Showing 1 - 10 of 13,144
We test an implication that is common to all prominent theories of outcome-based other-regarding preferences: the ordinal preference ranking of an agent over a finite number of alternatives lying on any straight line in the space of material payoffs to oneself and some other agent must be...
Persistent link: https://www.econbiz.de/10012895003
large body of research demonstrates the power of “reciprocity” for inducing cooperation: When others know that you have … they think others are also cooperating; and people can develop habits of cooperation that shape their default inclinations …
Persistent link: https://www.econbiz.de/10014037089
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature of our model is that players' social preferences are heterogeneous. This gives room for disagreement between players about the “right”...
Persistent link: https://www.econbiz.de/10012851631
Participants in experimental games typically can only choose actions, without making comments about other participants' future actions. In sequential two-person games, we allow first movers to express a preference between responder choices. We find that responder behavior differs substantially...
Persistent link: https://www.econbiz.de/10014093709
We develop a model of social preferences for network games and study its predictions in a local public goods game with multiple equilibria. The key feature is that players' social preferences are heterogeneous. This gives room for disagreement between players about the "right" payoff ordering....
Persistent link: https://www.econbiz.de/10013341638
participants lied at least occasionally). As a result, communication has a positive effect on cooperation when the payoff matrix … makes the returns to cooperation high; when the payoff matrix gives a lower return to cooperation, communication reduces … overall cooperation. These results suggest that cheap talk communication can promote cooperation in repeated games, but only …
Persistent link: https://www.econbiz.de/10012969765
This study experimentally investigates the role of two-sided cheap talk in decisions under asymmetric information. Unlike previous studies, our study also considers endogenous investment timing. In our experiments, subjects play two-player global games with asymmetric information. Before making...
Persistent link: https://www.econbiz.de/10012849211
This paper reports the results of experiments designed to isolate the impact of various combinations of the following motives on trustworthiness: (i) unconditional other-regarding preferences - like altruism, inequality aversion, quasi-maximin, etc.; (ii) deal-responsiveness - reacting to...
Persistent link: https://www.econbiz.de/10010406346
For the trust game, recent models of belief-dependent motivations make opposite predictions regarding the correlation between back-transfers and second- order beliefs of the trustor: While reciprocity models predict a negative correlation, guilt-aversion models predict a positive one. This paper...
Persistent link: https://www.econbiz.de/10011480420
Previous research on gender differences in behavior has led to seemingly contradictory findings about generosity. From data generated by 290 subject pairs, we find that women are more sensitive than men to the costs of generous actions when deciding whether to be generous. The factors that...
Persistent link: https://www.econbiz.de/10012716977