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In sequential interactions, both the agent's intention and the outcome of his choice may influence the principal's action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating action. We...
Persistent link: https://www.econbiz.de/10014467744
In sequential interactions, both the first mover's intention and the outcome of his choice may influence the second mover's action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the second mover when deciding on a...
Persistent link: https://www.econbiz.de/10012623149
Intentions play a fundamental role in many situations characterized by nonsimultaneous interaction from principal-agent settings in firms to the international task of protecting the environment and the climate. We experimentally investigate how decision makers (DMs) respond to perceived...
Persistent link: https://www.econbiz.de/10012312915
In sequential interactions, both the agent’s intention and the outcome of his choice may influence the principal’s action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating...
Persistent link: https://www.econbiz.de/10013270323
Intentions play a fundamental role in many situations characterized by nonsimultaneous interaction from principal-agent settings in firms to the international task of protecting the environment and the climate. We experimentally investigate how decision makers (DMs) respond to perceived...
Persistent link: https://www.econbiz.de/10012609040
In sequential interactions, both the first mover's intention and the outcome of his choice may influence the second mover's action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the second mover when deciding on a...
Persistent link: https://www.econbiz.de/10013338073
In sequential interactions, both the agent’s intention and the outcome of his choice may influence the principal’s action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating...
Persistent link: https://www.econbiz.de/10014476124
In the lab, in both one-shot interactions and first rounds of repeated games, subjects turn out to cooperate significantly more than the well-known, classical Homo Oeconomicus model predicts. Behavioural economics has persuasively shown that this ‘irrational’ rate of cooperation is...
Persistent link: https://www.econbiz.de/10010786761
In the lab, in both one-shot interactions and first rounds of repeated games, subjects turn out to cooperate significantly more than the well-known, classical Homo Oeconomicus model predicts. Behavioural economics has persuasively shown that this ‘irrational’ rate of cooperation is...
Persistent link: https://www.econbiz.de/10010575096
We study the developmental roots of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine pre-registered hypotheses about which of three fundamental pillars of human cooperation - direct reciprocity, indirect reciprocity, and third-party punishment -...
Persistent link: https://www.econbiz.de/10015046529