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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

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

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

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

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

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

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

The House Money Effect and Negative Reciprocity

Danková, Katarína; Servátka, Maroš - Department of Economics and Finance, College of … - 2014

In the vast majority of laboratory experiments documenting the existence of reciprocity subjects are endowed with windfall funds. In many environments with salient fairness considerations such endowments are known to inflate subjects’ other-regarding behavior, thereby creating a so-called...

Persistent link: https://www.econbiz.de/10011127992

Transaction Costs, the Opportunity Cost of Time and Procrastination in Charitable Giving

Knowles, Stephen; Servátka, Maroš - Department of Economics and Finance, College of … - 2015

We conduct a laboratory experiment to study whether giving people more time to donate to charity reduces donations. People may intend to donate, but because of the transaction costs of doing so, postpone making the payment until they are less busy, and having postponed making the donation once,...

Persistent link: https://www.econbiz.de/10011127993

Keeping others in our mind or in our heart? Distribution games under cognitive load

Hauge, Karen Evelyn; Brekke, Kjell Arne; Johansson, … - Nationalekonomiska institutionen, Handelshögskolan - 2014

It has recently been argued that giving is spontaneous while greed is calculated (Rand et al. 2012). If greed is calculated we would expect that cognitive load, which is assumed to reduce the influence of cognitive processes, should affect greed. In this paper we study both charitable giving and...

Persistent link: https://www.econbiz.de/10010788972