Showing 1 - 10 of 773
Extensive research in economics explores generosity in monetary allocations, while generosity in non-laboratory contexts often involves the allocation of consumption goods or non-monetary harm. Psychological evidence suggests that generosity may be higher in such contexts. We compare generosity...
Persistent link: https://www.econbiz.de/10010316844
each other's payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively …) payoff can only increase or remain unchanged with an increasing degree of altruism. …
Persistent link: https://www.econbiz.de/10010336031
-play communication: numerical (tabular) only, and verbal and numerical. We find that either kind of pre-play communication increases … trusting, trustworthiness, or both, in inter-subject comparisons, but that the inclusions of verbal communication generates …
Persistent link: https://www.econbiz.de/10010318961
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …
Persistent link: https://www.econbiz.de/10011282459
Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...
Persistent link: https://www.econbiz.de/10011282461
We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and … find (a) communication increases trusting and trustworthiness, (b) contracts are unnecessary for trusting and trustworthy …
Persistent link: https://www.econbiz.de/10010318895
laboratory experiment in which subjects lack any private material incentive to report partners' actions, we find that most …
Persistent link: https://www.econbiz.de/10011526719
preferences requires an improved understanding. We conduct an experiment in which individuals in small laboratory "societies …
Persistent link: https://www.econbiz.de/10013164121
While many studies have shown that fairness matters few efforts have been made to find out how important fairness is to the individual and thereby assessing the limits of these fairness concerns. This study reports on Trust game experiments in Sweden and Jamaica where subjects could forego a...
Persistent link: https://www.econbiz.de/10013208461