Showing 1 - 10 of 42
economists fail to understand fundamental economic questions when they disregard social preferences, in particular, that without …
Persistent link: https://www.econbiz.de/10005627810
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by …
Persistent link: https://www.econbiz.de/10009283571
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by …
Persistent link: https://www.econbiz.de/10009293827
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and...
Persistent link: https://www.econbiz.de/10010262013
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10010262063
This paper discusses recent neuroeconomic evidence related to other-regarding behaviors and the decision to trust in other people's other-regarding behavior. This evidence supports the view that people derive nonpecuniary utility (i) from mutual cooperation in social dilemma (SD) games and (ii)...
Persistent link: https://www.econbiz.de/10010267444
This paper investigates the driving forces behind informal sanctions in cooperation games and the extent to which theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted towards the defectors but the latter also impose a...
Persistent link: https://www.econbiz.de/10010267590
Typically, laboratory experiments suffer from homogeneous subject pools and selfselection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and...
Persistent link: https://www.econbiz.de/10010300553
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and...
Persistent link: https://www.econbiz.de/10010276356
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by …
Persistent link: https://www.econbiz.de/10010285984