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For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … failed to explain their choices between corrupt and non-corrupt behavior. Instead, beliefs appeared to be a better predictor …
Persistent link: https://www.econbiz.de/10010291803
treatment. After the real effort task subjects were asked to state their retrospective beliefs about their performance in public …
Persistent link: https://www.econbiz.de/10010291831
. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … strategy significantly more often, and their choices are more often consistent by being a best reply to first order beliefs. We …
Persistent link: https://www.econbiz.de/10010294792
making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best … reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we …
Persistent link: https://www.econbiz.de/10010294813
For our experiment on corruption we designed a coordination game to model the influence of risk attitudes, beliefs, and … explain their choices between corrupt and non-corrupt behavior. Instead, beliefs appeared to be a better predictor of whether …
Persistent link: https://www.econbiz.de/10010301733
update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …
Persistent link: https://www.econbiz.de/10010333263
Consider a situation where person A undertakes acostly action that benefits person B. This behavior seems altruistic. However, if A expects a reward in return from B, then A's action may be motivated by expected rewards rather than by pure altruism. The question we address in this experimental...
Persistent link: https://www.econbiz.de/10010334022
We present an experimental study on how people take risk on behalf of others. We use three different elicitation methods, and study how each subject makes decisions both on behalf of own money and on behalf of another individual’s money. We find a weak tendency of lower risk-taking with...
Persistent link: https://www.econbiz.de/10011615933
In this paper, we design an investment game which allows us to study the influence of selection when learning from others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of selection neglect in this investment context, and (ii) some...
Persistent link: https://www.econbiz.de/10011984926
. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … strategy significantly more often, and their choices are more often consistent by being a best reply to first order beliefs. We …
Persistent link: https://www.econbiz.de/10010269696