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. I conduct two experiments, a Trust game and a Public Goods game, and a survey to measure social capital. I then examine …
Persistent link: https://www.econbiz.de/10011613263
. I conduct two experiments, a Trust game and a Public Goods game, and a survey to measure social capital. I then examine …
Persistent link: https://www.econbiz.de/10014065529
There is by now ample evidence from laboratory experiments that individuals exhibit "prosocial" or "other … laboratory experiments with 645 subjects at a trucker training program in the Midwestern US. The experiment use a version of the …
Persistent link: https://www.econbiz.de/10011434284
We measure a specific form of other-regarding behavior, costly cooperation with an anonymous other, among 645 subjects at a trucker training program in the Midwestern US. Using subjects' second-mover strategy in a sequential form of the Prisoners' Dilemma, we categorize subjects as: Free Rider,...
Persistent link: https://www.econbiz.de/10011453418
environmental valuation. Economic experiments, in the lab or field, are an attractive tool to address intricate incentive and …. Second, direct experimental methods to measure actual values for public and private goods are examined. These experiments ask … affect these values. Third, we survey testbed experiments designed to identify potential incentive problems caused by …
Persistent link: https://www.econbiz.de/10014023920
Most economic models are based on the self-interest hypothesis that assumes that material self-interest exclusively motivates all people. Experimental economists have gathered overwhelming evidence in recent years, however, that systematically refutes the self-interest hypothesis, suggesting...
Persistent link: https://www.econbiz.de/10014023675
This study uses an agent-based computational labor market framework to undertake a systematic experimental investigation of the relationship between market structure and market power. Market structure is measured in terms of job capacity (total potential job openings to total potential work...
Persistent link: https://www.econbiz.de/10014064796
in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes … experiments and designs can be made through predicting their impact on equity-bias. All aspects of an individual’s behavior, such …
Persistent link: https://www.econbiz.de/10011523718
Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that motivates and guides much human behavior....
Persistent link: https://www.econbiz.de/10012130847
Behavioral economics characterizes decision-makers using psychologically-informed models. Cognitive science produces psychologically-informed models. Why don't these disciplines talk more? Here, the author presents several arguments for why cognitive science should inform behavioral economics -...
Persistent link: https://www.econbiz.de/10011976074