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Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …-shot public good games we show that frames affect subjectʼs first- and second-order beliefs and contributions. From a … psychological game-theoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
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Several models of social preferences have been developed at the intersection of social psychology and behavioral economics, such as social value orientation (SVO) and conditional cooperation. Whereas SVO is well researched in its dispositional and situational correlates, we aim to locate...
Persistent link: https://www.econbiz.de/10013488760
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Several models of social preferences have been developed at the intersection of social psychology and behavioral economics, such as social value orientation (SVO) and conditional cooperation. Whereas SVO is well researched in its dispositional and situational correlates, we aim to locate...
Persistent link: https://www.econbiz.de/10014327026
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The data from experiments with the Voluntary Contributions Mechanism suggest five stylized facts, including the restart effect. To date, no theory has explained all of these facts simultaneously. We merge our Individual Evolutionary Learning model with a variation of heterogeneous...
Persistent link: https://www.econbiz.de/10010608548
efficient outcomes. We discuss these results in light of the literature on behavioral theories of reciprocity and conditional …
Persistent link: https://www.econbiz.de/10010866650