Showing 1 - 10 of 16
We propose a method to identify the ranking of focal points (Schelling, 1960) on the individual level. By contrast to conventional coordination, where subjects bet on only one alternative, subjects coordinate by the distribution of points. This allows them to invest in multiple alternatives and...
Persistent link: https://www.econbiz.de/10011987024
Persistent link: https://www.econbiz.de/10011997989
We study allocation behavior when outcome inequality is inevitable but a fair process is feasible, as in selecting one person from several candidates for a job or award. We show that allocators may be influenced by inappropriate criteria, impeding the implementation of a fair process. We study...
Persistent link: https://www.econbiz.de/10012871537
Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We study such preferences in a laboratory experiment by...
Persistent link: https://www.econbiz.de/10012169494
We study allocation behavior when outcome inequality is inevitable but a fair process is feasible, as in selecting one person from several candidates for a job or award. We show that allocators may be influenced by inappropriate criteria, impeding the implementation of a fair process. We study...
Persistent link: https://www.econbiz.de/10012153652
We propose the Point Beauty Contest, a mechanism to identify the distribution of focal points on the individual level. By contrast to conventional coordination, subjects coordinate by the distribution of points. This allows for nuanced coordination strategies, as subjects can invest in multiple...
Persistent link: https://www.econbiz.de/10012153663
Using coordination games, we study whether social norm perception differs between inexperienced and experienced participants in economic laboratory experiments. We find substantial differences between the two groups, both regarding injunctive and descriptive social norms in the context of...
Persistent link: https://www.econbiz.de/10012103380
We experimentally study the relationship between social norms and social preferences on the individual level. Subjects coordinate on injunctive and descriptive norms, and we test which type of norm is more strongly related to behavior in a series of dictator games. Our experiment yields three...
Persistent link: https://www.econbiz.de/10012103385
We propose and experimentally test two tractable methods to incentivize the elicitation of private information: Benchmark and Coordination. Both mechanisms capitalize on the false consensus effect, a well-documented phenomenon that follows Bayesian reasoning. That is, individuals use their own...
Persistent link: https://www.econbiz.de/10012103387
We study whether social norm perception in economic laboratory experiments differs between subjects that participate for the first time and subjects that already participated many times. Consistent with previous studies, inexperienced subjects pronounce egalitarianism, while experienced subjects...
Persistent link: https://www.econbiz.de/10011944119