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Results are reported of the first natural field experiment on the dictator game, where subjects are unaware that they participate in an experiment. In contrast to predictions of the standard economic model, dictators show a large degree of pro-social behavior. This paper builds a bridge from the...
Persistent link: https://www.econbiz.de/10009652044
We experimentally investigate the effect of endowment allocation procedures on social preferences using a two-stage dictator game. In the first stage, participants who were randomly selected as allocators had to perform a task in order to earn money. Better performance on the task resulted in...
Persistent link: https://www.econbiz.de/10008529249
Taking note of the wide variety and growing list of models in the literature to explain patterns of behavior observed in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes under variety or alternative scenarios) and the Psychological...
Persistent link: https://www.econbiz.de/10005108450
It is difficult to identify acts that are purely altruistic, and do not have some level of egoism or self-interest involved. By considering situations where team members seemingly have nothing to gain by the way they distribute points to others with regard to peer evaluation, and where their...
Persistent link: https://www.econbiz.de/10011170136
group plays the game for the second part of the experiment. Our results show that the arrival of newcomers decreases trust … among group members and this decrease in trust negatively affects group performance. Knowing the performance history of the …
Persistent link: https://www.econbiz.de/10011259957
We report experimental evidence on second-movers' behavior in the investment game (also known as the trust game) when …
Persistent link: https://www.econbiz.de/10011212781
The need for justification is a widely observed social phenomenon. This paper develops a theoretical framework and reports laboratory evidence to show how pure justification pressure affects cooperative behavior in economic exchange environments. In a one-shot anonymous interaction, compared...
Persistent link: https://www.econbiz.de/10009422008
greater inequality. In this paper we report data from a trust game variant where trustees’ responses to kind intentions … generate inequality in favor of investors. In relation to a standard trust game treatment where trustees’ responses reduce …
Persistent link: https://www.econbiz.de/10005836275
This paper highlights a new social motivation, the indirect reciprocity, through a three-player dictator-ultimatum game. Player 2 has the opportunity to reward or punish indirectly the player 1 by inciting – with her offer - player 3 to accept or to reject the division. We implement three...
Persistent link: https://www.econbiz.de/10005621794
Substantial evidence has been accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium...
Persistent link: https://www.econbiz.de/10005621869