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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
). In our experiment, only the trustee knows the size of the surplus. Subjects' expectations about each other's behavior are …
Persistent link: https://www.econbiz.de/10005845178
). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are …
Persistent link: https://www.econbiz.de/10005765175
, in addition to outcomes that have two-player analogues, such as social efficiency and the inequality between self and … others. We expect that existing models of social motives can be improved if players are allowed to consider the inequality … between others. Results from two laboratory experiments confirm this: motives for the inequality between others were found …
Persistent link: https://www.econbiz.de/10011453311
A common feature of the literature on the evolution of preferencesis that evolution favors nonmaterialistic preferences only if preferencetypes are observable at least to some degree. We argue that this resultis due to the assumption that in each state of the evolutionary dynam-ics some Bayesian...
Persistent link: https://www.econbiz.de/10009248881
To explain why pre-play communication increases cooperation in games,one refers to a) strategic causes such as … efficient communication or reputationeffects, and b) changes in the utilities due to social processes. Hithertoexperimental … focus onthe effects of communication processes. We clearly find social effects, butnone of revealed anonymity or salient …
Persistent link: https://www.econbiz.de/10005866851
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without … sanctioning possibilities inefficient excess appropriation is the rule. However, when communication or informal sanctions are …
Persistent link: https://www.econbiz.de/10011398786
bargaining norms in the case of ultimatum games. Tosubstantiate our claim, we conduct a methodological experiment in which …
Persistent link: https://www.econbiz.de/10005866393
We report on an experiment designed to explore the interrelation of otherregardingconcerns with attitudes towards risk …
Persistent link: https://www.econbiz.de/10005866823
Persistent link: https://www.econbiz.de/10011287257