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We explore the relationship between individuals' disposition to cooperate and their inclination to engage in peer punishment as well as their relative importance for mitigating social dilemmas. Using a novel strategy-method approach we identify individual punishment patterns and link them with...
Persistent link: https://www.econbiz.de/10011587542
Persistent link: https://www.econbiz.de/10012035839
In experimental economics there exists a lively debate about the independence of observations. Although opinions on the issue differ widely, all concerns regard the independence of subjects' behavior within one session or experiment. This paper attempts to shed some light on the independence of...
Persistent link: https://www.econbiz.de/10008512521
Empirically, the commons are not as tragic as standard theory predicts. The predominant explanation for this finding is conditional cooperation. Yet many real life situations involve insiders, who are directly affected by a dilemma, and outsiders, who may be harmed if the insiders overcome the...
Persistent link: https://www.econbiz.de/10011116888
In experimental economics there exists a lively debate about the independence of observations. Although opinions on the issue differ widely, all concerns regard the independence of subjects' behavior within one session or experiment. This paper attempts to shed some light on the independence of...
Persistent link: https://www.econbiz.de/10010267107
We elicit individual-level peer-punishment types in a cooperation (social dilemma) and a coordination (weakest link) problem. In line with previous literature, we find heterogeneity in peer-punishment in both environments. Comparing punishment behavior across the two environments within subject,...
Persistent link: https://www.econbiz.de/10012227709
We elicit individual-level peer-punishment types in a cooperation (social dilemma) and a coordination (weakest link) problem. In line with previous literature, we find heterogeneity in peer-punishment in both environments. Comparing punishment behavior across the two environments within subject,...
Persistent link: https://www.econbiz.de/10011891062
El artículo presenta una revisión de los experimentos realizados sobre bienes públicos apoyados en el mecanismo de contribución voluntaria. La evidencia empírica existente muestra que los individuos no son solo los seres egoístas y competitivos que supone la teoría económica ortodoxa,...
Persistent link: https://www.econbiz.de/10011152900
The ultimatum game has improved our understanding about the bargaining power associated with a threat, an issue where information and communication are central. This paper presents a selective review of the literature on economic experiments in the ultimatum game, organizing the major...
Persistent link: https://www.econbiz.de/10011220500
The paper presents evidence that validate the focusing illusion. Specifically, the forecasted impact of a basketball championship on students’ subjective well-being was exaggerated because of their intense focus on the event. However, the self-reported states of being for life domains not...
Persistent link: https://www.econbiz.de/10011258044