Showing 1 - 10 of 67
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/10012227801
Do White and Black Americans differ in their response to fair versus unfair treatment, and do these reactions depend on whether treatment is intentional? We study an ultimatum game in which we non-deceptively vary three dimensions: racial identities of participants, offer inequality, and whether...
Persistent link: https://www.econbiz.de/10014469474
Do White and Black Americans differ in their response to fair versus unfair treatment, and do these reactions depend on whether treatment is intentional? We study an ultimatum game in which we non-deceptively vary three dimensions: racial identities of participants, offer inequality, and whether...
Persistent link: https://www.econbiz.de/10014423753
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
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10010325446
Why do people in rich countries not transfer more of their income to people in the world's poorest countries? To study this question and the relative importance of needs, entitlements, and nationality in people's social preferences, we conducted a real effort fairness experiment where people in...
Persistent link: https://www.econbiz.de/10010326015
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010333957
We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
Persistent link: https://www.econbiz.de/10011688535
Communication has been regarded as one of the most effective devices in promoting team cooperation. But asymmetric communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that excluding one member from team communication...
Persistent link: https://www.econbiz.de/10012029789
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10010270867