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experiment, a trust game variant, we study whether moral wiggle room also prevails, when reciprocity is a potential motivation … reciprocity. Among our subjects, 40% of the reciprocators exploited moral wiggle room. …
Persistent link: https://www.econbiz.de/10011446176
, risk aversion, and reciprocity. Particularly, we are interested in the role of reciprocity because the possibility of …-social, lottery-like setting, where a computer plays the role of the receiver. This means that the relevance of reciprocity … that sendings are mainly driven by overoptimistic beliefs. We use a modified version of the reciprocity model of Dufwenberg …
Persistent link: https://www.econbiz.de/10013056469
) is added in order to introduce reciprocity. We find significantly higher rates of selfish choices in our treatments that …
Persistent link: https://www.econbiz.de/10011576929
, strategic motives appear as a major drive for trustees, comparable in size to positive reciprocity, and more important than …
Persistent link: https://www.econbiz.de/10011734290
A controversy has been simmering in law for at least 30 years about whether pro bono work should be mandatory for lawyers, who now donate 1-3% of their time to the poor. This has centered on the unmet legal needs of the poor, the duty of lawyers, and the contrast with US doctors, who are...
Persistent link: https://www.econbiz.de/10010383298
costly contracts or expensive reputations. Concurrently, experiments suggest that reciprocity is a potent substitute for law …
Persistent link: https://www.econbiz.de/10012957379
Persistent link: https://www.econbiz.de/10011950338
costly contracts or expensive reputations. Concurrently, experiments suggest that reciprocity is a potent substitute for law …
Persistent link: https://www.econbiz.de/10012455329
We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010498486
We experimentally examine the effects of price competition in markets for experience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010188722