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Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10014531967
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field … begin by examining how the methodology has been used to test economic models with populations of theoretical interest. Next … covariates to test theoretical predictions and explore behavioral mechanisms. We proceed to discuss how the methodology can be …
Persistent link: https://www.econbiz.de/10014023427
In this paper, we discuss learning behavior and the heterogeneity of subjects' ability to perform in real-effort tasks …. Afterwards, we present a novel variant of Erkal et al.'s (2011) encryption real-effort task which aims to minimize learning …-randomization mechanism to minimize learning and heterogeneity. Existing experiments with repeated real-effort tasks find a performance …
Persistent link: https://www.econbiz.de/10011807098
This article introduces and discusses from a philosophical point of view the nascent field of neuroeconomics, which is the study of neural mechanisms involved in decision-making and their economic significance. Following a survey of the ways in which decision-making is usually construed in...
Persistent link: https://www.econbiz.de/10012776379
Using an economic bargaining game, we tested for the existence of two phenomena related to social norms, namely norm manipulation – the selection of an interpretation of the norm that best suits an individual – and norm evasion – the deliberate, private violation of a social norm. We found...
Persistent link: https://www.econbiz.de/10014164498
We measured the beliefs and behavior of third parties who were given the opportunity to add to or deduct from the payoffs of individuals who engaged in an economic bargaining game under different social contexts. Third parties rewarded bargaining outcomes that were equal and compensated victims...
Persistent link: https://www.econbiz.de/10014164499
survey concludes by offering some suggestions about what directions experimental economists might push the methodology in the …
Persistent link: https://www.econbiz.de/10014023489
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10010325039
Cooperation is central to human societies. Yet relatively little is known about the cognitive underpinnings of cooperative decision-making. Does cooperation require deliberate self-restraint? Or is spontaneous prosociality reined in by calculating self-interest? Here we present a theory of why...
Persistent link: https://www.econbiz.de/10014160699
In one-shot dictator game variations that manipulate the social context without changing the game with respect to outcome-oriented social preferences, women are highly sensitive to the social context. In line with previous research on gender differences in social behavior, women display more...
Persistent link: https://www.econbiz.de/10013039998