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The first essay “Informational Asymmetries in Laboratory Asset Markets with State-Dependent Fundamentals” investigates the formation of market prices in a new experimental setting involving multi-period call-auction asset markets. In this paper, we are particularly interested in two...
Persistent link: https://www.econbiz.de/10011299763
Several studies have shown that social identity fosters the provision of public goods and enhances the willingness to reciprocate cooperative behavior of group members dependent on the social environment. Yet, the question of how social identity affects negative reciprocity in...
Persistent link: https://www.econbiz.de/10010336540
The question to what extent social environment affects how individuals govern their groups, has received no special academic attention, yet. Within the framework of a ten-period public goods experi&ment we analyse how social identity affects subjects ́choice of punishment: They may either...
Persistent link: https://www.econbiz.de/10010336543
Individuals who share a common identity show persistently elevated contributions to public goods. Yet, so far the factors that actually trigger this welfare enhancement are not precisely understood. We investigate two channels: (1) subjects ́expectations on group members ́cooperativeness and...
Persistent link: https://www.econbiz.de/10010336547
This article analyzes how the anticipation of peer-punishment affects cooperativeness in the provision of public goods under social identity. For this purpose we conduct one-shot public good games with induced social identity and implement in-group, out-group and random matching protocols. Our...
Persistent link: https://www.econbiz.de/10010336550
This dissertation extends the understanding of asymmetric group behavior in the provision of public goods. Previous studies, using an asymmetric framework, have so far focused on situations where all players profit form the social optimum. The discussion in the first paper breaks with this...
Persistent link: https://www.econbiz.de/10011557920
Traditionally economic theory assumes that preferences are stable facilitating positive predictions of economic policy. While there is conflicting experimental evidence on the temporal stability of cooperation preferences in public goods provision, surprisingly little is known about their...
Persistent link: https://www.econbiz.de/10009680744
Individuals who share a common identity show persistently elevated contributions to public goods. Yet, so far the factors that actually trigger this welfare enhancement are not precisely understood. We investigate two channels: (1) subjects' expectations on group members' cooperativeness and (2)...
Persistent link: https://www.econbiz.de/10013056108