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(generosity) and the risk of losses for the first mover (vulnerability) are important drivers for second mover behavior. On the …
Persistent link: https://www.econbiz.de/10011480554
Agents with reciprocal preferences prefer to be matched to a partner who also likes to collaborate with them. In this paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for mechanism design. Formally, the preferences of an agent...
Persistent link: https://www.econbiz.de/10014478421
-ticipants’ risk attitudes. Besides incentives, gender plays an important role for the categoriza-tion of different social preferences. …
Persistent link: https://www.econbiz.de/10010208556
-regarding preferences ; social preferences ; decision making under risk ; single-peaked preferences ; experiments …
Persistent link: https://www.econbiz.de/10009306937
In this study, we propose a stochastic choice model to identify the motivations of prosocial behavior. We focus on the role of inequity aversion in outcome-based preferences and the shame of acting selfishly in social concerns. We employ an additively perturbed utility model to social...
Persistent link: https://www.econbiz.de/10013321549
In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others' utility - we call this interpersonal uncertainty. We show that people's response to interpersonal uncertainty shapes well-known patterns of prosocial behavior. First, using standard social...
Persistent link: https://www.econbiz.de/10014578386
In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we call this interpersonal uncertainty. We show that people’s response to interpersonal uncertainty shapes well-known patterns of prosocial behavior. First, using standard...
Persistent link: https://www.econbiz.de/10014576953
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we … behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10011299882
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk …. We consider whether showing own payoff as a share of the total payoff changes risk preferences. Showing total payoffs … explicitly draws attention to risk at the level of the pair and may thus moderate dislike for negatively correlated lotteries, as …
Persistent link: https://www.econbiz.de/10011295782
). In this paper we address this question by using a measure of costly cooperation elicited in a laboratory experiment to … 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