Showing 1 - 10 of 1,689
Persistent link: https://www.econbiz.de/10012123606
Not much attention has been given to protest responses in choice experiments (CE). Using follow-up statements, we are able to identify protest responses and compute welfare estimates with and without the inclusion of such protest responses. We conclude that protest responses are fairly common in...
Persistent link: https://www.econbiz.de/10008746873
Persistent link: https://www.econbiz.de/10010358554
Persistent link: https://www.econbiz.de/10010466977
The evolution of large-scale cooperation among genetic strangers is a fundamental unanswered question in the social sciences. Behavioral economics has persuasively shown that so called "strong reciprocity" plays a key role in accounting for the endogenous enforcement of cooperation. Insofar as...
Persistent link: https://www.econbiz.de/10009298308
Persistent link: https://www.econbiz.de/10013192496
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10008811006
Persistent link: https://www.econbiz.de/10011592845
Persistent link: https://www.econbiz.de/10011886664
Persistent link: https://www.econbiz.de/10012167940