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In terms of role assignment and informational characteristics, different contexts have been used when measuring distributional preferences. This could be problematic as contextual variance may inadvertently muddle the measurement process. We use a within-subjects design and systemically vary...
Persistent link: https://www.econbiz.de/10012227723
Anticipated verbal feedback in a dictator game has been shown to induce altruistic behavior. However, in the ultimatum game which, apart from generosity, entails a strategic component since a proposer may (rightly) fear that the responder will reject a low offer, it remains an open question...
Persistent link: https://www.econbiz.de/10011852695
We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed...
Persistent link: https://www.econbiz.de/10010369399
experiment (N = 784) that varies the degree to which the decision to compete, and its outcome, is publicly observable. We find …
Persistent link: https://www.econbiz.de/10012505193
This paper experimentally studies two simple interventions that an authority figure might employ to promote cooperation in a public goods game when accurate feedback about contributions is not available. The first intervention aims to nudge participants to higher contribution levels by labeling...
Persistent link: https://www.econbiz.de/10012212856
In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …
Persistent link: https://www.econbiz.de/10011852721
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
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time … a lab-in-the-field setting in the Philippines, we measure trust in two different financial institutions. Additionally … institution increases trust and changes individual financial behavior. We find that eligible individuals significantly increase …
Persistent link: https://www.econbiz.de/10014536943
Climate change and other sustainability problems represent unprecedented challenges to humanity today. Because of such challenges there is a need for fundamental social changes of current unsustainable society. There is essential advanced interdisciplinary scientific contribution for informing...
Persistent link: https://www.econbiz.de/10014485810
Decline and break-up of institutionalized cooperation, at all levels, has occurred frequently. Some of its concomitants, such as international migration, have become topical in the globalized world. Aspects of the phenomenon have also become known as failing states. However, the focus in most...
Persistent link: https://www.econbiz.de/10014497537