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We report two information cascade game experiments that directly test the impact of altruism on observational learning. Participants interact in two parallel sequences, the observed and the unobserved sequence. Only the actions of the observed entail informational benefits to subsequent...
Persistent link: https://www.econbiz.de/10011436128
The intention to “invest” in the Trust Game in extensive form revealed by a move could conceal different motivations … embedded in the trust game: 1) an “investment” motive - conditional cooperation is a way to express the expectation of … measures of trust and trustworthiness. In this paper, we will then be using the “words” of answers to a questionnaire in order …
Persistent link: https://www.econbiz.de/10005766550
We consider a model where each individual (or ethnic minority) is embedded in a network of relationships and decides whether or not she wants to be assimilated to the majority norm. Each individual wants her behavior to agree with her personal ideal action or norm but also wants her behavior to...
Persistent link: https://www.econbiz.de/10011873440
In this paper we analyse the effect that naïve agents (those who take behavior at 'face value') have on the nature of social norms. After reviewing the use of signalling models to model conformity, we argue in favour of modelling naïve inferences in tandem with standard Bayes rational...
Persistent link: https://www.econbiz.de/10010277821
Accounting for within-country spatial differences is a much neglected issue in many cross-country comparisons. This paper highlights this importance in this empirical analysis of the impact of a country’s degree of social and economic globalization on female employment in 33 OECD countries,...
Persistent link: https://www.econbiz.de/10011258965
In a signalling model of conformity, we demonstrate that naïve observers, those that take actions at face value, constrain the set of actions that can possibly be social norms. With rational observers many actions can be norms, but with naïve observers only actions close to that preferred by...
Persistent link: https://www.econbiz.de/10008838964
Social norms and conventions have formally been defined as pertaining to static sets of situations. In this paper, we introduce a slight variation of Cristina Bicchieri's definition, where the set of situations is dynamically determined by previous actions. To suggest how the definition may be...
Persistent link: https://www.econbiz.de/10011170251
In this paper we analyse the effect that naive agents (those who take behaviour at "face value") have on the nature of social norms. After reviewing the use of signalling models to model conformity, we argue in favour of modelling naive inferences in tandem with standard Bayes rational...
Persistent link: https://www.econbiz.de/10005635135
Inaccurate beliefs about social norms can reduce useful social interactions and adversely affect an individual's ability to deal with negative shocks. We implement a randomized controlled trial with low-income workers in urban India who lack access to formal financial and healthcare support. We...
Persistent link: https://www.econbiz.de/10015075984
Two parties bargaining over a pie, the size of which is determined by their previous investment decisions. Investment costs are heterogeneous. The bargaining rule is sensitive to investment behavior. Two games are studied which differ for the considered sociopolitical structure: communal...
Persistent link: https://www.econbiz.de/10011730990