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Serra-Garcia, Marta; Szech, Nora - 2019

We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...

Persistent link: https://www.econbiz.de/10011996976

Teams promise but do not deliver

Nielsen, Kirby; Bhattacharya, Puja; Kagel, John H.; … - 2019

Individuals and two-person teams play a hidden - action trust game with pre - play communication. We replicate previous results for individuals that non-binding promises increase cooperation rates. But this does not extend to teams. Wh ile teams make non-binding promises to cooperate at the same...

Persistent link: https://www.econbiz.de/10012024205

Lying to appear honest

Barron, Kai - 2019

This paper studies individual truth-telling behavior in the presence of multiple lying opportunities with heterogeneous stake sizes. The results show that individuals lie downwards (i.e. forgo money due to their lie) in low-stakes situations in order to signal honesty, and thereby mitigate the...

Persistent link: https://www.econbiz.de/10012111371

Beliefs and actions in the trust game: Creating instrumental variables to estimate the causal effect

Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - 2012

In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...

Persistent link: https://www.econbiz.de/10010310149

'I'll do it by myself as I knew it all along': On the failure of hindsight-biased principals to delegate optimally

Danz, David; Hüber, Frank; Kübler, Dorothea; … - 2013

prediction is tested experimentally. In an online experiment that was conducted during the FIFA World Cup 2010 participants were …

Persistent link: https://www.econbiz.de/10010311785

An experimental study on the incentives of the probabilistic serial mechanism

Hugh-Jones, David; Kurino, Morimitsu; Vanberg, Christoph - 2013

We report an experiment on the Probabilistic Serial (PS) mechanism for allocating indivisible goods. The PS mechanism …

Persistent link: https://www.econbiz.de/10010313111

Organizations, diffused pivotality and immoral outcomes

Falk, Armin; Szech, Nora - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10010316223

Separating attitudes towards money from attitudes towards probabilities: Stake effects and ambiguity as a test for prospect theory

Vieider, Ferdinand M.; Cingl, Lubomír; Martinsson, Peter; … - 2013

Prospect theory (PT) is the dominant descriptive theory of decision making under risk today. For the modeling of … choices, PT relies on a psychologically founded separation of risk attitudes into attitudes towards outcomes, captured in a … theoretically sound, it is unclear whether this clear separation is reflected in actual choices. To test this, we designed two …

Persistent link: https://www.econbiz.de/10010322514

From imitation to collusion: Long-run learning in a low-information environment

Friedman, Daniel; Huck, Steffen; Oprea, Ryan; … - 2012

daher die Notwendigkeit einer neuen Theorie über die Entstehung von Kooperation nahe. …

Persistent link: https://www.econbiz.de/10010324179

Privacy concerns, voluntary disclosure of information, and unraveling: An experiment

Benndorf, Volker; Kübler, Dorothea; Normann, Hans-Theo - 2013

We study the voluntary revelation of private, personal information in a labor-market experiment with a lemons structure …

Persistent link: https://www.econbiz.de/10010324287