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Sustainability pledges are en vogue. In the business sector, but also in climate negotiations, pledges are used to signal actors' intention to act pro-environmentally. Laboratory experiments testify to the potential effectiveness of these public declarations. Previous work has examined under...
Persistent link: https://www.econbiz.de/10012127519
This paper investigates the impact of game presentation dependent on ethnical affiliation. Two games representing the same logical and strategical problem are introduced. Presented games are continuous prisoner's dilemma games where decision makers can choose an individual level of cooperation...
Persistent link: https://www.econbiz.de/10003782266
Voluntary and compulsory public statements of good conduct are frequently observed in the real world, such as the codes of good conduct for professionals or the requirements of academic journals to affirm that research was carried out ethically. In this study, we investigate what effect public...
Persistent link: https://www.econbiz.de/10011876145
In experimental games, a substantial minority of players often fail to best respond. Using two-person 3x3 one-shot games, we investigated whether 'structuring' the pre-decision deliberation process produces greater consistency between individuals' stated values and beliefs on the one hand and...
Persistent link: https://www.econbiz.de/10012131659
This paper investigates experimentally whether risk attitudes are stable across social contexts. In particular, it focuses on situations where some resource (for instance, a position, decision power, a bonus) has to be allocated between two parties: the decision maker can either opt for sharing...
Persistent link: https://www.econbiz.de/10010941605
Race-based preferential policies have been employed in the United States and other countries such as Malaysia, South Africa, Brazil, and India to foster economic development among economically marginalized ethnic groups. This research applies a two-player signaling model to help understand...
Persistent link: https://www.econbiz.de/10011213019
We investigate why people keep their promises in the absence of external enforcement mechanisms and reputational effects. In a controlled laboratory experiment we show that exogenous variation of second-order expectations (promisors' expectations about promisees' expectations that the promise...
Persistent link: https://www.econbiz.de/10011252589
We use a human-subjects experiment to test the effects of a simple mechanism designed to increase cooperation and efficiency in the trust game. In the equilibrium of the standard trust game, the investor does not invest, foreseeing that the allocator would have kept all of the returns from...
Persistent link: https://www.econbiz.de/10005022180
We present a parametric learning model of players' dynamic and possibly out-of-equilibrium beliefs about other players' preferences that also incorporates random utility (noise). We estimate the model using the data from the four-country ultimatum game experiments of Roth et al. (1991). We find...
Persistent link: https://www.econbiz.de/10005147371
in explaining commonly observed deviations from selfish rationality. Results suggest that our method does induce more …
Persistent link: https://www.econbiz.de/10010540127