Subjects are motivated not only by their own payoffs but also by those of others and the relationship between the payoffs of the players of the game
|
|
- Randolph Farmer
- 6 years ago
- Views:
Transcription
1 Subjects are motivated not only by their own payoffs but also by those of others and the relationship between the payoffs of the players of the game ultimatum games resistance to unfairness dictator games altruism accounts for giving behavior Solidarity means a willingness to help people in need who are similar to oneself but victims of outside influences such as unforeseen illness, natural catastrophes, etc
2 Subjects were recruited in a students restaurant and the experiments were performed on the spot Each subject participates in exactly one three-person-game in which each of the subjects can independently win either DM 10,00 with probability 2/3 or zero with probability 1/3 Before the random draws are made, the subjects have to decide, how much in the case of their winning they are willing to give to a loser No loser = no gifts Pledge to help a loser is conditioned on winning and on the presence of losers = contioned gifts Egoistical behavior (21%) ->x1=x2=0 risk neutrality random entitlements -> problem s mitigation through conditional gifts (Hoffman&Spitzer) not sufficiently motivated by a desire to mitigate ex post inequality Fixed total sacrifice (52%)->x1=x2>0 x1 =2*x2 >0 assumption: subject in the group first decides how much he or she is willing to give and then distributes the amount decided upon among the losers If everyone in the group follows this strategy a single loser receives four times as much as one of two losers
3 Fixed gift to loser (16%)->x1=x2>0 give the same amount to each loser regardless of whether there are one or two losers in the game if everyone in the group follows this strategy a single loser receives two times as much as one of two losers Intermediate behavior (11%) ->2x2>x1>x2>0 behavior of these subjects is intermediate between these two norms since it differs from `fixed total sacrifice' insofar as the interests of the two recipients of the conditional gift x2 are considered more strongly, but not to the full extent of equalizing x1 and x2 if everyone in the group follows this strategy a single loser receives two times as much as one of two losers x1 - conditional gift for the case that there is exactly one loser in the group, x2 - the amount conditionally given to each of two losers in the group
4 Is fixed total sacrifice the result of utility maximization? It is not possible that exact fixed total sacrifice behavior arises from utility maximization under the assumptions of altruism, separability, risk aversiveness, and symmetry with respect to both players Decision process which first fixes the total amount to be sacrificed for solidarity and then distributes it (up to rounding) among the losers regardless of their number Similar in dictator game (Bolton) Gender has a marked influence on behavior Egoistical behavior of giving nothing in both conditions is much more common among males than among females (Fishers exact test yields a significance of p<0.001) Conditional gift behavior of males is clearly less generous than that of females Unproportional gender structure of experiment s participants
5 Economist are maybe indoctrinated to maximize profits or because of selfselection (Frank-> indoctrination effect) Those who are strongly interested in their own economic success may be more likely to study economics than others Different distributions for males and females Different responses to the educational influences ->Gender effect is valid for both economists and non-economist -> Educational effect is typical for males only
6 Similar to dictator game, but: all of them are both potential donors and potential recipients motivational element of trust in reciprocity Similar to public good, but: conditional gifts are specifically made from winners to losers do not increase the total amount available Behavior seems to be guided by different principles arising from bounded rationality and social norms
