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We study ultimatum and dictator experiments where the first moverchooses the amount of money to be distributed between the playerswithin a given interval, knowing that her own share is fixed. Thus, thefirst mover is faced with scarcity, but not with the typical trade-off betweenher own and the...
Persistent link: https://www.econbiz.de/10005870982
Why is it that well-intentioned actions can create persistent conflicts? While norms are widely regarded as a source for cooperation,this article proposes a novel theory in which the emergence of normscan be understood as a bargaining process in which normative conflicts explain the nally...
Persistent link: https://www.econbiz.de/10009248890
We experimentally show that current models of reciprocity are in-complete in a systematic way using a new variant of the ultimatumgame that provides second-movers with a marginal-cost-free punish-ment option. For a substantial proportion of the population, the de-gree of first-mover unkindness...
Persistent link: https://www.econbiz.de/10009302672
Machiavelli advises against delegating the distribution of favors. We test this claim in anexperiment, in which an investor can directly transfer money to a trustee or delegate thisdecision to another investor. Varying the value of the transfers of the investor and thedelegate, we find that the...
Persistent link: https://www.econbiz.de/10009302676
Value Surveys may reveal well-behaved societies by the statistical treatment of the agents` declarations of compliance with social values. Similarly, the results of experiments conducted on games with conflict of interest trace back to two important primitives of social capital trust and...
Persistent link: https://www.econbiz.de/10005859519
The measurement of social norms plays a pivotal role in many social sciences.While economists predominantly conduct experiments, sociologistsrather employ (factorial) surveys. Both methods, however, suer from distinctweaknesses. Experiments, on the one hand, often fall short in themeasurement of...
Persistent link: https://www.econbiz.de/10005866393
The literature on social preferences provides overwhelming evidence of departuresfrom pure self-interest of individuals. Experiments show that people care about others’well-being and their relative standing. This paper investigates whether this type ofbehavior persists when risk comes into...
Persistent link: https://www.econbiz.de/10005866400
I conduct an experiment to assess whether majority voting on a nonbindingsharing norm affects subsequent behavior in a dictator game. Ina baseline treatment, subjects play a one shot dictator game. In a votingtreatment, subjects are first placed behind a ‘veil of ignorance’ and vote onthe...
Persistent link: https://www.econbiz.de/10005866591
We report on an experiment designed to explore the interrelation of otherregardingconcerns with attitudes towards risk and delay when the latterhave a social dimension, i.e., pertain to one's own and another person'spayos. For this sake, we compare evaluations of several prospects, eachof which...
Persistent link: https://www.econbiz.de/10005866823
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are also elicited. Our resultsshow that average payback...
Persistent link: https://www.econbiz.de/10005866876