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This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional...
Persistent link: https://www.econbiz.de/10010191920
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...
Persistent link: https://www.econbiz.de/10012168600
and beliefs but reverses the order of causality. We use existing evidence from a multi-stage experiment in which we first …
Persistent link: https://www.econbiz.de/10011891123
contextual variance may inadvertently muddle the measurement process. We use a within-subjects design and measure distributional …
Persistent link: https://www.econbiz.de/10011448133
variance may inadvertently muddle the measurement process and complicate comparisons between different strands of research. In … social context is an inherent part of measurement methodology when considering social motivations. …
Persistent link: https://www.econbiz.de/10011412243
We propose a historical perspective on replication in experimental economics focused on public good games. Our intended contribution is twofold: in terms of method and in terms of object. Methodologically, we blend traditional qualitative history of economics with a less traditional quantitative...
Persistent link: https://www.econbiz.de/10012953700
We propose a historical perspective on replication in experimental economics focused on public good games. Our intended contribution is twofold: in terms of method and in terms of object. Methodologically, we blend traditional qualitative history of economics with a less traditional quantitative...
Persistent link: https://www.econbiz.de/10011810046
about our experimental results. Survey participants predicted most of the observed behavior in the experiment and explained …
Persistent link: https://www.econbiz.de/10014418152
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
Persistent link: https://www.econbiz.de/10011762571