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The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effects of discounting differentials in...
Persistent link: https://www.econbiz.de/10014284761
The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effects of discounting differentials in...
Persistent link: https://www.econbiz.de/10014287389
test for a general patience advantage, predicted independent of the shape of discounting, and it receives strong behavioral …
Persistent link: https://www.econbiz.de/10014279476
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We experimentally investigate the effect of timing of implementation of decisions on trust and trustworthiness. In the “Now” treatment, a standard trust game is run and subjects receive payment in the same date of the experiment. In the “Later” treatment, subjects make decisions in the...
Persistent link: https://www.econbiz.de/10013220297
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environment affects the emergence of bank runs and thus should influence the willingness to rush to the bank. We test the …
Persistent link: https://www.econbiz.de/10012012150
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