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In this paper we show that a simple model of fairness preferences explains major experimental regularities of common … pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10011398786
experiment, a trust game variant, we study whether moral wiggle room also prevails, when reciprocity is a potential motivation …
Persistent link: https://www.econbiz.de/10011446176
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard … account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its …
Persistent link: https://www.econbiz.de/10013252726
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contributing to the public good. The model combines a follower's concern for fairness and informational signaling about … experiment (Jack and Recalde, J. Public Econ, 2015) but cannot be obtained in previous theoretical models of voluntary public …
Persistent link: https://www.econbiz.de/10011573862
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social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that …
Persistent link: https://www.econbiz.de/10011507945
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