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The theory of games against nature relies on complete preferences among all conceivable acts (case 1). Aumann and Drèze (Am Econ J Microecon 1(1):116,(2009) consider situations where preferences are defined only for a given set of acts (case 2).We extend these results to situations where (i)...
Persistent link: https://www.econbiz.de/10009506406
We investigate experimentally the underlying motivations and individual differences with regard to the participation in between-group conflict in nested social dilemmas. In our nested social dilemmas, the collective is divided into two groups, and individuals allocate tokens between a private, a...
Persistent link: https://www.econbiz.de/10010337030
Day-to-day traffic (DTD) dynamic systems have attracted much attention recently as a powerful tool to describe the evolution of network flows over time. A number of DTD models adopting various behavioral principles have been proposed, but for most of them, either their assumptions are introduced...
Persistent link: https://www.econbiz.de/10012944897
This paper experimentally investigates how individual preferences, through unrestricted deliberation, are aggregated into a group decision in two contexts: reciprocating gifts and choosing between lotteries. In both contexts, we find that median group members have a significant impact on the...
Persistent link: https://www.econbiz.de/10013052034
We experimentally study the impact of framing effects in a repeated sequential social dilemma game. Our between-subjects design consists of two group level (“Wall Street” vs. “Community”) and two individual level (“First (Second) Movers” vs. “Leaders (Followers)”) frames. We find...
Persistent link: https://www.econbiz.de/10013315235
We experimentally study the impact of framing effects in a repeated sequential social dilemma game. Our between-subjects design consists of two group level ("Wall Street" vs. "Community") and two individual level ("First (Second) Movers" vs. "Leaders (Followers)") frames. We find that average...
Persistent link: https://www.econbiz.de/10012294775
A long-standing discussion in economics has developed around the issue of whether institutions (specifically markets) affect peoples' social preferences. One theory posits that markets force people to interact repeatedly, and in so doing reduce anonymity, curtail opportunistic behavior, and make...
Persistent link: https://www.econbiz.de/10014121445
This paper experimentally investigates how individual preferences, through unrestricted deliberation, get aggregated into a group decision in two contexts: reciprocating gifts, and choosing between lotteries. In both contexts we find that median group members have a significant impact on the...
Persistent link: https://www.econbiz.de/10014038250
This paper experimentally investigates how individual preferences, through unrestricted deliberation, get aggregated into a group decision in two contexts: reciprocating gifts, and choosing between lotteries. In both contexts we find that median group members have a significant impact on the...
Persistent link: https://www.econbiz.de/10014038289
This dissertation studies how psychological motives shape economic preferences and outcomes and how these motives are activated through contextual stimuli. In particular, I focus on the motive care which is a prosocial motive that facilitated cooperation by internalizing externalities, whereas...
Persistent link: https://www.econbiz.de/10013336274