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Expectations of reciprocity when competitors share information : experimental evidence
Ganglmair, Bernhard; Holcomb, Alex; Myung, Noah - 2019
's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback …
Persistent link: https://www.econbiz.de/10012055632
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Why did he do that? : using counterfactuals to study the effect of intentions in extensive form games
Engler, Yola; Kerschbamer, Rudolf; Page, Lionel - 2016
We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...
Persistent link: https://www.econbiz.de/10011480554
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The impact of random help on the dynamics of indirect reciprocity
Klempt, Charlotte - 2012
Cooperation via indirect reciprocity uses a partner's reputation to enable subjects to direct help to those who … a third party, the present study explores the implications for cooperation via indirect reciprocity if a helping … dynamics of indirect reciprocity. Secondly, subjects only reciprocate the recipient's good reputation and disregard whether a …
Persistent link: https://www.econbiz.de/10009751944
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Who runs first to the bank?
Kiss, Hubert János; Rodríguez-Lara, Ismael; … - 2018
We study how lines form endogenously in front of banks when depositors differ in their liquidity needs. Our model has two stages. In the first one, depositors choose the level of costly effort they want to exert to arrive early at the bank which determines the order of decisions. In the second...
Persistent link: https://www.econbiz.de/10012012150
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Bribery: greed versus reciprocity
Genîzî, Ûrî; Saccardo, Silvia; Veldhuizen, Roel van - 2016
It is estimated that a trillion dollars are annually exchanged in bribes, distorting justice and economic efficiency. In a novel experiment, we investigate the drivers of bribery. Two participants compete for a prize; a referee picks the winner. Participants can bribe the referee. When the...
Persistent link: https://www.econbiz.de/10011455840
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Net-loss reciprocation and the context dependency of economic choices
König, Clemens - 2013
behaviour that have been documented in a number of experimental studies, whereas existing models of intention-based reciprocity …
Persistent link: https://www.econbiz.de/10010350219
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Generative AI at Work
Brynjolfsson, Erik; Li, Danielle; Raymond, Lindsey R. - National Bureau of Economic Research - 2023
We study the staggered introduction of a generative AI-based conversational assistant using data from 5,179 customer support agents. Access to the tool increases productivity, as measured by issues resolved per hour, by 14 percent on average, with the greatest impact on novice and low-skilled...
Persistent link: https://www.econbiz.de/10014250178
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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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Reciprocity and emotions : arousal, self-reports, and expectations
Ben Shaḥar, Gershon; Bornstein, Gary; Hopfensitz, Astrid - 2004
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly …-reported anger highlights the importance of using both techniques for studying reciprocity. …
Persistent link: https://www.econbiz.de/10011451382
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The stability of conditional cooperation : egoism trumps reciprocity in social dilemmas
Andreozzi, Luciano; Ploner, Matteo; Saral, Ali Seyhun - 2019
-shared conclusion that cooperation observed in experiments (and its collapse)is mostly driven by imperfect reciprocity. In this study … observed. We are thus driven to the conclusion that egoism is more resistant to exposure to social dilemmas than reciprocity. …
Persistent link: https://www.econbiz.de/10012107753