Showing 1 - 10 of 1,633
We enrich the choice task of responders in ultimatum games by allowing them to independently decide whether to collect what is offered to them and whether to destroy what the proposer demanded. Such a multidimensional response format intends to cast further light on the motives guiding responder...
Persistent link: https://www.econbiz.de/10010395127
setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict … and results in a considerable loss of efficiency. -- Social Preferences ; Conflict ; Experimental Economics ; Bargaining …
Persistent link: https://www.econbiz.de/10009374671
This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies,...
Persistent link: https://www.econbiz.de/10011700273
We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a dictator game variant subjects can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of subjects showing other-regarding behavior...
Persistent link: https://www.econbiz.de/10008746951
psychologically inconsistent cognitions indeed report higher levels of experienced conflict and take more time for their decisions …
Persistent link: https://www.econbiz.de/10010475637
By now there is substantial experimental evidence that people make use of "moral wiggle room" (Dana et al., 2007), that is, they tend to exploit moral excuses for selfish behavior. However, this evidence is limited to dictator games. In our experiment, a trust game variant, we study whether...
Persistent link: https://www.econbiz.de/10011446176
report higher levels of experienced conflict and take more time for their decisions (our proxies for cognitive dissonance …
Persistent link: https://www.econbiz.de/10009129721
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011576929
Debating over efficiency-enhancing but inequality-increasing reforms accounts for the routine business of democratic institutions. Fernandez and Rodrik (1991) hold that anti-reform bias can be attributed to individual-specific uncertainty regarding the distribution of gains and losses resulting...
Persistent link: https://www.econbiz.de/10014169290
sector agents than are feasible in econometric or algebraic investigations and employs a new central bank cooperation-conflict … policy ; exchange rate shocks ; central bank cooperation ; central bank conflict …
Persistent link: https://www.econbiz.de/10003906415