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We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10013052703
In a two-part review, we focus on the behavioral experimental literature on corruption from the past decade with a particular focus on papers that offer behavioral insights into corrupt decision-making. In this first chapter, we restrict attention to the prominent theoretical models that have...
Persistent link: https://www.econbiz.de/10014260604
Corruption remains a world-wide concern, and is endemic to developing countries. This review focuses on the experimental literature from the past decade with a particular attention to papers that offer behavioral insights into corrupt decision-making. We start by discussing important...
Persistent link: https://www.econbiz.de/10013299988
Entrusting the power to punish to a central authority is a hallmark of civilization. We study a collective action dilemma in which self‐interest should produce a sub‐optimal outcome absent sanctions for non‐cooperation. We then test experimentally whether subjects make the theoretically...
Persistent link: https://www.econbiz.de/10013130732
The sanctioning of norm-violating behavior by an effective formal authority is an efficient solution for social dilemmas. It is in the self-interest of voters and is often favorably contrasted with letting citizens take punishment into their own hands. Allowing informal sanctions, by contrast,...
Persistent link: https://www.econbiz.de/10013130734
company takeover experiment, groups placed better bids than individuals and substantially reduced the winner's curse. This …
Persistent link: https://www.econbiz.de/10013115724
the agents' mission, stressing the importance of the economics of identity in labor market settings. …
Persistent link: https://www.econbiz.de/10011401176
to the model is the role of a person's social identity in encouraging compliance to a norm. The strength of this identity …
Persistent link: https://www.econbiz.de/10011451535
We study the interplay between leading-by-example and group identity in a public goods game experiment. A common … identity between the leader and her followers is beneficial for cooperation: average contributions are more than 30% higher … than in a treatment where no identity was induced. In two further treatments we study the effects of heterogeneous …
Persistent link: https://www.econbiz.de/10010392438
The notions of one’s social identity, group membership, and homophily have recentlybecome topics for economic theory … identity or identities are the mostsalient in different environments? Further, how do these factors trade off against oneâ …-building exercise and whether some people receive anendowment twice as much as others receive. We do see evidence that team identity …
Persistent link: https://www.econbiz.de/10011131685