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This paper proposes a simple framework to model social preferences in a game theoretic framework which explicitly separates economic incentives from social (context) effects. It is argued that such a perspective makes it easier to analyse contextual effects. Moreover, the framework is used to...
Persistent link: https://www.econbiz.de/10010427240
This paper connects insights from the literature on cosmopolitan values in political science, anxiety in social psychology, and identity economics in a vignette-style experiment. We asked German respondents about their attitudes towards a Syrian refugee, randomizing components of his description...
Persistent link: https://www.econbiz.de/10012141266
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The provision of public goods is often hindered by a lack of powerful institutions that can sanction free riders or otherwise enforce private contributions to the public good. The simple deposit based solution introduced by Gerber and Wichardt (J Public Econ 93:429–439, <CitationRef CitationID="CR11">2009</CitationRef>) solves this...</citationref>
Persistent link: https://www.econbiz.de/10010987462
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This article reports data from a questionnaire study indicating that in a consumer choice problem, additional choice options can cause a tangible disutility that people prefer to avoid if the additional options exhibit features that conflict with those of the old ones, for example, lottery...
Persistent link: https://www.econbiz.de/10009277469
A global signaling game is a sender-receiver game in which the sender is only imperfectly informed about the receiver's preferences. The paper considers an economically relevant class of signaling games that possess more than one Perfect Bayesian equilibrium. For this class of games, it is shown...
Persistent link: https://www.econbiz.de/10005627869
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This paper considers the effects of an interim performance evaluation on the decision of a principal to delegate authority to a potentially biased but better informed agent. Assuming the agents’ outside option to be determined by market beliefs about their type, interim evaluations (a) provide...
Persistent link: https://www.econbiz.de/10010293918