Showing 1 - 5 of 5
In a within-subjects framework, we compare levels of transfer in the trust game and in the (triple) dictator game. We control preferences towards risk through the Holt and Laury test (2002) and social preferences with the ring test (Liebrand, 1984). We then provide evidence that social...
Persistent link: https://www.econbiz.de/10010904534
We run a market experiment where subjects take the role of firms and can choose not only their price but also whether to present comparable offers. Firms are faced with artificial demand whereby consumers make mistakes in assessing the net value of products on the market. Some of those consumers...
Persistent link: https://www.econbiz.de/10010939418
It has been shown that subjects tend to follow others’ behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use...
Persistent link: https://www.econbiz.de/10011261543
Evidence of Illusion of Control – the fact that people believe to have control over pure chance events – is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to...
Persistent link: https://www.econbiz.de/10011262827
In this paper we examine the question of wether a collective activity can influence cooperation in a subsequent repeated one shot prisoner's dilemma (PD) game. We conduct two series of experiments. The first consists of control experiments in which 30 periods of a PD game are played, with a...
Persistent link: https://www.econbiz.de/10008725972