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Large effects of small cues: Priming selfish economic decisions

Snir, Avichai; Levy, Dudi; Wang, Dian; Chen, Haipeng; … - 2024

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/10014577216

Adaptive Learning versus Punishment in Ultimatum Bargaining

Abbink, Klaus; Bolton, Gary; Sadrieh, Abdolkarim; Tang, … - University of Bonn, Germany - 1996

Adaptive learning and punishment are highly prominent competing explanations for ultimatum game behavior. We report on an experiment that considers each theory in stand-alone form, so that one does not rely on the other in any substantial way. Our data exhibits patterns for which punishment can...

Persistent link: https://www.econbiz.de/10004968239

Wages, Length of Relationship and Bargaining Power: An experimental study in a world of complete contracts

Dittrich, Dennis A.V. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

To explain potential sources of wage rigidity this article analyzes a model of reciprocal kindness applied to a repeated ultimatum game with changing and nonzero conflict payoffs. The model is also tested in a laboratory experiment. The results are compatible with the rentsharing approach to...

Persistent link: https://www.econbiz.de/10005765137

Reciprocity in a Two-Part Dictator Game

Ben-Ner, Avner; Kong, Famin; Putterman, Louis; Magan, Dan - Center for Human Resources and Labor Studies, Carlson …

and degree of reciprocity. …

Persistent link: https://www.econbiz.de/10005176381

Measuring Indirect Reciprocity: Whose Back Do We Scratch?

Stanca, Luca - Dipartimento di Economia, Metodi Quantitativi e … - 2007

This paper presents an experimental investigation of strong indirect reciprocity. We examine both generalized indirect … reciprocity (if A helps B then B helps C) and social indirect reciprocity (if A helps B then C helps A), in a setting where … reciprocal behavior cannot be explained by strategic motivations. We also consider a treatment for direct reciprocity, as a …

Persistent link: https://www.econbiz.de/10005685710

The importance of foregone options

Espinola-Arredondo, Ana; Munoz-Garcia, Felix - School of Economic Sciences, Washington State University - 2009

Recent experimental evidence supports the influence of a player's unchosen alternatives in other agent's actions. This paper examines a tractable theoretical model of reference-dependent preferences in which individuals compare other players'chosen action with respect to their un- chosen...

Persistent link: https://www.econbiz.de/10005727813

Beyond procedural equity and reciprocity

Chlaß, Nadine; Güth, Werner; Miettinen, Topi - 2009

Most research in economics models agents somehow motivated by outcomes. Here, we model agents motivated by procedures instead, where procedures are defined independently of an outcome. To that end, we design procedures which yield the same expected outcomes or carry the same information on...

Persistent link: https://www.econbiz.de/10003887119

Do the Reciprocal Trust Less?

Dohmen, Thomas; Altmann, Steffen; Wibral, Matthias - Institute for the Study of Labor (IZA) - 2007

We study the intrapersonal relationship between trust and reciprocity in a laboratory experiment. Reciprocal subjects …

Persistent link: https://www.econbiz.de/10005822399

Principal-Agent Settings with Random Shocks

Rubin, Jared; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2015

Using a gift exchange experiment, we show that the ability of reciprocity to overcome incentive problems inherent in …

Persistent link: https://www.econbiz.de/10011157030

Equal distribution or equal payoffs? Reciprocity and inequality aversion in the investment game

Rodriguez-lara, Ismael - Volkswirtschaftliche Fakultät, … - 2015

definition of reciprocity and that inequality-aversion receives little support from our data. …

Persistent link: https://www.econbiz.de/10011212781