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Intertemporal choice under habit formation
Fehr, Ernst; Zych, Peter K. - 2008
Persistent link: https://www.econbiz.de/10003749892
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Intertemporal Choice Under Habit Formation
Fehr, Ernst; Zych, Peter K. - 2000
-temporal choice experiment with habit-formation. Subjects' choices deviate systematically from individually optimal decisions in the …
Persistent link: https://www.econbiz.de/10014155238
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Chapter 98 Intertemporal Choice under Habit Formation
Fehr, Ernst; Zych, Peter K. - In: Handbook of experimental economics results : volume 1, (pp. 923-928). 2008
uncertainty. Hence, psychologically relevant features of the decision problem play an important role. This chapter also presents …
Persistent link: https://www.econbiz.de/10014023549
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Appropriating the commons : a theoretical explanation
Falk, Armin; Fehr, Ernst; Fischbacher, Urs - 2001
In this paper we show that a simple model of fairness preferences explains major experimental regularities of common pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without sanctioning possibilities inefficient excess appropriation is...
Persistent link: https://www.econbiz.de/10011398786
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The role of equality and equity in social preferences
Fehr, Ernst; Naef, Michael; Schmidt, Klaus M. - 2005
Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...
Persistent link: https://www.econbiz.de/10010440438
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The economics of fairness, reciprocity and altruism : experimental evidence and new theories ; chapter written for the Handbook of reciprocity, gift-giving and altruism
Fehr, Ernst; Schmidt, Klaus M. - 2005 - This version: June 6, 2005
altruism on economic decision making. It also reviews some new theoretical attempts to model the observed behavior. …
Persistent link: https://www.econbiz.de/10010440439
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Do high stakes and competition undermine fair behaviour? : evidence from Russia
Fehr, Ernst; Tugareva, Elena; Fischbacher, Urs - In: Journal of economic behavior & organization : JEBO 108 (2014), pp. 354-363
Persistent link: https://www.econbiz.de/10011296493
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The dark side of personality : anti-sociality increases strategic game play
Engelmann, Jan; Schmid, Basil; Chumbley, Justin; Fehr, Ernst - 2018
decision strategies in a manner that is consistent with its name: significantly lower levels of trust and decreased … adjustment of decision strategies in the presence of punishment. These results demonstrate that anti-social personality … supports the notion that self-projection underlies anti-social decision-making. …
Persistent link: https://www.econbiz.de/10011794369
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The dynamics of norm formation and norm decay
Fehr, Ernst; Schurtenberger, Ivo - 2018
Social norms are a ubiquitous feature of social life and pervade almost every aspect of human social interaction. However, despite their importance we still have relatively little empirical knowledge about the forces that drive the formation, the maintenance and the decay of social norms. In...
Persistent link: https://www.econbiz.de/10011854858
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Money illusion and coordination failure
Fehr, Ernst; Tyran, Jean-Robert - 2004
effects of money illusion: even though money illusion vanishes over time if subjects are given learning opportunities in the …
Persistent link: https://www.econbiz.de/10011402620