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We study two generic versions of public goods problems: in Provision problems, the public good does not exist initially and needs to be provided; in Maintenance problems, the public good already exists and needs to be maintained. In five lab and online experiments (n=2,584), we document a robust...
Persistent link: https://www.econbiz.de/10013209845
We investigate the influence of self and social image concerns as potential sources of lying costs. In a standard die-rolling experiment, we exogenously manipulate self-awareness and observability, which mediate the focus of a person on their private and public selves, respectively. First, we...
Persistent link: https://www.econbiz.de/10013243259
Social interactions predominantly take place under the shadow of the future. Previous literature on infinitely repeated games has highlighted the primary role of self-interested strategic considerations in explaining outcomes. Using indefinitely repeated prisoner's dilemma games, this paper...
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We investigate the influence of self and social image concerns as potential sources of lying costs. In a standard die-rolling experiment, we exogenously manipulate self-awareness and observability, which mediate the focus of a person on their private and public selves, respectively. First, we...
Persistent link: https://www.econbiz.de/10012256075
We show that the disposition to focus on favorable or unfavorable outcomes of risky situations affects willingness to take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is strongly associated with optimism, a stable facet of...
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