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payoffs of others. This paper reports an experiment that subjects popular social preferences models to the same type of …
Persistent link: https://www.econbiz.de/10014185562
Departures from self-interest in economic experiments have recently inspired models of ?social preferences?. We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with increasing...
Persistent link: https://www.econbiz.de/10014159132
We analyse belief formation in social networks in a laboratory experiment. Our 3 x 3 design varies the network …
Persistent link: https://www.econbiz.de/10014151290
Katharina Wedel prepared this study while she was working at the Center for the Economics of Education at the ifo Institute. The study was completed in September 2023 and accepted as doctoral thesis by the Department of Economics at LMU Munich. It consists of four distinct empirical essays that...
Persistent link: https://www.econbiz.de/10014490033
Overcoming long-term unemployment is a challenging task in which trust of the long-term unemployed in their caseworkers is a key issue. However, research about drivers of this trust is a white spot in the literature. The paper closes this gap. Embedded in a theoretical model at the...
Persistent link: https://www.econbiz.de/10012209249
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a...
Persistent link: https://www.econbiz.de/10012773325
Persistent link: https://www.econbiz.de/10010526921
firm's investment is comparatively more sensitive to cash flow, but this sensitivity is negatively and significantly … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be … solely driven by measurement error in investment opportunity, but may still be interpreted as a consequence of imperfect …
Persistent link: https://www.econbiz.de/10010379263
Persistent link: https://www.econbiz.de/10012244333
Persistent link: https://www.econbiz.de/10008909072