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The investment game with asymmetric information
Coricelli, G.; Morales, L.G.; Mahlstedt, A. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft
We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are also elicited. Our results show that average...
Persistent link: https://www.econbiz.de/10005765175
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Organisational structure, communication and group ethics
Ellman, Matthew; Pezanis-Christou, Paul - Barcelona Graduate School of Economics (Barcelona GSE) - 2007
This paper investigates experimentally how organisational decision processes affect the moral motivations of actors inside a firm that must forego profits to reduce harming a third party. In a "vertical" treatment, one insider unilaterally sets the harm-reduction strategy; the other can only...
Persistent link: https://www.econbiz.de/10010547180
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005765128
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Trust in cooperation or ability? – An experimental study on gender differences
Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003
We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005588002
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(Bad) Luck or (Lack of) Effort?: Comparing Social Sharing Norms between US and Europe
Rey-Biel, Pedro; Sheremeta, Roman; Uler, Neslihan - Barcelona Graduate School of Economics (Barcelona GSE) - 2011
We compare the determinants of individual giving between two countries, Spain and the US, which differ in their redistribution policies and their beliefs over the causes of poverty. By varying the information about the determinants of income, we find that, although overall giving is similar in...
Persistent link: https://www.econbiz.de/10010547117
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One Person in the Battlefield is not a warrior: Self-Construal, Perceived Ability to Make a Difference, and Socially Responsible Behavior
Cojuharenco, Irina; Cornelissen, Gert; Karelaia, Natalia - Barcelona Graduate School of Economics (Barcelona GSE) - 2011
We suggest that cultivating an individual‟s connectedness to others promotes socially responsible behavior both directly and indirectly through increased perceived ability to make a difference. Individuals whose interdependent self is more prominent feel they have more of an impact on larger...
Persistent link: https://www.econbiz.de/10010851355
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Relative Position, Prices of Sacrifice and Reciprocity: An Experimental Study Using Individual Decisions
Brandts, Jordi; Fatás, Enrique; Lagos, Francisco - Barcelona Graduate School of Economics (Barcelona GSE) - 2005
We use experimental data to obtain a detailed description of individuals' pro-sociality. Participants are faced with a large number of decisions involving variations in the tradeoffs between own and others' payoffs, as well as in other potentially important factors like individuals' positions...
Persistent link: https://www.econbiz.de/10010547280
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Leadership and Overcoming Coordination Failure with Asymmetric Costs
Brandts, Jordi; Cooper, David J.; Fatas, Enrique - Barcelona Graduate School of Economics (Barcelona GSE) - 2006
We study how the heterogeneity of agents affects the extent to which changes in financial incentives can pull a group out of a situation of coordination failure. We focus on the connections between cost asymmetries and leadership. Experimental subjects interact in groups of four in a series of...
Persistent link: https://www.econbiz.de/10010547446
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Vintage Capital Growth Theory: Three Breakthroughs
Boucekkine, Raouf; Croix, David de la; Licandro, Omar - Barcelona Graduate School of Economics (Barcelona GSE) - 2011
Vintage capital growth models have been at the heart of growth theory in the 60s. This research line collapsed in the late 60s with the so-called embodiment controversy and the technical sophistication of the vintage models. This paper analyzes the astonishing revival of this literature in the...
Persistent link: https://www.econbiz.de/10010547483
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Express Yourself: The Price of Fairness in a Simple Distribution Game
Nicklisch, Andreas - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
A simple two-person distribution game similar to the ultimatum game is introduced. However, unlike the standard ultimatum game, responders can determine the payoff for the proposer in case of rejection. Therefore, they can express their concerns in monetary quantities. The experimental data are...
Persistent link: https://www.econbiz.de/10005588010