Showing 1 - 10 of 1,066
This paper aims to analize the role of personal identity in decision making. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal...
Persistent link: https://www.econbiz.de/10010263784
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian outcome where price equals marginal cost. In this paper, we show that this result is not robust to the slightest asymmetry in fixed costs. Instead of obtaining the Walrasian...
Persistent link: https://www.econbiz.de/10010270592
We experimentally investigate the effect of social identification and information feedback on individual behavior in …. Identifying subjects through photo display decreases wasteful effort. Providing information feedback about others’ effort does not … improved information feedback decreases the heterogeneity of effort. …
Persistent link: https://www.econbiz.de/10011259314
produced higher overall economic welfare. We test the efficacy of exogenously imposed minimum return rules using experimental …
Persistent link: https://www.econbiz.de/10009295318
We experimentally investigate the effect of social identification and information feedback on individual behavior in … contests. Identifying subjects through photo display decreases efforts. Providing information feedback about others’ effort …. Information feedback reduces the within-group volatility in effort level and facilitates greater adherence to the ‘group norm …
Persistent link: https://www.econbiz.de/10010817374
We experimentally investigate the impact of recognizing contributors on public good contributions. We vary recognizing all, highest or lowest contributors. Consistent with previous studies, recognizing all contributors significantly increases contributions relative to the baseline. Recognizing...
Persistent link: https://www.econbiz.de/10010817411
, viewing identifiable information is costly, which may discourage people from accessing such information. To address this … question, we design a public goods experiment in which participants can pay a fee to view information about identities and … information, and a treatment in which all contributors are freely identified. Our main findings are that: (1) contributions in the …
Persistent link: https://www.econbiz.de/10010817434
We experimentally investigate the impact of recognizing contributors on public good contributions. We vary recognizing all, highest or lowest contributors. Consistent with previous studies, recognizing all contributors significantly increases contributions relative to the baseline. Recognizing...
Persistent link: https://www.econbiz.de/10011112683
We test the empirical effectiveness of threats in equilibrating bargaining power in simple bilateral bargaining games …) and the bid-and-propose game (Navarro and Perea, 2005) that build on the ultimatum game and balance parties' bargaining … belong to the subgame-perfect Nash equilibrium. In particular, it seems that subjects feel the need to show their bargaining …
Persistent link: https://www.econbiz.de/10005081426
play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …
Persistent link: https://www.econbiz.de/10011422135