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experiments. This has been taken as evidence for internal motivations such as guilt aversion or preference for promise keeping …
Persistent link: https://www.econbiz.de/10009371391
This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], "Protection for sale", American Economic Review, 84, 4, 833-850] to include sanctions from...
Persistent link: https://www.econbiz.de/10005765809
We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture the impact of communication? We consider...
Persistent link: https://www.econbiz.de/10005645507
This article exposes the dynamics of electoral promises, building on an electoral competition model with endogenous policies. This framework allows to deal with the intertemporal dimension needed to understand the prevalent cycle of promises, disappointment, new promises, new disappointment
Persistent link: https://www.econbiz.de/10005596872
others. Thus viewed, lies are the cardinal virtues for survival and, by implication, the carriers of evolution. In the human … to take up a definite moral attitude. Certain types of lies might be morally acceptable and socially beneficial since … they may block the otherwise (most damaging) global optimum solution of a negative sum game, while other types of lies are …
Persistent link: https://www.econbiz.de/10008498459
Charness and Dufwenberg (2006) find that promises increase cooperation and suggest that the behavior of subjects in their experiment is driven by guilt aversion. By modifying the procedures to include a double blind social distance protocol we test an alternative explanation that promise keeping...
Persistent link: https://www.econbiz.de/10008914311
and p = 0.5 along with the UG, played by some standard economic agents and others who are averse to inequity, lies and …, rather than punishing lies, compared to when no message is sent. …
Persistent link: https://www.econbiz.de/10010717398
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