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The standard procedure in experimental economics maintains anonymity among participants. Yet, many field interactions are conducted with neither complete anonymity nor complete familiarity. How will people respond to varying degrees of anonymity and social distance? We consider the effect of one...
Persistent link: https://www.econbiz.de/10014034431
economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or …
Persistent link: https://www.econbiz.de/10014193833
The gift-exchange game is a form of sequential prisoner's dilemma, developed by Fehr, Kirchsteiger, and Riedl (1993), and popularized in a series of papers by Ernst Fehr and co-authors. While the European studies typically feature a high degree of gift exchange, the few U.S. studies provide some...
Persistent link: https://www.econbiz.de/10014122584
We consider bargaining in a bipartite network of buyers and sellers, who can only trade with the limited number of people with whom they are connected. Such networks could arise due to proximity issues or restricted communication flows, as with information transmission of job openings, business...
Persistent link: https://www.econbiz.de/10014142824
This paper investigates whether information about generosity or fairness can be useful in lowering dispute costs and enhancing bargaining efficiency. Subjects were first screened using a dictator game, with the allocations chosen used to separate participants into two types. Mutually anonymous...
Persistent link: https://www.econbiz.de/10014052486
Persistent link: https://www.econbiz.de/10011702070
This paper presents the first laboratory study of risk-sharing without commitment. Our experiment captures the main … for the shape of the constrained optimal risk-sharing arrangement. In our experiment, participants are matched in pairs …-horizon and discounting in the model. Second, at the end of the experiment, a unique period is randomly drawn to count for cash …
Persistent link: https://www.econbiz.de/10014073184
economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or …
Persistent link: https://www.econbiz.de/10005707975
Persistent link: https://www.econbiz.de/10003764264
Persistent link: https://www.econbiz.de/10002103522