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favor and against this assumption and test in our own experiment, whether and which personality factors are useful in …Growing interest in using personality variables in economic research leads to the question whether personality as … measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be …
Persistent link: https://www.econbiz.de/10010326411
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011580465
Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a …
Persistent link: https://www.econbiz.de/10010291833
model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant …
Persistent link: https://www.econbiz.de/10010281679
If two players of a simultaneous symmetric one-shot prisoner's dilemma hold standard prefer-ences, the fact that choosing the cooperative move imposes harm on a passive outsider is imma-terial. Yet if participants hold social preferences, one might think that they are reticent to impose harm on...
Persistent link: https://www.econbiz.de/10010286690
Absentmindedness is a special case of imperfect recall which according to Piccione and Rubinstein (1997a) leads to time inconsistencies. Aumann, Hart and Perry (1997a) question their argument and show how dynamic inconsistencies can be resolved. The present paper explores this issue from a...
Persistent link: https://www.econbiz.de/10010277338
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10010281843
messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10010491446
Sanctions are widely used to promote compliance in principal-agent-relationships. While there is ample evidence confirming the predicted positive incentive effect of sanctions, it has also been shown that imposing sanctions may in fact reduce compliance by crowding-out intrinsic motivation. We...
Persistent link: https://www.econbiz.de/10010267125
than men (e.g., Gneezy et al.(2003), Niederle and Vesterlund (2007)). In this paper, we use personality variables to … understand the underlying motives of women (and men) to enter a competition or avoid it. We use the Big Five personality factors … settings. We first test whether scores on the Big Five are related to performance in our experiment, and second how this is …
Persistent link: https://www.econbiz.de/10011422219