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Social preferences: Some simple tests and a new model

Charness, Gary; Rabin, Matthew - Department of Economics and Business, Universitat … - 1999

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...

Persistent link: https://www.econbiz.de/10005772580

Promises & Partnership

Charness, Gary; Dufwenberg, Martin - Nationalekonomiska institutionen, Stockholms Universitet - 2003

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

Responsibility-allevation and effort provision in a gift-exchange experiment

Charness, Gary - Department of Economics and Business, Universitat … - 1998

is responsible for an outcome. The responsibility-alleviation effect states that a shift of responsibility to an external … party, indicating that even a slight shift in perceived responsibility for the final payoffs can change behavior …. Responsibility-alleviation is a factor in economic environments featuring substantial personal interaction. …

Persistent link: https://www.econbiz.de/10005772491

Relative payoffs and happiness: An experimental study

Charness, Gary; Grosskopf, Brit - Department of Economics and Business, Universitat … - 1999

Some current utility models presume that people are concerned with their relative standing in a reference group. If this is true, do certain types care more about this than others? Using simple binary decisions and self-reported happiness, we investigate both the prevalence of ``difference...

Persistent link: https://www.econbiz.de/10005707960

Learning Your Own Risk Preferences

Charness, Gary; Chemaya, Nir; Trujano-Ochoa, Dario - 2022

Do people know their own risk preferences, or do risk choices change with experience and observation? We provide a clean and straightforward test in the laboratory. People make an initial decision concerning a lottery choice and then experience 24 practice periods in which they roll the dice,...

Persistent link: https://www.econbiz.de/10013404466

Repeated Experience and Consistent Risk Preferences

Charness, Gary; Chemaya, Nir - 2023

Economists have developed various methods to elicit risk preferences, which can help forecast decision-making in risky scenarios. However, risk elicitation can be complex, and there remain unresolved challenges. Our research demonstrates that repeated exposure to risk elicitation tasks, such as...

Persistent link: https://www.econbiz.de/10014350808

Experimental Methods: Eliciting and Measuring Social Norms

Charness, Gary; Dimant, Eugen; Gneezy, Uri; Krupka, Erin - 2025

Eliciting social norms is essential for understanding a range of behaviors in economic contexts. This paper reviews key experimental approaches to social-norm measurement, comparing the methods, practical considerations, and specific conditions under which each is most effective. We discuss...

Persistent link: https://www.econbiz.de/10015409741

Experimental methods : eliciting and measuring social norms

Charness, Gary; Dimant, Eugen; Genîzî, Ûrî; Krupka, Erin - 2025

Persistent link: https://www.econbiz.de/10015396771

Competitive preferences and status as an incentive: Experimental evidence

Charness, Gary; Masclet, David; Villeval, Marie-Claire - 2010

In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...

Persistent link: https://www.econbiz.de/10010277030

The Dark Side of Competition for Status

Charness, Gary; Masclet, David; Villeval, Marie Claire - Groupe d'Analyse et de Théorie Économique Lyon … - 2014

Unethical behavior within organizations is not rare. We investigate experimentally the role of status-seeking behavior in sabotage and cheating activities aiming at improving one’s performance ranking in a flat-wage environment. We find that average effort is higher when individuals are...

Persistent link: https://www.econbiz.de/10011161035