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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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The role of beliefs, trust, and risk in contributions to a public good
Kocher, Martin G.; Martinsson, Peter; Matzat, Dominik; … - Nationalekonomiska institutionen, Handelshögskolan - 2011
This paper experimentally investigates the role of beliefs, trust, and risk in shaping cooperative behavior. By … applying incentivized elicitation methods to measure these concepts, we find that beliefs about others’ behavior and trust are …
Persistent link: https://www.econbiz.de/10008794460
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Social preferences in childhood and adolescence - A large-scale experiment
Sutter, Matthias; Feri, Francesco; Kocher, Martin G.; … - Nationalekonomiska institutionen, Handelshögskolan - 2010
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10008568487
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Social preferences during childhood and the role of gender and age - An experiment in Austria and Sweden
Martinsson, Peter; Nordblom, Katarina; Rützler, Daniela; … - Nationalekonomiska institutionen, Handelshögskolan - 2010
We examine social preferences of Swedish and Austrian children and adolescents using the experimental design of Charness and Rabin (2002). We find that difference aversion decreases while social-welfare preferences increase with age.<p>
Persistent link: https://www.econbiz.de/10008764801
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Guilt from Promise-Breaking and Trust in Markets for Expert Services – Theory and Experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - Nationalekonomiska institutionen, Handelshögskolan - 2010
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise … to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert …
Persistent link: https://www.econbiz.de/10008562419
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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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Transaction Costs, the Opportunity Cost of Time and Inertia in Charitable Giving
Knowles, Stephen; Servátka, Maroš - Department of Economics and Finance, College of … - 2014
We conduct a laboratory experiment to analyze the effect transactions costs and inertia have on charitable giving. We conjecture that transaction costs will have a greater effect on donations if the solicitation is received when the opportunity cost of time is high. Inertia could become a factor...
Persistent link: https://www.econbiz.de/10010907390
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The House Money Effect and Negative Reciprocity
Danková, Katarína; Servátka, Maroš - Department of Economics and Finance, College of … - 2014
In the vast majority of experiments documenting the existence of reciprocity subjects are endowed with windfall funds. In some situations such endowments might create a so-called “house money effect”. We identify two reasons why the source of endowment might matter for negative reciprocity:...
Persistent link: https://www.econbiz.de/10010907394
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Windfall vs. Earned Money in the Laboratory: Do They Affect the Behavior of Men and Women Differently?
Carlsson, Fredrik; He, Haoran; Martinsson, Peter - Nationalekonomiska institutionen, Handelshögskolan - 2010
We experimentally investigate, using a dictator game, if the effects of windfall and earned endowments on behavior differ between men and women genders. In line with previous studies, we find that windfall endowments significantly increase the amount donated. The impact of moving from earned to...
Persistent link: https://www.econbiz.de/10008525392