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Many previous experiments document that behavior in multi-person settings responds to the name of the game and the labeling of strategies. Usually these studies cannot tell whether frames affect preferences or beliefs. In this Dictator game study, we investigate whether social framing effects...
Persistent link: https://www.econbiz.de/10013114091
Institutional punishment plays a central role in human societies. Yet research in evolutionary game theory has focused almost exclusively on peer punishment. Here we present a model for the evolution of institutional punishment. We consider a set of states ('kingdoms'), each consisting of a...
Persistent link: https://www.econbiz.de/10013125522
Background: Entrepreneurship is crucial to the creation and development of every industry, and considerable work in economics, psychology, management, and other fields of social science has been devoted to analyzing characteristics of these individuals. Twin studies suggest that entrepreneurship...
Persistent link: https://www.econbiz.de/10013101133
This paper studies decision making by successful entrepreneurs and their agents. Since entrepreneurs decisions are often influenced by their agents' advice, understanding the behavior of both involved parties is crucial in analyzing observed decisions. To this end, a sample of successful...
Persistent link: https://www.econbiz.de/10013082193
For a full paper see:'http://ssrn.com/abstract=2141598' http://ssrn.com/abstract=2141598Entrepreneurs are crucial to the creation and development of every industry. Amongst entrepreneurs, often the most successful and most innovative are the so-called “serial entrepreneurs,” individuals who...
Persistent link: https://www.econbiz.de/10013069820
We systematically investigate prisoner's dilemma games and dictator games with valence framing. We find that give versus take frames influence subjects' behavior and beliefs in the prisoner's dilemma game but not in the dictator game
Persistent link: https://www.econbiz.de/10012963586
Preserving global public goods, such as the planet's ecosystem, depends on large-scale cooperation, which is difficult to achieve because the standard reciprocity mechanisms weaken in large groups. Here we demonstrate a method by which reciprocity can maintain cooperation in a large-scale public...
Persistent link: https://www.econbiz.de/10013000436
Are humans intuitively altruistic, or does altruism require self-control? A theory of social heuristics, whereby intuitive responses favor typically successful behaviors, suggests that the answer may depend on who you are. In particular, evidence suggests that women are expected to behave...
Persistent link: https://www.econbiz.de/10013000889
Online labor markets have great potential as platforms for conducting experiments, as they provide immediate access to a large and diverse subject pool and allow researchers to conduct randomized controlled trials. We argue that online experiments can be just as valid - both internally and...
Persistent link: https://www.econbiz.de/10013038852
We have participants play two sets of repeated Prisoner's Dilemma (RPD) games, one with a large continuation probability and the other with a small continuation probability (stage game payoffs and continuation probabilities are common knowledge). We find that, regardless of which is played...
Persistent link: https://www.econbiz.de/10012955059