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Persistent link: https://www.econbiz.de/10010232334
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...
Persistent link: https://www.econbiz.de/10008876967
punishment, so that they increase overall welfare ? We report an experiment in which players can issue non-binding threats to …
Persistent link: https://www.econbiz.de/10008676580
Persistent link: https://www.econbiz.de/10010866779
We report the results of an experiment designed to measure how well asset market prices track fundamentals when the …
Persistent link: https://www.econbiz.de/10011090651
are only concerned with their own private welfare. We review the literature addressing whether government intervention is …
Persistent link: https://www.econbiz.de/10011091020
This paper reports the results of an experiment evaluating three regulatory schemes for network infrastructure, in …
Persistent link: https://www.econbiz.de/10011091044
price of the asset, compared to a benchmark of no intervention. These effects are consistent with downward-sloping demand … resistance at the fundamental value is predicted by the model, in which it arises from the impact of an intervention on the …
Persistent link: https://www.econbiz.de/10011091165
Abstract: We report results from an asset market experiment, in which we investigate how the time path of the …
Persistent link: https://www.econbiz.de/10011091308
We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a … individual’s level of prudence is predictive of his wealth, saving, and borrowing behavior outside of the experiment, while …
Persistent link: https://www.econbiz.de/10011091811