Today s lecture. A thought experiment. Topic 3: Social preferences and fairness. Overview readings: Fehr and Fischbacher (2002) Sobel (2005)
Topic 3: Social preferences and fairness Are we perfectly selfish? If not, does it affect economic analysis? How to take it into account? Overview readings: Fehr and Fischbacher (2002) Sobel (2005) Today
More informationTopic 3: Social preferences and fairness
Topic 3: Social preferences and fairness Are we perfectly selfish and self-centered? If not, does it affect economic analysis? How to take it into account? Focus: Descriptive analysis Examples Will monitoring
More informationULTIMATUM GAME. An Empirical Evidence. Presented By: SHAHID RAZZAQUE
1 ULTIMATUM GAME An Empirical Evidence Presented By: SHAHID RAZZAQUE 2 Difference Between Self-Interest, Preference & Social Preference Preference refers to the choices people make & particularly to tradeoffs
More informationSelf-centered and other-regarding behavior in the solidarity game
Journal of Economic Behavior & Organization Vol. 62 (2007) 293 303 Self-centered and other-regarding behavior in the solidarity game Susanne Büchner a,1, Giorgio Coricelli b,, Ben Greiner c,2 a Max Planck
More informationNo. 28 WORKING PAPER SERIES IN ECONOMICS BAD LUCK VS. SELF-INFLICTED NEEDINESS AN EXPERIMENTAL INVESTIGATION OF GIFT GIVING IN A SOLIDARITY GAME
No. 8 U N I V E R S I T Y O F C O L O G N E WORKING PAPER SERIES IN ECONOMICS BAD LUCK VS. SELF-INFLICTED NEEDINESS AN EXPERIMENTAL INVEIGATION OF GIFT GIVING IN A SOLIDARITY GAME NADJA TRHAL RALF RADERMACHER
More informationLecture 3. QIAO Zhilin ( 乔志林 ) School of Economics & Finance Xi an Jiaotong University
Lecture 3 QIAO Zhilin ( 乔志林 ).co School of Economics & Finance Xi an Jiaotong University October, 2015 Introduction Ultimatum Game Traditional Economics Fairness is simply a rhetorical term Self-interest
More informationHow to identify trust and reciprocity
Games and Economic Behavior 46 (2004) 260 281 www.elsevier.com/locate/geb How to identify trust and reciprocity JamesC.Cox Department of Economics, 401 McClelland Hall, University of Arizona, Tucson, AZ
More informationEmanuela Carbonara. 31 January University of Bologna - Department of Economics
Game Theory, Behavior and The Law - I A brief introduction to game theory. Rules of the game and equilibrium concepts. Behavioral Games: Ultimatum and Dictator Games. Entitlement and Framing effects. Emanuela
More informationThe cost of fair divisions: An experimental investigation of Ultimatum Games with groups
: An experimental investigation of Ultimatum Games with groups University of Trento, LEM-Sant Anna School of Advanced Studies, Pisa mfaillo@economia.unitn.it This version: February 2005 Abstract I investigated
More informationAccepting Zero in the Ultimatum Game Does Not Reflect Selfish. preferences
Accepting Zero in the Ultimatum Game Does Not Reflect Selfish Preferences Gianandrea Staffiero a, Filippos Exadaktylos b* & Antonio M. Espín c a. Universitat Pompeu Fabra, Spain. Department of Economics
More informationDIFFERENCES IN THE ECONOMIC DECISIONS OF MEN AND WOMEN: EXPERIMENTAL EVIDENCE*
DIFFERENCES IN THE ECONOMIC DECISIONS OF MEN AND WOMEN: EXPERIMENTAL EVIDENCE* Catherine C. Eckel Department of Economics Virginia Tech Blacksburg, VA 24061-0316 Philip J. Grossman Department of Economics
More informationHomo economicus is dead! How do we know how the mind works? How the mind works
Some facts about social preferences, or why we're sometimes nice and sometimes not Karthik Panchanathan buddha@ucla.edu Homo economicus is dead! It was a mistake to believe that individuals and institutions
More informationSUPPLEMENTARY INFORMATION
Supplementary Statistics and Results This file contains supplementary statistical information and a discussion of the interpretation of the belief effect on the basis of additional data. We also present
More informationUNIVERSITÀ DEGLI STUDI DI SIENA QUADERNI DEL DIPARTIMENTO DI ECONOMIA POLITICA. Competition for power and altruism. Luigi Bosco
UNIVERSITÀ DEGLI STUDI DI SIENA QUADERNI DEL DIPARTIMENTO DI ECONOMIA POLITICA Luigi Bosco Competition for power and altruism n. 562 Luglio 2009 Abstract - The paper analyzes the trade-off between power
