Showing 1 - 10 of 1,091
significantly promotes cooperation even absent negative consequences for non-cooperative behavior. We discuss the implications of … our findings for shaping institutional design to promote cooperation. …
Persistent link: https://www.econbiz.de/10009422008
subject’s own behavior in the other role. The results of the experiment indicate that, when acting as senders, the majority of …
Persistent link: https://www.econbiz.de/10011259082
While folk theorems for dynamic renewable common pool resource games sustain cooperation as an equilibrium, the … possibility of reverting to violence to appropriate the resource destroys the incentives to cooperate, because of the expectation …
Persistent link: https://www.econbiz.de/10011262754
reasons such as group polarization. This paper experimentally compares cooperation behaviors between pairs and individuals in … suggest that the enhanced cooperation behavior of pairs may be driven by (a) the mere fact that they have partners when they … partners in their pairs, and (c) stronger conditional cooperation behavior of pairs to their matched pairs. …
Persistent link: https://www.econbiz.de/10011191512
Homotheticity induces a dramatic statistical bias in the estimates of the intratemporal and intertemporal substitutions. I find potent support in favor of nonhomotheticity in aggregate consumption data, with nondurable goods being necessities and durable goods luxuries. I obtain the...
Persistent link: https://www.econbiz.de/10009220097
Presented is an evolutionary model of consumer non-durable markets, which is an extension of a previously published paper on consumer durables. The model suggests that the repurchase process is governed by preferential growth. Applying statistical methods it can be shown that in a competitive...
Persistent link: https://www.econbiz.de/10009323245
How a full glass is sketched by a person is used as an identification of a maximizer/satisficer-type personality. There is evidence that students who interpret the “full glass” description as, in fact, a glass that is filled up to the brim as the maximizer-types and those who draw their...
Persistent link: https://www.econbiz.de/10011259524
This paper shows that there is a positive and statistically significant correlation between the short-term discount rate over a monetary reward and the short-term discount rate over a primary reward (chocolate). This correlation, however, is absent among subjects who do not like chocolate and...
Persistent link: https://www.econbiz.de/10005835857
This paper discusses solutions derived from lottery experiments using two alternative assumptions: that people perceive wealth changes as absolute amounts of money; and that people consider wealth changes as a proportion of some reference value dependant on the context of the problem under...
Persistent link: https://www.econbiz.de/10005089325
The paper presents an alternative interpretation of the experimental data published by Kahneman and Tversky in their 1992 study "Advances in Prospect Theory”, which describes the Cumulative version of their Prospect Theory from 1979. It was assumed that, apart from the operations made during...
Persistent link: https://www.econbiz.de/10005029705