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important in many interactions, we study a theoretical model on reciprocity where a player's altruism depends on her perception … empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover's lying propensity … evidence that reciprocity does not play a role for lying behavior in our setting. …
Persistent link: https://www.econbiz.de/10011933920
monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we …
Persistent link: https://www.econbiz.de/10010496082
psychology and economic theory literature on the causes and consequences of status-seeking behaviour. It integrates the idea in a …
Persistent link: https://www.econbiz.de/10014265989
We analyze communication about the social returns to investment in a public good. We model two agents who have private information about these returns as well as their own taste for cooperation, or social preferences. Before deciding to contribute or not, each agent submits an unverifiable...
Persistent link: https://www.econbiz.de/10011801387
Persistent link: https://www.econbiz.de/10013259258
Social life offers innumerable instances in which trust relations involve multiple agents. In an experiment, we study a … actions. Trustworthiness has also a strategic motivation, and the trusters' decision depends upon their beliefs about the …, strategic motives appear as a major drive for trustees, comparable in size to positive reciprocity, and more important than …
Persistent link: https://www.econbiz.de/10011734290
monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we …
Persistent link: https://www.econbiz.de/10013024731
We introduce intention-based social preferences into a mechanism design framework with independent private values and quasilinear payoffs. For the case where the designer has no information about the intensity of social preferences, we provide conditions under which mechanisms which have been...
Persistent link: https://www.econbiz.de/10010354632
information on reciprocity types, implementability of an incentive-compatible social choice function is guaranteed if it satises … an additional insurance property. By contrast, precise information on reciprocity types may imply that all ecient social … agents have private information about their material payo types and their reciprocity types. We also provide a systematic …
Persistent link: https://www.econbiz.de/10011444226
Extending the power-to-take game, we explore the impact of two forces that may shape retaliation. In our 2x2 design, i) in addition to taking, the proposers can give part of their endowment to the responders, and ii) in addition to destroying their own endowment in retaliation, the responders...
Persistent link: https://www.econbiz.de/10014331767