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shifts induced by these environmental changes: when punishment was not available to investors, we observe significantly lower … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was … adjustment of decision strategies in the presence of punishment. These results demonstrate that anti-social personality …
Persistent link: https://www.econbiz.de/10011794369
shifts induced by these environmental changes: when punishment was not available to investors, we observe significantly lower … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was … adjustment of decision strategies in the presence of punishment. These results demonstrate that anti-social personality …
Persistent link: https://www.econbiz.de/10011819525
Experimental behavioral scientists have found consistent deviations from the predictions of the canonical model of self-interest in over a hundred experiments from around the world. Prior research cannot determine whether this uniformity results from universal patterns of behavior, or from the...
Persistent link: https://www.econbiz.de/10005790831
There is abundant evidence that many individuals violate the rationality assumptions routinely made in economics. However, powerful evidence also indicates that violations of individual rationality do not necessarily refute the aggregate predictions of standard economic models that assume full...
Persistent link: https://www.econbiz.de/10005858769
Repeated interactions provide a prominent but paradoxical hypothesis for human cooperation in one-shot interactions. Intergroup competitions provide a different hypothesis that is intuitively appealing but heterodox. We show that neither mechanism reliably supports the evolution of cooperation...
Persistent link: https://www.econbiz.de/10014290043
The empirical evidence on the existence of social preferences-or lack thereof-is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in a...
Persistent link: https://www.econbiz.de/10014333770
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014417651
The empirical evidence on the existence of social preferences-or lack thereof-is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in a...
Persistent link: https://www.econbiz.de/10014468191
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014469617
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014469822