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We introduce intention-based social preferences into mechanism design. We explore information structures that dier with respect to what is commonly known about the weight that agents attach to reciprocal kindness. When the designer has no information on reciprocity types, implementability of an...
Persistent link: https://www.econbiz.de/10011444226
We analyse two team settings in which one member in a team has stronger incentives to contribute than the others. If contributions constitute a sacrifice for the strong player, the other team members are more inclined to cooperate than if contributions are strictly dominant for the strong...
Persistent link: https://www.econbiz.de/10003862276
response behavior. -- experiment ; social preferences ; Exclusion ; bargaining ; ultimatum game …
Persistent link: https://www.econbiz.de/10009412371
investment behavior. In our experiment, subjects decide about investments into real-life mutual funds. We find that subjects …
Persistent link: https://www.econbiz.de/10011416914
investment behavior. In our experiment, subjects decide about investments into real-life mutual funds. We find that subjects …
Persistent link: https://www.econbiz.de/10011522105
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic-, joint payoff-maximizing- and cognitively heterogeneous agents. These predict varying degrees...
Persistent link: https://www.econbiz.de/10011444227
experiment. We find that subjects often use selective disclosure strategies, and this finding appears to be robust to changes in … the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …
Persistent link: https://www.econbiz.de/10011301237
-assessments can be detrimental to workers ́performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10010486358
We provide an example for an errors in variables problem which might be often neglected but which is quite common in lab experimental practice: In one task, attitude towards risk is measured, in another task participants behave in a way that can possibly be explained by their risk attitude. How...
Persistent link: https://www.econbiz.de/10011516657
This article reports the results of a simple bargaining experiment on the ultimatum-revenge game. The game enables to …
Persistent link: https://www.econbiz.de/10003731315