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Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
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We consider a theoretical model of a public goods game that incorporates reciprocity, guilt …
Persistent link: https://www.econbiz.de/10012916525
We consider a public goods game which incorporates guilt-aversion/surprise-seeking and the attribution of intentions behind these emotions (Battigalli and Dufwenberg, 2007; Khalmetski et al., 2015). We implement the induced beliefs method (Ellingsen et al., 2010) and a within-subjects design using...
Persistent link: https://www.econbiz.de/10012961708
maximal investment when agents are motivated by reciprocity? We demonstrate that indeed they can, but not in the way one might … signing of formal agreements; they may play a critical role in igniting informal cooperation underpinned by reciprocity. …
Persistent link: https://www.econbiz.de/10011568751
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
We study the interplay between leading-by-example and group identity in a public goods game experiment. A common …
Persistent link: https://www.econbiz.de/10009535527
In an experimental study, we compare individual willingness to cooperate in a public good game after an initial team contest phase. While players in the treatment setup make a conscious decision on how much to invest in the contest, this decision is exogenously imposed on players in the control...
Persistent link: https://www.econbiz.de/10011891197
Evidence from studies in international relations, the politics of reform, collective action and price competition suggests that economic agents in social dilemma situations cooperate more to avoid losses than in the pursuit of gains. To test whether the prospect of losses can induce cooperation,...
Persistent link: https://www.econbiz.de/10011626601