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uncertainty normally influence agents' behaviour. When this prediction holds and behaviour is in fact influenced by the number of … groups, fragmentation will not outperform a less fragmented society concerning compensation costs. An experiment is conducted … applied to the behaviour of agents. …
Persistent link: https://www.econbiz.de/10010271056
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10010281631
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10010286720
for this observation. By conducting a non-computer-based laboratory experiment, we created an environment, in which … that resulting contracts between the investors and entrepreneurs in the experiment on average imposed most of the financial …
Persistent link: https://www.econbiz.de/10010319298
The distinct historical and cultural experiences of American blacks and whites may influence whether members of those groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game, where...
Persistent link: https://www.econbiz.de/10010278527
Rubinstein (2007) has recently found that the frequency of (types of) decisions made in Internet experiments are related to the time taken for these decisions. Other authors have investigated this relationship by exerting some time pressure. In this paper, I report on an attempt to do the...
Persistent link: https://www.econbiz.de/10010286422
paradigm. The analysis on the ultimatum game experiment reveals evidences for the utility threshold and thus supports Bernoulli …
Persistent link: https://www.econbiz.de/10010309604
In this paper we import a mainstream psycholgical theory, known as attachment theory, into economics and show the implications of this theory for economic behavior by individuals in the ultimatum bargaining game. Attachment theory examines the psychological tendency to seek proximity to another...
Persistent link: https://www.econbiz.de/10010336040
players modify their behavior. We conducted a repeated ultimatum game experiment with random strangers, in which one treatment …
Persistent link: https://www.econbiz.de/10010286460
We analyze gender differences in the trust game in a behind the veil of ignorance design. This method yields strategies that are consistent with actions observed in the classical trust game experiments. We observe that, on average, men and women do not differ in trust, and that women are...
Persistent link: https://www.econbiz.de/10010325668