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classic simple bargaining games (ultimatum, dictator, and trust games). Specifically, we experimentally manipulate sleep …Simple bargaining games are the foundation of more complex social interactions necessary for healthy relationships and … on how commonly‐experienced adverse sleep states, which are known to harm deliberative thinking, impact outcomes in the …
Persistent link: https://www.econbiz.de/10011450381
results in the Ultimatum Game, where responders reject positive offers. While imparting fixed preference orders to fully …, stationary, and inefficient, in which different preferences are represented, and where, as commonly observed in an Ultimatum Game …
Persistent link: https://www.econbiz.de/10005596296
Since the seminal paper of Hoffman et al. (1994), an entitlement effect is believed to exist in the Ultimatum Game, in … it concerns the topics of bargaining and negotiations, but also because it relates to the question about under which … in the Ultimatum Game in any of our three experiments. Potential reasons for why the replication attempts fail are …
Persistent link: https://www.econbiz.de/10011898931
opportunistically. We find that most principals in our experiment do not restrict the agent?s choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …
Persistent link: https://www.econbiz.de/10010261958
This paper shows that a principal's distrust in the voluntary performanceof an agent has a negative impact on the agent's motivation to perform well.
Persistent link: https://www.econbiz.de/10005846372
grossed-up investments proposed by their agents in a modified trust game. We also analyze the changes in the surplus … associated with the introduction of empowerment and the resulting increase in trust by principals. Using probit analysis, we find … that the trust displayed by the principal and the trustworthiness of the agent are statistically significant variables in …
Persistent link: https://www.econbiz.de/10010940822
In this paper, we report results derived from a laboratory experiment based on a modifed trust game. We introduced a … coin flip between decisions of trustors and trustees in the trust game. The realized outcome of the coin flip determines … the productivity of trust. By varying trustors' ability to observe the outcome of the coin flip, we allow the trustees to …
Persistent link: https://www.econbiz.de/10011278628
incomplete information) and empowerment on trust and trustworthiness. We implement a simple version of the standard two …'s best interest, the level of trust and investment increases over that which is realized in the absence of empowerment … greater negative effect on trust than the positive effect associated with the introduction of empowerment. …
Persistent link: https://www.econbiz.de/10010869662
control to a human source of risk while lottery risk has a mechanistic source. We propose a risky trust game that … the classic trust game are indeed best explained by social risk preferences and not by lottery risk preferences with an … objectively known probabilities of trustworthiness, trust also has an ambiguous component. We therefore decompose uncertainty in …
Persistent link: https://www.econbiz.de/10011113599
opportunistically. We find that most principals in our experiment do not restrict the agent's choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …
Persistent link: https://www.econbiz.de/10005627814