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The processes by which culture influences economic variables need to be exposed in order for the concept to be a useful tool for prediction and policy formulation. We investigate the attitudes and experimental behaviour of Malaysian and UK subjects to shed light on the nature of culture and the...
Persistent link: https://www.econbiz.de/10010552273
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010884149
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10010983862
This paper reports two experiments involving an ultimatum game, conducted in Japan. There were two treatments in our experiments. One was called a cash session and the other was called a point session. The cash session means introducing cash into the ultimatum game. In other words, in a cash...
Persistent link: https://www.econbiz.de/10010822763
In this experimental study we examine the behavior of Bundeswehr officers and officer candidates regarding their willingness to cooperate. Due to the military training which focuses on comradeship and reliable teamwork even under extreme conditions, we expect a strong bond between soldiers and...
Persistent link: https://www.econbiz.de/10011582313
Die vorliegende Arbeit untersucht das Fairnessverhalten von Studierenden unter-schiedlicher Studienrichtung. Hierzu wurden 289 Studierende der Ernst-Abbe-Hochschule Jena vor zwei verschiedene Entscheidungssituationen gestellt. In diesem Befragungsexperiment mussten die Studierenden wählen, wie...
Persistent link: https://www.econbiz.de/10011327915
We experimentally investigate how affective processes influence proposers' and responders' behaviour in the Ultimatum Game. Using a dualsystem approach, we tax cognitive resources through time pressure and cognitive load to enhance the influence of affective processes on behaviour. We find that...
Persistent link: https://www.econbiz.de/10010263889
The paper aims at defining the role of intentions for reciprocity. The ultimatum game is modified, by adding a kind of randomizer (Chinese Whisper), to generate outcomes which are not intended und thus to separate the proposers' initial intentions from their actual offers. The mechanism ensures...
Persistent link: https://www.econbiz.de/10010266842
In dieser experimentellen Studie untersuchen wir das kooperative Verhalten von Offizieren (bzw. Offiziersanwärtern) der Bundeswehr. Dabei betrachten wir ihre Interaktionen sowohl untereinander als auch gegenüber zivilen Probanden. Unsere Kernhypothesen sind, dass sich die angehenden Offiziere...
Persistent link: https://www.econbiz.de/10011413150
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010329126