Showing 61 - 70 of 11,597
I conduct an experiment to assess whether majority voting on a non- binding sharing norm affects subsequent behavior in a dictator game. In a baseline treatment, subjects play a one shot dictator game. In a voting treatment, subjects are ï¬rst placed behind a 'veil of ignorance' and vote on...
Persistent link: https://www.econbiz.de/10005051032
than reciprocity and efficiency considerations. …
Persistent link: https://www.econbiz.de/10005021715
We present an explanation of the high frequency of team production and high level of peer monitoring found in Japanese firms, in terms of a simple and empirically grounded variation in individual utility functions. We argue that Japanese agents are generally characterized by a higher degree,...
Persistent link: https://www.econbiz.de/10005021796
We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture the impact of communication? We consider...
Persistent link: https://www.econbiz.de/10005645507
important primitives of social capital – trust and reciprocity – which can be used to explain deviations from the Nash …
Persistent link: https://www.econbiz.de/10005700904
reciprocity: stakeholders punish but do not reward, whereas spectators both reward and punish. This result suggests that the lack … of positive reciprocity found in other studies is not due to an asymmetry in underlying reciprocal preferences but rather …
Persistent link: https://www.econbiz.de/10005616927
We provide a systematic comparison of punishment from unaffected third parties and affected second parties using a within-subject design in ten simple games. We apply the classification analysis by El-Gamal and Grether (1995) and find that a parsimonious model assuming subjects are either...
Persistent link: https://www.econbiz.de/10005627932
behaviour that have been documented in a number of experimental studies, whereas existing models of intention-based reciprocity …
Persistent link: https://www.econbiz.de/10011210866
In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the proposer can choose between two possible offers. Option...
Persistent link: https://www.econbiz.de/10009371183
A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in less than half of the cases. Under conventional...
Persistent link: https://www.econbiz.de/10008683731