1,721,025 research outputs found
Cooperative Attitudes Among Workers of Social Cooperatives: Evidence from an Artefactual Field Experiment
No full textWe investigate cooperative attitudes among workers of nonprofit organizations by means of a novel empirical method combining experimental and survey data. Specifically, a two-player Prisoner's Dilemma game is attached to a nationwide survey of social cooperatives in Italy. We experimentally manipulate social proximity of those interacting in the Prisoner's Dilemma and the relative returns of mutual cooperation. We find that higher returns foster cooperation when social proximity of participants is low, while cooperation is not affected by a change in social proximity alone. Furthermore, social relations in the workplace and innate dispositional factors correlate with choices in the game. Our findings offer stimulating insights into the interplay between organizational features and workers' motivations
Asset Legitimacy and Distributive Justice in the Dictator Game: An Experimental Analysis
No full textSatisficing in strategic environments: a theoretical approach and experimental evidence
No full textThe satisficing approach is generalized and applied to finite n-person games. We formally define the concept of satisficing and propose a theory that allows satisficing players to make “optimal” decisions without being equipped with any prior.Wealso review some experiments on strategic games illustrating and partly supporting our theoretical approach
An experimental analysis of satisficing in saving decisions
No full textUncertainty of one's future is the essential problem of saving decisions. Unlike previous experimental studies, we capture this crucial uncertainty by a scenario-based satisficing approach. Decision makers first form aspirations for a few relevant scenarios, and then search for consumption plans guaranteeing these aspirations. Our aim is to investigate whether agents make satisficing choices and, if so, how satisficing relates to optimality. We find that satisficing allocations can be reached easily when aspirations are incentivized, although aspiration levels are rather far from what optimality suggests
Are conditional cooperators willing to forgo efficiency gains? Evidence from a public goods experiment
No full text
Satisficing and prior-free optimality in price competition
No full textWe apply a model of satisficing to oligopoly markets with price competition. Sellers have profit aspirations reflecting their conjectures about their competitors' behavior and search for a price guaranteeing these aspirations. Because it seems implausible that people have detailed priors on the others' actions, we postulate that sellers entertain multiple conjectures to which no probabilities can be assigned. This allows us to propose a theory of "prior-free" optimality and to examine experimentally whether people comply with it. We find that decision makers have difficulties in making prior free optimal choices. Most are content to just satisfice, although ways to aspire to more ambitious profits were obviously available
Social identity and trust - An experimental investigation
No full textWe experimentally examine how group identity affects trust behavior in an investment game. In one treatment, group identity is induced purely by minimal groups. In other treatments, group members are additionally related by outcome interdependence established in a prior public goods game. Moving from the standard investment game (where no group identity is prompted) to minimal group identity to two-dimensional group identity, we find no significant differences in trust decisions. However, trust is significantly and positively correlated with contribution decisions, suggesting that “social” trust is behaviorally important
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