More informationsocial preferences P000153
P000153 Behaviour in a variety of games is inconsistent with the traditional formulation of egoistic decision-makers; however, the observed differences are often systematic and robust. In many cases, people
More informationWhich determines Dictating the Risk, risk preference or social image? Experimental evidence-
Which determines Dictating the Risk, risk preference or social image? Experimental evidence- Tetsuya Kawamura a, Kazuhito Ogawa a,b and Yusuke Osaki a,c a Center for Experimental Economics, Kansai University
More informationSelf-Serving Assessments of Fairness and Pretrial Bargaining
Self-Serving Assessments of Fairness and Pretrial Bargaining George Loewenstein Samuel Issacharoff Colin Camerer and Linda Babcock Journal of Legal Studies 1993 報告人 : 高培儒 20091028 1 1. Introduction Why
More informationTypes and Patterns. An Experimental East-West-German Comparison of Cooperation and Solidarity * Axel Ockenfels Joachim Weimann
Types and Patterns An Experimental East-West-German Comparison of Cooperation and Solidarity * Axel Ockenfels Joachim Weimann Faculty of Economics and Management Otto-von-Guericke-University Magdeburg
More informationBy Olivia Smith and Steven van de Put Third Year, Second Prize
Are humans always the rational, self-interested agents that mainstream economics assumes them to be? Discuss, using ideas of reciprocity, altruism and fairness By Olivia Smith and Steven van de Put Third
More informationInstitutions and Cooperative Behavior
Institutions and Cooperative Behavior by Arild Vatn Department of International Environmental and Development Studies Norwegian University of Life Sciences Complexity Economics for Sustainability Seminar
More informationA Note On the Design of Experiments Involving Public Goods
University of Colorado From the SelectedWorks of PHILIP E GRAVES 2009 A Note On the Design of Experiments Involving Public Goods PHILIP E GRAVES, University of Colorado at Boulder Available at: https://works.bepress.com/philip_graves/40/
More informationConditional behavior affects the level of evolved cooperation in public good games
Center for the Study of Institutional Diversity CSID Working Paper Series #CSID-2013-007 Conditional behavior affects the level of evolved cooperation in public good games Marco A. Janssen Arizona State
More informationSocial Status and Group Norms: Indirect Reciprocity in a Helping Experiment
Social Status and Group Norms: Indirect Reciprocity in a Helping Experiment Ingrid Seinen and Arthur Schram CREED Department of Economics and Econometrics University of Amsterdam Roetersstraat 11 1018
More informationExpEc I. Preliminaries
ExpEc I. Preliminaries Giovanni Ponti Università di Ferrara Facoltà di Giurisprudenza LUISS Guido Carli LAboratory for Theoretical and EXperimental Economics Universidad de Alicante Roma, 7/6/2010 h t
More informationIrrationality in Game Theory
Irrationality in Game Theory Yamin Htun Dec 9, 2005 Abstract The concepts in game theory have been evolving in such a way that existing theories are recasted to apply to problems that previously appeared
More informationLecture 17. Social Dilemmas: Cooperation versus Conflict. Copyright Allyn and Bacon 2005
Lecture 17 Social Dilemmas: Cooperation versus Conflict 1 Outline Defining Social Dilemmas Goals Underlying Global Social Dilemmas Gaining Immediate Satisfaction Defending Ourselves and Valued Others 2
More informationWILL HOMO ECONOMICUS SURVIVE?
WILL HOMO ECONOMICUS SURVIVE? PHILIPP DOERRENBERG Erasmus Student In this essay, Philipp Doerrenberg highlights recent experimental work that has proven the shaky foundations of the concept of the rational,
More informationAltruistic Behavior: Lessons from Neuroeconomics. Kei Yoshida Postdoctoral Research Fellow University of Tokyo Center for Philosophy (UTCP)
Altruistic Behavior: Lessons from Neuroeconomics Kei Yoshida Postdoctoral Research Fellow University of Tokyo Center for Philosophy (UTCP) Table of Contents 1. The Emergence of Neuroeconomics, or the Decline
More informationAltruism. Why Are Organisms Ever Altruistic? Kin Selection. Reciprocal Altruism. Costly Signaling. Group Selection?
