are restricted to agents...
Persistent link: https://www.econbiz.de/10009487797
We argue that entrepreneurial choice proceeds in at least in two steps, with vocational choice nearly always preceding choice of employment status, whether that be self-employment or dependent employment. Since the two decisions are interrelated, analysis of entrepreneurial choice as a single...
Persistent link: https://www.econbiz.de/10009686452