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of contributions in a public goods game, varying group composition and the weight individuals place on their beliefs … preferences ; agent-based simulation ; group composition ; beliefs …
Persistent link: https://www.econbiz.de/10009546813
Behavioural economics highlights the role of social preferences in economic decisions. Further, populations are heterogeneous; suggesting that group composition may impact the ability to sustain voluntary public goods contributions. This parallels researc
Persistent link: https://www.econbiz.de/10010854520
composition and the weight individuals place on their beliefs versus their underlying social preference type. We then examine the …
Persistent link: https://www.econbiz.de/10011220329
emotions to belief-dependant models in economics. We find that - in addition to the positive effect of second-order beliefs and …
Persistent link: https://www.econbiz.de/10010281628
beliefs and actions into the utility function. We test the robustness of two types of intentions-based models (guilt aversion … and reciprocity). In addition to incentivised elicitation of first- and second-order action beliefs, we assess … intentions-based models. Both second-order beliefs and the weighting factor that depends on a participant's sensitivity to guilt …
Persistent link: https://www.econbiz.de/10010281670
composition and the weight individuals place on their beliefs versus their underlying social preference type. We then examine the …
Persistent link: https://www.econbiz.de/10013048689
We study a classic mechanism design problem: How to organize trade between two privately informed parties. We characterize an optimal mechanism under selfish preferences and present experimental evidence that, under such a mechanism, a non-negligible fraction of individuals deviates from the...
Persistent link: https://www.econbiz.de/10010260043
We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...
Persistent link: https://www.econbiz.de/10010496966
We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and expressive motives. Our model implies that if pocketbook benefits are relevant, voters either perceive their impact on the outcome to be non-negligible, or expressive motivations...
Persistent link: https://www.econbiz.de/10011645032
We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and expressive motives. Our model implies that if pocketbook benefits are relevant, voters either perceive their impact on the outcome to be non-negligible, or expressive motivations...
Persistent link: https://www.econbiz.de/10011657009