Altruism Nepotism Common-Pool Resource (CPR) Tragedy of the Commons Public Good Free-riders Competitive Altruism A 1987 Florida news story reported that 22 blood donors who had false positives on an HIV
More informationAn Experimental Comparison of the Fairness Models by Bolton and Ockenfels and by Fehr and Schmidt
An Experimental Comparison of the Fairness Models by Bolton and Ockenfels and by Fehr and Schmidt Dirk Engelmann y and Martin Strobel z Humboldt-Universität zu Berlin January 29, 2000 Abstract In this
More informationJakub Steiner The University of Edinburgh. Abstract
A trace of anger is enough: on the enforcement of social norms Jakub Steiner The University of Edinburgh Abstract It is well documented that the possibility of punishing free-riders increases contributions
More information3. Bargaining experiments
3. Bargaining experiments How do we implement bargaining in the lab? What are key results from these bargaining experiments? Do we see deviations from what is predicted by standard economics? Falk: Experimental
More informationDo My Previous Good Deeds To Third Party Make People More Tolerant to My Current Bad Deeds? P. Ndodjang, G. Grolleau, L. Ibanez
Do My Previous Good Deeds To Third Party Make People More Tolerant to My Current Bad Deeds? P. Ndodjang, G. Grolleau, L. Ibanez Abstract: Recent studies showed that past good deeds can license individuals
More informationAuthor's personal copy
Exp Econ DOI 10.1007/s10683-015-9466-8 ORIGINAL PAPER The effects of endowment size and strategy method on third party punishment Jillian Jordan 1 Katherine McAuliffe 1,2 David Rand 1,3,4 Received: 19
More informationThe Effect of Stakes in Distribution Experiments. Jeffrey Carpenter Eric Verhoogen Stephen Burks. December 2003
The Effect of Stakes in Distribution Experiments by Jeffrey Carpenter Eric Verhoogen Stephen Burks December 2003 MIDDLEBURY COLLEGE ECONOMICS DISCUSSION PAPER NO. 03-28 DEPARTMENT OF ECONOMICS MIDDLEBURY
More informationChapter 26 Theoretical Models of Decision-Making in the Ultimatum Game: Fairness vs. Reason
Chapter 26 Theoretical Models of Decision-Making in the Ultimatum Game: Fairness vs. Reason Tatiana V. Guy, Miroslav Kárný, Alessandra Lintas and Alessandro E.P. Villa Abstract According to game theory,
More informationBehavioral Game Theory
Behavioral Game Theory Experiments in Strategic Interaction Colin F. Camerer Russell Sage Foundation, New York, New York Princeton University Press, Princeton, New Jersey Preface Introduction 1.1 What
More informationTheory and evidence on the assessment of intention and responsibility. Determinants of reciprocal behavior
Theory and evidence on the assessment of intention and responsibility Determinants of reciprocal behavior Urs Fischbacher University of Konstanz Thurgau Institute of Economics 1 Overview Key empirical
More informationInterdependent Preferences and Reciprocity
Interdependent Preferences and Reciprocity Joel Sobel October 21, 2004 I presented a version of this paper at the First World Congress of the Game Theory Society and to my colleagues at the Center for
More informationGiving To Ingrates?*
Giving To Ingrates?* Michael Jones, Bridgewater State College and Michael McKee, Appalachian State University and University of Calgary February 2008 Michael Jones, Department of Economics, Bridgewater
More informationSocial Preferences of Young Adults in Japan: The Roles of Age and Gender
Social Preferences of Young Adults in Japan: The Roles of Age and Gender Akihiro Kawase Faculty of Economics, Toyo University, Japan November 26, 2014 E-mail address: kawase@toyo.jp Postal address: Faculty
More informationIdentity, Homophily and In-Group Bias: Experimental Evidence
Identity, Homophily and In-Group Bias: Experimental Evidence Friederike Mengel & Sergio Currarini Univeersity of Nottingham Universita Ca Foscari and FEEM, Venice FEEM, March 2012 In-Group Bias Experimental
More informationUniversity of Zurich. The social side of Homo economicus. Zurich Open Repository and Archive. Rankin, D J. Year: 2011
University of Zurich Zurich Open Repository and Archive Winterthurerstr. CH-0 Zurich http://www.zora.uzh.ch Year: 0 The social side of Homo economicus Rankin, D J Rankin, D J (0). The social side of Homo
More informationOther-Regarding Preferences: A Selective Survey of Experimental Results* David J. Cooper Florida State University. John H. Kagel Ohio State University
