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modelled as a simultaneous, symmetric prisoner’s dilemma. This experiment manipulates the payoff in case both players defect …
Persistent link: https://www.econbiz.de/10014166486
unknown probabilities, i.e., they are ambiguity averse. In an experiment, we examine subjects’ choices when there is an …
Persistent link: https://www.econbiz.de/10009569669
This article presents the results of an experiment designed to test theoretical predictions about the impact of public … compensation programs. For example, results from our experiment confirm the prediction that the WTP for insurance is smaller under … the purchase of an insurance policy. Thirdly, we find that ambiguity, i.e., uncertainty about probability, significantly …
Persistent link: https://www.econbiz.de/10013127788
this hypothesis we conduct a scenario experiment in which experimental employers make a hiring decision concerning a …
Persistent link: https://www.econbiz.de/10013011165
long horizons. We present an experiment comparing decision making under certainty, risk, and ambiguity, over a shorter …
Persistent link: https://www.econbiz.de/10013033292
-making under uncertainty and can speak to a few current policy debates …
Persistent link: https://www.econbiz.de/10013034116
This paper examines the distributional impact of increases to out-of-work transfers, increases to work-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by standard snapshot analyses, increases to...
Persistent link: https://www.econbiz.de/10011718891
and indirect reciprocity as well as third-party punishment – emerges earliest as an effective means to increase … cooperation in a repeated prisoner’s dilemma game. We find that third-party punishment exhibits a strikingly positive effect on … cooperation rates by doubling them in comparison to a control condition. It promotes cooperative behavior even before punishment …
Persistent link: https://www.econbiz.de/10012547006
and indirect reciprocity as well as third-party punishment – emerges earliest as an effective means to increase … cooperation in a repeated prisoner’s dilemma game. We find that third-party punishment exhibits a strikingly positive effect on … cooperation rates by doubling them in comparison to a control condition. It promotes cooperative behavior even before punishment …
Persistent link: https://www.econbiz.de/10012548855
and indirect reciprocity as well as third-party punishment – emerges earliest as an effective means to increase … cooperation in a repeated prisoner's dilemma game. We find that third-party punishment exhibits a strikingly positive effect on … cooperation rates by doubling them in comparison to a control condition. It promotes cooperative behavior even before punishment …
Persistent link: https://www.econbiz.de/10012550258