Showing 1 - 10 of 308
We analyse pricing, effort and tipping decisions in the online service "Google Answers". While users set a price for the answer to their question ex ante, they can additionally give a tip to the researcher ex post. In line with the related experimental literature we find evidence that tipping is...
Persistent link: https://www.econbiz.de/10003833189
According to several psychological and economic studies, non-binding communication can be an effective tool to increase trust and enhance cooperation. This paper focuses on reasons why people stick to a given promise and analyzes to what extent image concerns of being perceived as a promise...
Persistent link: https://www.econbiz.de/10010363908
According to several psychological and economic studies, non-binding communication can be an effective tool to increase trust and enhance cooperation. This paper focuses on reasons why people stick to a given promise and analyzes to what extent image concerns of being perceived as a promise...
Persistent link: https://www.econbiz.de/10010403536
Reputational career concerns provide incentives for short-lived agents to work hard, but it is well known that these incentives disappear as an agent reaches retirement. This paper investigates the effects of a market for firm reputations on the life cycle incentives of firm owners to exert...
Persistent link: https://www.econbiz.de/10014124663
Reputational career concerns provide incentives for short lived agents, but these incentives disappear as an agent reaches retirement. This paper investigates the effects of a market for firm reputations on the life-cycle incentives of firm owners to exert effort. A dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10014125568
The standard method when analyzing the problem of cooperation using evolutionary game theory is to assume that people are randomly matched against each other in repeated games. In this paper we discuss the implications of allowing agents to have preferences over possible opponents. We model...
Persistent link: https://www.econbiz.de/10013208482
We analyze a cooperation game in an evolutionary environment. Agents make noisy observations of opponents' propensity to cooperate, called reputation, and form preferences over opponents based on their reputation. A game takes place when two agents agree to play. Pareto optimal cooperation is...
Persistent link: https://www.econbiz.de/10013208494
We experimentally investigate how reputational concerns affect behavior in repeated Tullock contests by comparing expenditures of participants interacting in fixed groups with the expenditures of participants interacting with randomly changing opponents. When participants receive full...
Persistent link: https://www.econbiz.de/10011456852
Reputation plays a major role in human societies, and it has been proposed as an explanation for the evolution of cooperation. While the majority of previous studies equates reputation with a transparent and complete history of players' past decisions, in real life, reputations are often...
Persistent link: https://www.econbiz.de/10012935435
Persistent link: https://www.econbiz.de/10013077899