Other-Regarding Preferences: A Selective Survey of Experimental Results* David J. Cooper Florida State University John H. Kagel Ohio State University 11/14/2014 *Research support from the National Science
More informationPoverty in dictator games: Awakening solidarity
Journal of Economic Behavior & Organization Vol. 60 (2006) 306 320 Poverty in dictator games: Awakening solidarity Pablo Brañas-Garza Departamento de Teoría e Historia Económica, Universidad de Granada,
More informationMeasuring Social Norms and Preferences using Experimental Games: A Guide for Social Scientists
Institute for Empirical Research in Economics University of Zurich Working Paper Series ISSN 1424-0459 Forthcoming in: Foundations of Human Sociality Experimental and Ethnographic Evidence from 15 Small-Scale
More informationOther Regarding Preferences: A Selective Survey of Experimental Results* David J. Cooper Florida State University. John H. Kagel Ohio State University
Draft: Comments welcome Other Regarding Preferences: A Selective Survey of Experimental Results* David J. Cooper Florida State University John H. Kagel Ohio State University 4/11/2009 *Research support
More informationWishful thinking in willful blindness
Wishful thinking in willful blindness Homayoon Moradi 1 Alexander Nesterov 2 1 WZB Berlin Social Science Center 2 Higher School of Economics, St.Petersburg WZB Job market presentation practice People often
More informationHow stress hormones influence judgment, choice and social preferences Tobias Kalenscher Heinrich-Heine University Düsseldorf
How stress hormones influence judgment, choice and social preferences Tobias Kalenscher Heinrich-Heine University Düsseldorf Stress and Decision-Making 3 Stress and Decision-Making Stress? 4 How do we
More informationVeronika Grimm, Friederike Mengel. Let me sleep on it: Delay reduces rejection rates in Ultimatum Games RM/10/017
Veronika Grimm, Friederike Mengel Let me sleep on it: Delay reduces rejection rates in Ultimatum Games RM/10/017 Let me sleep on it: Delay reduces rejection rates in Ultimatum Games Veronika Grimm Friederike
More informationPrior Dispositions and Actual Behavior in Dictator and Ultimatum Games. Abstract
Prior Dispositions and Actual Behavior in Dictator and Ultimatum Games Hermann Brandstätter, University of Linz Werner Güth, Humboldt-University, Berlin Judith Himmelbauer, University of Linz Willy Kriz,
More informationTheoretical Explanations of Treatment Effects in Voluntary Contributions Experiments
Theoretical Explanations of Treatment Effects in Voluntary Contributions Experiments Charles A. Holt and Susan K. Laury * November 1997 Introduction Public goods experiments are notable in that they produce
More informationProximate Mechanisms Underlying Moral Punishment
International Conference on Social Dilemmas 2013 - Zürich Proximate Mechanisms Underlying Moral Punishment Christine Clavien University of Lausanne Social norms are key to human cooperative interactions
More informationThe Power of Social Norms Antagonizing the Bystander Effect in an N-Person Dictator Game
The Power of Social Norms Antagonizing the Bystander Effect in an N-Person Dictator Game Abstract This paper investigates, whether the economically modelled bystander effect is antagonized by the effect
More informationEntitlement in a Real Effort Ultimatum Game
Entitlement in a Real Effort Ultimatum Game Michael D. Carr and Phil Mellizo WORKING PAPER 2013-01 DEPARTMENT OF ECONOMICS UNIVERSITY OF MASSACHUSETTS BOSTON 1 Entitlement in a Real Effort Ultimatum Game
More informationInequity and Risk Aversion. in Sequential Public Good Games
Inequity and Risk Aversion in Sequential Public Good Games Sabrina Teyssier INRA-ALISS, 65 boulevard de Brandebourg, 94205 Ivry-sur-Seine Cedex, France. Email: Sabrina.Teyssier@ivry.inra.fr. September
More informationBehavioral Economics and the Study of Social Preferences James Konow. International Conference on Behavioral Economics ISER and Osaka University
Behavioral Economics and the Study of Social Preferences James Konow International Conference on Behavioral Economics ISER and Osaka University Subject Matter of Behavioral Economics Traditional economic
More informationA cash effect in ultimatum game experiments
A cash effect in ultimatum game experiments JUNYI SHEN * Research Institute for Economics & Business Administration, Kobe University, Japan and HIROMASA TAKAHASHI Faculty of International Studies, Hiroshima
