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Trust among the avatars: A virtual world experiment, with and without textual and visual cues
Atlas, Stephen; Putterman, Louis - 2010
We invited residents of a virtual world who vary in real-world age and occupation to play a trust game with stakes … suggestive text was added to the instructions, or both a photo and text were added. We find high levels of trust and reciprocity … photographic and textual cues influenced the level of trust but not that of trustworthiness. …
Persistent link: https://www.econbiz.de/10010287726
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Market experience is a reference point in judgments of fairness
Herz, Holger; Taubinsky, Dmitry - 2013
People's desire for fair transactions can play an important role in negotiations, organizations, and markets. In this paper, we show that markets can also shape what people consider to be a fair transaction. We propose a simple and generally-applicable model of path-dependent fairness...
Persistent link: https://www.econbiz.de/10010333105
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The influences of social context on the measurement of distributional preferences
Greiff, Matthias; Ackermann, Kurt A.; Murphy, Ryan O. - 2016
Different social contexts have been used when measuring distributional preferences. This could be problematic as contextual variance may inadvertently muddle the measurement process. We use a within-subjects design and measure distributional preferences in resource allocation tasks with role...
Persistent link: https://www.econbiz.de/10011663183
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The many faces of human sociality: Uncovering the distribution and stability of social preferences
Bruhin, Adrian; Fehr, Ernst; Schunk, Daniel - 2018
behavior over time and across situations. We tackle this task with an experiment and a structural model of preferences that …
Persistent link: https://www.econbiz.de/10011969209
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The intrinsic value of decision rights
Bartling, Björn; Fehr, Ernst; Herz, Holger - 2014
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal-at least partly-from an assumed positive intrinsic...
Persistent link: https://www.econbiz.de/10011282466
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The intrinsic value of decision rights
Bartling, Björn; Fehr, Ernst; Herz, Holger - 2013
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...
Persistent link: https://www.econbiz.de/10010316882
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Individual characteristics and behavior in repeated games: An experimental study
Davis, Douglas; Ivanov, Asen; Korenok, Oleg - 2014
Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array … of individual characteristics that are popular in economics: risk attitude, time preference, trust, trustworthiness …
Persistent link: https://www.econbiz.de/10011381009
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Trust and communication in a property rights dilemma
Ahn, T. K.; Balafoutas, Loukas; Batsaikhan, Mongoljin; … - 2016
We study a laboratory social dilemma game in which incentives to steal from others lead to the socially inefficient …
Persistent link: https://www.econbiz.de/10011669324
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Deciding for Others Reduces Loss Aversion
Andersson, Ola; Holm, Håkan J.; Tyran, Jean-Robert; … - 2013
We study risk taking on behalf of others, both with and without potential losses. A large-scale incentivized experiment …
Persistent link: https://www.econbiz.de/10013208657
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Security of property as a public good: Institutions, socio-political environment and experimental behavior in five countries
Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T. K.; … - 2012
that our subject pools exhibit significantly different behaviors that correlate with country-level property security, trust … and quality of government. Subjects from countries with higher levels of trust or perceptions of safety are more prone to …
Persistent link: https://www.econbiz.de/10010420268