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Age and the development of trust and reciprocity

Sutter, Matthias; Kocher, Martin G. - 2003

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different …

Persistent link: https://www.econbiz.de/10005845176

Trust in cooperation or ability? - An experimental study on gender differences

Schwieren, Christiane; Sutter, Matthias - 2003

We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …

Persistent link: https://www.econbiz.de/10005845180

Age and the development of trust and reciprocity

Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …

Persistent link: https://www.econbiz.de/10005866861

Trust in cooperation or ability? - An experimental study on gender differences

Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …

Persistent link: https://www.econbiz.de/10005866903

Time is money - Time pressure, incentives, and the quality of decision-making

Kocher, Martin; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Many decisions in economics and finance have to be made under severe time pressure. Furthermore, payoffs frequently depend on the speed of decision-making, like, for instance, when buying and selling stocks. In this paper, we examine the influence of time pressure and time-dependent incentive...

Persistent link: https://www.econbiz.de/10005845172

Individual behavior and group membership: Comment

Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008

Charness et al. (2007b) have shown that group membership has a strong effect on individualdecisions in strategic games when group membership is salient through payoff commonality.In this comment I show that their findings also apply to non-strategic decisions, even when nooutgroup exists, and I...

Persistent link: https://www.econbiz.de/10005866444

Causes, consequences, and cures of myopic loss aversion –An experimental investigation

Fellner, Gerlinde; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008

We examine in an experiment the causes, consequences and possible cures ofmyopic loss aversion (MLA) for investment behaviour under risk. We find thatboth, investment horizons and feedback frequency contribute almost equally tothe effects of MLA. Longer investment horizons and less frequent...

Persistent link: https://www.econbiz.de/10005866463

Individual or team decision-making –Causes and consequences of self-selection

Kocher, Martin; Strauß, Sabine; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Even though decision-making in small teams is pervasive in business and in private life, littleis known about subjects’ preferences with respect to individual and team decision-making andabout the consequences of respecting these preferences. We report the results from anexperimental...

Persistent link: https://www.econbiz.de/10005866770

Tournaments for the endogenous allocating of prizes within workteams - Theory and experimental evidence

Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

We present a model where compensation within a workteam is determinedendogenously by the use of a rank-order tournament. Team memberscompete in their efforts for the right to propose the distribution of a prizewithin the team. The implementation of a proposal requires the approvalof other team...

Persistent link: https://www.econbiz.de/10005866847

The Decision Maker Matters: Individual versus Group Behaviour in Experimental Beauty-Contest Games

Kocher, Martin G.; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Economics has devoted little attention so far as to whether the type of decision maker matters for economic decisions. However, many important decisions like those on monetary policy or a company’s business strategy are made by (small) groups rather than an individual. We compare behaviour of...

Persistent link: https://www.econbiz.de/10005866848