More informationHYPOTHETICAL AND REAL INCENTIVES IN THE ULTIMATUM GAME AND ANDREONI S PUBLIC GOODS GAME: AN EXPERIMENTAL STUDY
HYPOTHETICAL AND REAL INCENTIVES IN THE ULTIMATUM GAME AND ANDREONI S PUBLIC GOODS GAME: INTRODUCTION AN EXPERIMENTAL STUDY Mark T. Gillis West Virginia University and Paul L. Hettler, Ph.D. California
More informationDeserving Altruism: Type Preferences in the Laboratory
Deserving Altruism: Type Preferences in the Laboratory Very preliminary. Comments welcome!! Hong (Hannah) Lin 1 and David Ong 2 ABSTRACT Recent and accumulating evidence has established that though people
More informationKoji Kotani International University of Japan. Abstract
Further investigations of framing effects on cooperative choices in a provision point mechanism Koji Kotani International University of Japan Shunsuke Managi Yokohama National University Kenta Tanaka Yokohama
More informationAn investment game with third-party intervention
ThE Papers 06/13 Departamento de Teoría e Historia Económica Universidad de Granada An investment game with third-party intervention Gary Charness (UCSB), Ramón Cobo-Reyes (UGR), Natalia Jiménez (UGR)
More informationJournal of Experimental Social Psychology
Journal of Experimental Social Psychology 47 (2011) 582 588 Contents lists available at ScienceDirect Journal of Experimental Social Psychology journal homepage: www.elsevier.com/locate/jesp Sharing losses
More informationBehavioral Game Theory
Outline (September 3, 2007) Outline (September 3, 2007) Introduction Outline (September 3, 2007) Introduction Examples of laboratory experiments Outline (September 3, 2007) Introduction Examples of laboratory
More informationKin Selection Theory. Overview. Methods of Kin Recognition. The Trust Game. Hypotheses. The Trust Game
Overview What are the links between kin recognition and facial resemblance? How does facial resemblance affect behaviour in an economic game? Can those results be explained in terms of differential attractiveness
More informationThe Economics of Fairness, Reciprocity and Altruism - Experimental Evidence and New Theories
The Economics of Fairness, Reciprocity and Altruism - Experimental Evidence and New Theories Ernst Fehr Klaus M. Schmidt Discussion paper 2005-20 June 2005 Department of Economics, University of Munich
More informationBehavioral Economics. Keywords. Introduction. Abstract
B Behavioral Economics Jennifer E. Miller 1, Elinor Amit 2,3 and Ann-Christin Posten 3 1 Division of Medical Ethics, Department of Population Health, NYU Langone Medical Center, New York, NY, USA 2 Harvard
More informationTrust and Reciprocity, Interdisciplinary Lessons from Experimental Research
Page 1 Trust and Reciprocity, Interdisciplinary Lessons from Experimental Research By Elinor Ostrom and James Walker SUMMARY Elinor Ostrom and James Walker wrote Trust and Reciprocity on the results of
More informationThe Foundations of Behavioral. Economic Analysis SANJIT DHAMI
The Foundations of Behavioral Economic Analysis SANJIT DHAMI OXFORD UNIVERSITY PRESS CONTENTS List offigures ListofTables %xi xxxi Introduction 1 1 The antecedents of behavioral economics 3 2 On methodology
More informationBehavioral Economics - Syllabus
Behavioral Economics - Syllabus 1 st Term - Academic Year 2016/2017 Professor Luigi Mittone luigi.mittone@unitn.it Teaching Assistant Viola Saredi violaluisa.saredi@unitn.it Course Overview The course
More informationCeDEx Discussion Paper Series ISSN
Discussion Paper No. 2009 10 Klaus Abbink and Benedikt Herrmann June 2009 The Moral Costs of Nastiness CeDEx Discussion Paper Series ISSN 1749 3293 The Centre for Decision Research and Experimental Economics
More informationDEPARTMENT OF ECONOMICS AND FINANCE COLLEGE OF BUSINESS AND ECONOMICS UNIVERSITY OF CANTERBURY CHRISTCHURCH, NEW ZEALAND
DEPARTMENT OF ECONOMICS AND FINANCE COLLEGE OF BUSINESS AND ECONOMICS UNIVERSITY OF CANTERBURY CHRISTCHURCH, NEW ZEALAND Comment on Promises and Partnership Cary Deck, Maroš Servátka, and Steven Tucker
More informationBehavioural Economics University of Oxford Vincent P. Crawford Michaelmas Term 2012
Behavioural Economics University of Oxford Vincent P. Crawford Michaelmas Term 2012 Introduction to Behavioral Economics and Decision Theory (with very large debts to David Laibson and Matthew Rabin) Revised
More informationgood reputation, and less chance to be chosen as potential partners. Fourth, not everyone values a good reputation to the same extent.
