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Departures from pure self interest in economic experiments have recently inspired models of "social preferences". We … conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly … than the array of games conventionally considered. Our experiments show strong support for the prevalence of "quasi …
Persistent link: https://www.econbiz.de/10005772580
We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture the impact of communication? We consider...
Persistent link: https://www.econbiz.de/10005645507
and across gender. Our results show that when children and teenagers grow older, inequality aversion becomes a gradually …
Persistent link: https://www.econbiz.de/10003978546
and across gender. Our results show that when children and teenagers grow older, inequality aversion becomes a gradually …
Persistent link: https://www.econbiz.de/10009736607
and across gender. Our results show that when children and teenagers grow older, inequality aversion becomes a gradually …
Persistent link: https://www.econbiz.de/10013141434
Evidence suggests that whether or not people dislike lying is situation-dependent. We argue that the theory of simple guilt can accommodate this well.
Persistent link: https://www.econbiz.de/10010702934
This survey explores the contributions of behavioral economics, laboratory experiments, and field experiments to our …, altruism, inequality aversion, and guilt aversion) from pledges of trust and from reciprocal behavior provides a foundation for … of theory and experiments that have identified trust and reciprocity in economics and human behavior. …
Persistent link: https://www.econbiz.de/10010960086
This paper examines the attitude towards relative position or status among rural households in Vietnam. On average, the respondents show weaker preferences for relative position than in comparable studies in Western countries. Possible explanations are the emphasis on the importance of equality...
Persistent link: https://www.econbiz.de/10005651707
We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...
Persistent link: https://www.econbiz.de/10010851445
We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...
Persistent link: https://www.econbiz.de/10010554806