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We experimentally investigate imitation in investment choices and focus on cognitive aspects of decision making. At this aim, we manipulate three main dimensions of choice: time pressure, normative content of social information, and uncertainty of the investment. We document the existence of...
Persistent link: https://www.econbiz.de/10010696544
Recent years registered a renewed interest in social interactions. However, due to some well-known identification problems, empirical estimation of peer effects remains quite problematic. To overcome problems of this kind, a database providing detailed information on the sequential structure of...
Persistent link: https://www.econbiz.de/10005177013
Several contributions, either in economics and Social Psychology literature, have evidenced the negative impact of controlling practices on intrinsic motivation. The aim of the present paper is to experimentally test some implications of a controlling strategy in a simple game, called Big...
Persistent link: https://www.econbiz.de/10005177030
The paper experimentally investigates the interactions between restrictions to personal autonomy and reciprocity in a Principal-Agent relationship. Previous experimental contributions have shown that actions aimed at restricting decisional autonomy are likely to reduce reciprocity in trust-...
Persistent link: https://www.econbiz.de/10005177039
In a modified dictator game experiment, we study how distributional justice, measured by the proportionality between effort exerted and rewards obtained, and guilt feelings triggered by others’ expectations affect dictator’s choices. We consider these two sources of behavior in isolation and...
Persistent link: https://www.econbiz.de/10010779445
Economics has not widely investigated the role of group identity in defining social norms. The present experiment considers the interplay between choices having social dimension and a notion of group affiliation based on shared intrinsic characteristics. More specifically, a triadic game setting...
Persistent link: https://www.econbiz.de/10005628782
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