English Summary 128 English summary English Summary S ocial dilemmas emerge when people experience a conflict between their immediate personal interest and the long-term collective interest of the group
More informationEager for Fairness or for Revenge?
EAGER FOR FAIRNESS OR FOR REVENGE? to appear in Economics and Philosophy 1 Eager for Fairness or for Revenge? Psychological Altruism in Economics CHRISTINE CLAVIEN University of Lausanne REBEKKA A. KLEIN
More informationPlaying with the Good Guys: A Public Good Game with Endogenous Group Formation
Playing with the Good Guys: A Public Good Game with Endogenous Group Formation Kjell Arne Brekke, Karen E. Hauge, Jo Thori Lind, Karine Nyborg Abstract In social dilemmas, conditional cooperators may be
More informationNeuroeconomics of Charitable Giving and Philanthropy
C H A P T E R 20 c00020 Neuroeconomics of Charitable Giving and Philanthropy Ulrich Mayr, William T. Harbaugh, and Dharol Tankersley O U T L I N E s0010 s0020 s0030 s0040 s0050 s0060 s0070 s0080 s0090
More informationFurther Properties of the Priority Rule
Further Properties of the Priority Rule Michael Strevens Draft of July 2003 Abstract In Strevens (2003), I showed that science s priority system for distributing credit promotes an allocation of labor
More informationShifting the blame to a powerless intermediary
Exp Econ (2013) 16:306 312 DOI 10.1007/s10683-012-9335-7 MANUSCRIPT Shifting the blame to a powerless intermediary Regine Oexl Zachary J. Grossman Received: 10 September 2011 / Accepted: 17 July 2012 /
More informationHappiness to Anger: Why and How Emotions drive Economic D. Decisions
Happiness to Anger: Why and How Emotions drive Economic Decisions University of Exeter Professor of Economics Head of Department Director; Behaviour, Identity, Decision Research Cluster October, 2017 Everybody
More informationGender Differences in Giving in the Dictator Game: The Role of Reluctant Altruism
Gender Differences in Giving in the Dictator Game: The Role of Reluctant Altruism David Klinowski Santiago Centre for Experimental Social Sciences Nuffield College, University of Oxford; and Universidad
More informationGeneralized trust and prosocial behavior
Generalized trust and prosocial behavior Regina Kühne June 11, 2012 This is a DRAFT. Please do not quote or cite. Comments are very welcome (Email to regina.kuehne@wiwi.hu-berlin.de) Abstract There is
More informationThe Neural Basis of Economic Decision- Making in The Ultimatum Game
The Neural Basis of Economic Decision- Making in The Ultimatum Game Sanfey, Rilling, Aronson, Nystrom, & Cohen (2003), The neural basis of economic decisionmaking in the Ultimatum game, Science 300, 1755-1758
More informationCooperation in Prisoner s Dilemma Game: Influence of Social Relations
Cooperation in Prisoner s Dilemma Game: Influence of Social Relations Maurice Grinberg (mgrinberg@nbu.bg) Evgenia Hristova (ehristova@cogs.nbu.bg) Milena Borisova (borisova_milena@abv.bg) Department of
More informationBook review: The Calculus of Selfishness, by Karl Sigmund
Book review: The Calculus of Selfishness, by Karl Sigmund Olle Häggström Leading game theorist Karl Sigmund calls his latest book The Calculus of Selfishness, although arguably The Calculus of Cooperation
More informationClicker quiz: Should the cocaine trade be legalized? (either answer will tell us if you are here or not) 1. yes 2. no
Clicker quiz: Should the cocaine trade be legalized? (either answer will tell us if you are here or not) 1. yes 2. no Economic Liberalism Summary: Assumptions: self-interest, rationality, individual freedom
More informationResisting Moral Wiggle Room: How Robust is Reciprocity?
