Showing 1 - 10 of 133
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. The authors use...
Persistent link: https://www.econbiz.de/10011664904
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient...
Persistent link: https://www.econbiz.de/10011349370
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient...
Persistent link: https://www.econbiz.de/10011419377
This paper incorporates a preference for distributive fairness (inequity aversion) into the analysis on optimal redistributive taxation under uncertainty. We can show that introducing or strengthening the taste for distributive fairness does not affect the socially optimal tax rate (social...
Persistent link: https://www.econbiz.de/10011111350
The paper, which acts as an introduction to the Special Issue devoted to ‘‘The whole breadth of reason’’, addresses the topic of economic rationality and discusses its strengths and weaknesses within an interdisciplinary perspective highlighting the relational dimension of agents and...
Persistent link: https://www.econbiz.de/10010786776
The persistence of the global economic crisis and the rapid geo-political transformations that are under way, in particular those involving the Middle East and North Africa, seem to confirm the intentions of the organisers of this Summer School: a rethinking of our conception of human reason, in...
Persistent link: https://www.econbiz.de/10010786935
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. The authors use...
Persistent link: https://www.econbiz.de/10011665581
This paper contributes to the crime literature by exploring how the crime-uncertainty interaction impacts on economic … growth. Using a panel of 25 countries over the period 1991-2007, we find evidence suggesting that increased crime has an … crime on growth implying that a 10% increase in the crime rate can reduce annual per-capita GDP-growth by between 0.49 and 0 …
Persistent link: https://www.econbiz.de/10010555883
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10010281843
The decision how to share resources with others often needs to be taken under uncertainty on its allocational consequences. Although risk preferences are likely important, existing research is silent about how social and risk preferences interact in such situations. In this paper we provide...
Persistent link: https://www.econbiz.de/10011584886