Showing 81 - 90 of 80,794
We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...
Persistent link: https://www.econbiz.de/10010294822
Persistent link: https://www.econbiz.de/10008655952
prisoner's dilemma (PD) game. Whereas the existing literature on third-party intervention as a means to sustain social norms … steady downward trend of cooperation rates. -- social norms ; third-party reward ; third-party observation ; prisoner …
Persistent link: https://www.econbiz.de/10009733210
We propose a simple utility framework and design a novel two-part experiment to study the relevance of personal norms … across various economic games and settings. We show that personal norms — together with social norms and monetary payoff … — are highly predictive of individuals’ behavior. Moreover, they are: i) distinct from social norms across a series of …
Persistent link: https://www.econbiz.de/10013231982
Do contracts provide reference points that affect ex post behavior? We address this question in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and economically important impact on...
Persistent link: https://www.econbiz.de/10010342843
While social norms have received great attention within economics, little is known about the role of personal norms. We … propose a simple utility framework - which assumes that people care about monetary payoff, social norms, and personal norms … - and design a novel two-part experiment to investigate the predictive value of personal norms across four economic games …
Persistent link: https://www.econbiz.de/10012321644
suggest that social norms can change rapidly as a result of election outcomes. We explore this conjecture using a controlled …
Persistent link: https://www.econbiz.de/10012438455
Persistent link: https://www.econbiz.de/10011917144
Approximate truth refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we...
Persistent link: https://www.econbiz.de/10010309247
Extensive research in economics explores generosity in monetary allocations, while generosity in non-laboratory contexts often involves the allocation of consumption goods or non-monetary harm. Psychological evidence suggests that generosity may be higher in such contexts. We compare generosity...
Persistent link: https://www.econbiz.de/10010316844