Showing 1 - 10 of 195
Why do people in rich countries not transfer more of their income to people in the world's poorest countries? To study this question and the relative importance of needs, entitlements, and nationality in people's social preferences, we conducted a real effort fairness experiment where people in...
Persistent link: https://www.econbiz.de/10010326015
This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment in which participants make a series of choices between...
Persistent link: https://www.econbiz.de/10010325900
earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental …
Persistent link: https://www.econbiz.de/10010326434
This paper investigates whether transactions where the buyer (or the seller) always moves first, andthe seller (or the buyer) always moves second in the exchange gives higher payoffs than exchangesin which it is randomly determined who moves first. We examine the effect of two...
Persistent link: https://www.econbiz.de/10010324922
This paper reviews three distinct strategies in recent economics for using the concept of social identity in the explanation of individual behavior: Akerlof and Kranton’s neoclassical approach, Sen’s commitment approach, and Kirman et al.’s complexity approach. The primary focus is the...
Persistent link: https://www.econbiz.de/10010325175
In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...
Persistent link: https://www.econbiz.de/10010324824
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted … information about situations where, in purely pecuniary terms, it is a dominant strategy to contribute all the endowment and about …
Persistent link: https://www.econbiz.de/10010325039
worker can gather information on investment projects, while a manager makes the implementation decision. The manager can … monitor the worker. This allows her to better exploit the information gathered by the worker, but also reduces the worker …'s incentives to gather information in the first place. Both effects of monitoring are influenced by the interest alignment between …
Persistent link: https://www.econbiz.de/10010325914
As societies are increasingly concerned with social risks, it is important to evaluate risks not only from an individual perspective, but also from a societal one. Many increases in social risk involve a simultaneous increase in risk and inequality. This paper presents an experiment which...
Persistent link: https://www.econbiz.de/10010326431
This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment in which participants make a series of choices between...
Persistent link: https://www.econbiz.de/10014201101