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be played due to not full rationality of the opponents or their specific not self-interested motivation. However …
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Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10014531967
The purpose of this study is to explore the link between imagine-self perspective-taking and rational self-interested behavior in experimental normal-form games. Drawing on the concept of sympathy developed by Adam Smith and further literature on perspective-taking in games, we hypothesize that...
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simultaneously both roles. We observe that acceptance levels of responders approach rationality and proposers accommodate their …
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the preference for fairness is a deliberative cognitive-controlled act or that it is an automatic act. In Experiment 1 … Experiment 2, it took longer to accept than to reject unfair offers. These results suggest that fairness considerations operate …
Persistent link: https://www.econbiz.de/10014181014
Over the last 25 years, more than a hundred dictator game experiments have been published. This meta study summarizes the evidence. Exploiting the fact that most experiments had to fix parameters they did not intend to test, in multiple regression the meta study is able to assess the effect of...
Persistent link: https://www.econbiz.de/10014197089
show that, by the end of the experiment, the majority of subjects understand the Monty Hall anomaly. Average valuation of …
Persistent link: https://www.econbiz.de/10014047141