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This paper proposes a behavioral model of social learning that unies various forms of inferential reasoning in one hierarchy of types. Iterated best responses that are based on uninformative level-0 play lead to the following of the private information (level-1), to the following of the majority...
Persistent link: https://www.econbiz.de/10011490245
prescribes also future-biased behavior if an option’s future reward is particularly outstanding. Our laboratory experiment yields …
Persistent link: https://www.econbiz.de/10011492200
We introduce a new measure of stereotypes based on the principle of a multiple-price list: the elicitation of willingness to have an ethnic minority member in a team. We apply it on an example of the Roma in the Czech Republic and test on a sample of 100 students from the majority population. We...
Persistent link: https://www.econbiz.de/10014533503
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experiment, however, individuals have much more information available than outside the lab. We conduct a lab experiment to test … share of subjects behaves proscially and a concern for effciency plays an important role. In our experiment the information …
Persistent link: https://www.econbiz.de/10011490225
In most laboratory experiments concerning prosocial behavior subjects are fully informed how their decision influences … knowledge. To asses the effect of information asymmetries on prosocial behavior, we conduct a laboratory experiment with a … a consequence and the main finding of our experiment, uninformed dictators behave more prosocially than informed …
Persistent link: https://www.econbiz.de/10011492114
paper we present the results of an experiment on the influence of private payoff information and the role of the available …
Persistent link: https://www.econbiz.de/10011570166
effect on higher moments of the distribution remains unexplored. Through a pre-registered online experiment (N=732), we find …
Persistent link: https://www.econbiz.de/10014515782
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the consumers exhibit...
Persistent link: https://www.econbiz.de/10011489877