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Co-evolution of preferences and information in simple games of trust
Güth, Werner; Kliemt, Hartmut; Peleg, Bezalel - 1998
In standard rational choice modelling decisions are made according to given information and preferences. In the model presented here the 'information technology' of individual decision makers as well as their preferences evolve in a dynamic process. In this process decisions are made rationally...
Persistent link: https://www.econbiz.de/10009578580
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What can the big five personality factors contributr to explain small-scale economic behavior?
Müller, Julia; Schwieren, Christiane - 2012
Persistent link: https://www.econbiz.de/10009722686
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How social preferences shape incentives in (experimental) markets for credence goods
Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - 2015 - This Version: February 2015
Credence goods markets suffer from inefficiencies caused by superior information of sellers about the surplus-maximizing quality. While standard theory predicts that equal mark-up prices solve the credence goods problem if customers can verify the quality received, experimental evidence...
Persistent link: https://www.econbiz.de/10010479932
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The trust game behind the veil of ignorance : a note on gender differences
Výrašteková, Jana; Onderstal, Sander - 2010
We analyze gender differences in the trust game in a behind the veil of ignorance design. This method yields strategies that are consistent with actions observed in the classical trust game experiments. We observe that, on average, men and women do not differ in trust, and that women are...
Persistent link: https://www.econbiz.de/10011380925
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Intention-based reciprocity and the hidden costs of control
Siemens, Ferdinand von - 2011
Persistent link: https://www.econbiz.de/10010191088
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Intention-based reciprocity and the hidden costs of control
Siemens, Ferdinand von - 2011
Empirical research suggests that - rather than improving incentives - exerting control can reduce workers' performance …
Persistent link: https://www.econbiz.de/10009272298
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Reciprocity under moral wiggle room : is it a preference or a constraint?
Regner, Tobias - 2016
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011576929
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Investigating the failure to best respond in experimental games
Alempaki, Despoina; Colman, Andrew M.; Kölle, Felix; … - 2019
In experimental games, a substantial minority of players often fail to best respond. Using two-person 3x3 one-shot games, we investigated whether 'structuring' the pre-decision deliberation process produces greater consistency between individuals' stated values and beliefs on the one hand and...
Persistent link: https://www.econbiz.de/10012131659
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Public statements of good conduct promote pro-social behavior
Koessler, Ann-Kathrin; Page, Lionel; Dulleck, Uwe - 2018
goods experiment. Using a 'between-within subjects design' we identify three channels by which non-enforceable statements of …-oriented participants are more likely in the experiment to make a public statement. Second, in a commitment effect, participants who make a … statements of good conduct are in our experiment more effective over time. …
Persistent link: https://www.econbiz.de/10011876145
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Mechanisms for efficient voting with private information about preferences
Engelmann, Dirk; Grimm, Veronika - 2008
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591