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How trust in social dilemmas evolves with age

Kocher, Martin - 2015

While trust and trustworthiness provide a fundamental foundation for human relationships, little is known about how … the World Values Survey to address a potential connection between trust and age. In this chapter, we will mainly focus on … trusting and trustworthy behavior elicited with the use of the seminal trust game (Berg et al., 1995) and with games …

Persistent link: https://www.econbiz.de/10011298524

Deciding to distrust

Bohnet, Iris; Meier, Stephan - 2005

: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust …. We introduce a new game, the distrust game (DTG), where the default is full trust and find that in it, trust levels are … higher than in the Berg, Dickhaut, and McCabe (1995) trust game (TG), where the default is no trust. At the same time …

Persistent link: https://www.econbiz.de/10010282774

Voluntary Cooperation Based on Equilibrium Retribution –An Experiment Testing Finite-Horizon Folk Theorems

Bruttel, Lisa V.; Güth, Werner; Kamecke, Ulrich; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

Unlike previous attempts to implement cooperation in a prisoners’ dilemma gamewith an infinite horizon in the laboratory, we focus on extended prisoners’ dilemmagames in which a second (pure strategy) equilibrium allows for voluntary cooperationin all but the last round. Our four main...

Persistent link: https://www.econbiz.de/10005866398

Time to Defect: Repeated Prisoners’ DilemmaExperiments with Uncertain Horizon

Bruttel, Lisa; Güth, Werner; Kamecke, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

Using a symmetric 2-person prisoners’ dilemma as the base game, each playerreceives a signal for the number of rounds to be played with the same partner.The actual number of rounds (the length of the supergame) is determined bythe maximal signal where each player expects the other’s signal...

Persistent link: https://www.econbiz.de/10005866526

More than outcomes: A cognitive dissonance-basedexplanation of other-regarding behavior

Matthey, Astrid; Regner, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

Recent research has cast some doubt on the general validity of outcome-basedmodels of social preferences. We develop a model based on cognitive dissonance thatfocuses on the importance of self-image. An experiment (a dictator game variant)tests the model.First, we nd that subjects whose choices...

Persistent link: https://www.econbiz.de/10009248885

Generosity, Greed and Gambling: What difference doesasymmetric information in bargaining make?

Klempt, Charlotte; Pull, Kerstin - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009

We analyze the effects of asymmetric information concerning thesize of a pie on proposer behavior in three different bargaining situations:the ultimatum game, the Yes-No-game and the dictator game.Our data show that (a) irrespective of the information condition, proposergenerosity increases with...

Persistent link: https://www.econbiz.de/10005866401

Ex Interim Voting in Public Good Provision

Fischer, Sven; Nicklisch, Andreas - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

We report the results of an experimental study that compares voting mechanismsin the provision of public goods. Subjects can freely decide how much they want tocontribute. Whether the public good is finally provided is decided by a referendumunder full information about all contributions. If...

Persistent link: https://www.econbiz.de/10005866711

Trading Goods versus Sharing Money- An Experiment Testing Whether Fairness and Efficiencyare Frame Dependent

Berninghaus, Siegfried K.; Güth, Werner; Kirstein, Annette - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

Systematic experiments with distribution games (for a survey, see Roth, 1995, ) haveshown that participants are strongly motivated by fairness and efficiency considerations.This evidence, however, results mainly from experimental designs asking directly for sharingmonetary rewards. But even when...

Persistent link: https://www.econbiz.de/10005866809

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 <Jena> / Abteilung … - 2004

To explain potential sources of wage rigidity this article analyzes a model of reciprocalkindness applied to a repeated ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare compatible with the rentsharingapproach to wage...

Persistent link: https://www.econbiz.de/10005866814

Noisy leadership: An experimental approach

Güth, Werner; Müller, Wieland; Spiegel, Yossi - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

We examine the strategic behavior of leaders and followers in sequential duopoly experimentsin which followers either perfectly observe the leaders’ actions or else observe nothing. Ourexperiments show that consistent with the theory, leaders enjoy a greater first-mover advantagewhen followers...

Persistent link: https://www.econbiz.de/10005867079