DISCUSSION PAPER SERIES IZA DP No. 5374 Resisting Moral Wiggle Room: How Robust is Reciprocity? Joël van der Weele Julija Kulisa Michael Kosfeld Guido Friebel December 2010 Forschungsinstitut zur Zukunft
More informationBehavioral Economics
Behavioral Economics Mark Dean Lecture Notes for Fall 2009 Introductory Microeconomics - Brown University 1 Introduction We will finish the course with a couple of observations about behavioral economics.
More informationThe Evolutionary Foundations of Strong Reciprocity
Analyse & Kritik 29/2005 ( c Lucius & Lucius, Stuttgart) p. xxx xxx J. McKenzie Alexander The Evolutionary Foundations of Strong Reciprocity To say that people cooperate, trust, offer more than is logically
More informationThorsten Chmura Christoph Engel Markus Englerth. At the Mercy of a Prisoner Three Dictator Experiments. Abstract
Thorsten Chmura Christoph Engel Markus Englerth At the Mercy of a Prisoner Three Dictator Experiments Abstract We test male juvenile prisoners on a dictator game with another anonymous co-prisoner as recipient.
More informationEconomic Computation and Economic Cybernetics Studies and Research, Issue 4/2015
Economic Computation and Economic Cybernetics Studies and Research, Issue 4/205 Assistant Professor Sigifredo LAENGLE, PhD Department of Management Control, Universidad de Chile E-mail: slaengle@fen.uchile.cl
More informationPersonality and social behavior. Aldo Rustichini Conference on Measuring and Assessing Skills Chicago, October 1-2
Personality and social behavior Aldo Rustichini Conference on Measuring and Assessing Skills Chicago, October 1-2 Outline: Three main themes Conscientiousness and strategic behavior Intelligence and strategic
More informationGroup Composition and Cooperation
Group Composition and Cooperation Alexander Smith May 15, 2009 Abstract This paper presents an experiment designed to measure how heterogeneous identity affects contributions in a voluntary contribution
More informationTRACING FAIRNESS INTENTIONS: CHINESE WHISPER
TRACING FAIRNESS INTENTIONS: CHINESE WHISPER Zulia Gubaydullina and Kilian Bizer Georg-August-Universität Göttingen, Economic Policy and SME Research Platz der Göttinger Sieben 3, 37073 Göttingen, Germany
More informationStrong Reciprocity and Human Sociality
Notes on Behavioral Economics 1 Strong Reciprocity and Human Sociality Human groups are highly social despite a low level of relatedness. There is an empirically identifiable form of prosocial behavior
More informationSequential Decision and Strategy Vector Methods in Ultimatum Bargaining: Evidence on the Strength of Other- Regarding Behavior
Department of Economics Discussion Paper 2004-04 Sequential Decision and Strategy Vector Methods in Ultimatum Bargaining: Evidence on the Strength of Other- Regarding Behavior Robert J. Oxoby University
More informationObservations of the specific regions in the brain that are active when
No Brainer Predictions in the Ultimatum Game Matteo Colombo MSc Philosophy and History of Science, 2008 Observations of the specific regions in the brain that are active when behaviour is observed can
More informationFairness behavior in an economic crisis environment: a Romanian experimental perspective
Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 33 (2012) 503 507 PSIWORLD 2011 Fairness behavior in an economic crisis environment: a Romanian experimental perspective
More informationThe innate effect of Bias
The innate effect of Bias Overview Research by behavioural economists has clearly demonstrated we are not rational; in fact we are naturally irrational. Deeply embedded biases affect every decision we
More informationULTIMATUM BARGAINING EXPERIMENTS: THE STATE OF THE ART
ULTIMATUM BARGAINING EXPERIMENTS: THE STATE OF THE ART J. NEIL BEARDEN Abstract. In the basic ultimatum bargaining game two players, P 1 and P 2, must divide a pie (π). P 1 proposes a division in which
More information