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We conduct experiments in which subjects participate in both a game that measures preferences for income equality and a public goods game involving costly punishment. The results indicate that individuals who care about equality are those who are most willing to punish free-riders in public...
Persistent link: https://www.econbiz.de/10005257886
Persistent link: https://www.econbiz.de/10008884962
Why do individuals engage in personally costly, partisan activities that benefit others? If individuals act according to rational self-interest, then partisan activity occurs only when the benefits of that activity exceed its costs. However, laboratory experiments suggest that many people are...
Persistent link: https://www.econbiz.de/10014223943
We conduct experiments in which subjects participate in both a game that measures preferences for income equality and a public goods game involving costly punishment. The results indicate that individuals who care about equality are those who are most willing to punish free-riders in public...
Persistent link: https://www.econbiz.de/10014224820
Participants in laboratory games are often willing to alter others' incomes at a cost to themselves and this behaviour has the effect of promoting cooperation. What motivates this action is unclear: punishment and reward aimed at promoting cooperation cannot be distinguished from attempts to...
Persistent link: https://www.econbiz.de/10014224823
Altruistic punishment is a behaviour in which individuals punish others at a cost to themselves in order to provide a public good. Fehr and Gächter1 present experimental evidence suggesting that negative emotions toward non-cooperators motivate punishment which, in turn, facilitates high levels...
Persistent link: https://www.econbiz.de/10014224831
Members of various species engage in altruism — i.e. accepting personal costs to benefit others. Here we present an incentivized experiment to test for altruistic behavior among AI agents consisting of large language models developed by the private company OpenAI. Using real incentives for AI...
Persistent link: https://www.econbiz.de/10014263865
Recent takeover activity has been characterized by broader participation in acquiror financing on both debt and equity sides. We focus on private equity buyouts, and investigate whether the number of financing participants is related to the likelihood of insider trading prior to the bid...
Persistent link: https://www.econbiz.de/10005498160
In a common ROC study design, several readers are asked to rate diagnostics of the same cases processed under different modalities. We describe a Bayesian hierarchical model that facilitates the analysis of this study design by explicitly modeling the three sources of variation inherent to it....
Persistent link: https://www.econbiz.de/10005750994
Background: Surveys of community-based programs are difficult to conduct when there is virtually no information about the number or locations of the programs of interest. This article describes the methodology used by the Helping Young Smokers Quit (HYSQ) initiative to identify and profile...
Persistent link: https://www.econbiz.de/10009004410