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This paper focuses on information acquisition and individual decision making in ambiguous situations and presents a novel experimental design which may help to tackle open questions from a fresh perspective. Instead of giving subjects the choice between risky and ambiguous Ellsberg urns, we let...
Persistent link: https://www.econbiz.de/10010331335
The decision how to share resources with others often needs to be taken under uncertainty on its allocational …
Persistent link: https://www.econbiz.de/10011584886
, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …
Persistent link: https://www.econbiz.de/10010281843
In our experiment, a dictator game variant, the reported outcome of a die roll determines the endowment (low/high) in a subsequent dictator game. In one treatment the experimenter is present and no cheating is possible, while in another subjects can enter the result of the roll themselves. Moral...
Persistent link: https://www.econbiz.de/10010291850
For a rational choice theorist, the absence of crime is more difficult to explain than its presence. Arguably, the expected value of criminal sanctions, i.e. the product of severity times certainty, is often below the expected benefit. We rely on a standard theory from behavioral economics,...
Persistent link: https://www.econbiz.de/10010323872
For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10011580498
Experimental research on generosity has focused predominantly on behavior in the monetary domain, although many real life decisions take place in the non-monetary domain. Investigating generosity preferences in the non-monetary domain is important to understand a large class of situations...
Persistent link: https://www.econbiz.de/10011947458
dictator's donation crowds out one-for-one a donation by the experimenters, which aims at measuring warm glow giving, (iii) a …
Persistent link: https://www.econbiz.de/10010274632
People can often contribute to prosocial causes by several means; for instance, environmentally friendly activities include sorting household waste, buying organic products, and donating to NGOs. Policy to encourage prosocial behavior is sometimes directed only towards a particular activity,...
Persistent link: https://www.econbiz.de/10013208738
There is little consensus on whether women are more generous than men; some research results indicate a higher propensity towards giving of female dictators, whilst others suggest the opposite. Two explanations have been put forward. According to the first one, women are more generous than men...
Persistent link: https://www.econbiz.de/10010513185