Search results for "Dictator game"
showing 10 items of 16 documents
From being alone to being the only one: Neuroticism is associated with an egocentric shift in an alone context
2019
Objective This research presents evidence for an egocentric shift occurring among individuals high in Neuroticism by the mere thought-and actual state-of being alone. Method Four experiments and one experience sampling study (N = 719). In the experiments, Neuroticism was measured, and participants were randomly primed to adopt either an alone or a "with others" social context mind-set. The experiments measured different expressions of egocentrism. Study 1 measured perspective-taking, Study 2a was focused on social value orientation, Study 2b measured money allocation in a dictator game, and Study 3 measured self-reported and behavioral interpersonal trust. Trust was also the focus of Study …
Older and Younger Adults Perform Similarly in an Iterated Trust Game
2021
This work was supported by the Spanish Ministry of Education, Culture and Sports, with pre-doctoral FPU fellowship FPU14/07106 to MT, and the Spanish Ministry of Economy and Competitiveness, with research projects PSI2014-52764-P and PSI2017-84926-P to JL. This research is part of MT’s thesis dissertation under the supervision of JL.
The effects of personality, risk and other-regarding attitudes on trust and reciprocity
2022
Abstract This paper reports experimental results on the determinants of trust and reciprocity in the context of a genuinely sequential, binary Trust Game. Apart from behavior in the main experiment, subjects’ risk attitudes and inequality aversion are elicited, as well as the traits of neuroticism and agreeableness, captured through the five-factor model. The findings suggest that trustors’ (first movers) behavior is affected by their loss aversion, while trustees’ (second movers) reciprocal behavior is not explained by any of their other-regarding attitudes, but, rather, by their agreeableness.
Building emotional agents for strategic decision making
2015
Experimental economics has many works that demonstrate the influence of emotions and affective issues on the process of human strategic decision making. Personality, emotions and mood produce biases on what would be considered the strategic solution (Nash equilibrium) to many games. %CAMBIO% Thus considering these issues on simulations of human behavior may produce results more aligned with real situations. We think that computational agents are a suitable %CAMBIO% technology to simulate such phenomena. We propose to use O3A, an Open Affective Agent Architecture to model rational and affective agents, in order to perform simulations where agents must take decisions as close as possible to h…
On Ibn Ezra's Procedure and Shapley Value
2014
We examine ibn Ezra's procedure (Rabinovitch 1973; O'Neill 1982) historically used to solve the Rights Arbitration problem in the general framework of bankruptcy problems. When the greatest claim is larger than or equal to the estate, the procedure is a maximal game (Aumann 2010). However, when the greatest claim is smaller than the estate, the axioms of efficiency (the whole estate is distributed) and satiation are difficult to satisfy simultaneously. We discuss both axioms to show that their importance and necessity are radically different. From then, for the part of the estate not covered by the greatest claim, we examine four possible procedures: the minimal overlap rule, Alcalde et al.…
Coordinated Punishment and the Evolution of Cooperation
2015
In this paper, we analyze a team trust game with coordinated Q1 punishment of the allocator by investors and where there is also a final stage of peer punishment. We study the effect of punishment on the reward and the investment decisions, when the effectiveness and cost of coordinated punishment depend on the number of investors adhering to this activity. The interaction takes place in an overlapping-generations model with heterogeneous preferences and incomplete information. The only long-run outcomes of the dynamics are either a fully cooperative culture (FCC) with high levels of trust and cooperation and fair returns or a non-cooperative culture with no cooperation at all. The basin of…
"Facta non verba" : an experiment on pledging and giving
2015
International audience; We design an experiment to investigate whether asking people to state how much they will donate to a charity (i.e., to pledge) increases their actual donation. Individuals’ endowment is either certain or a random variable. We study different types of pledges, namely, private, public and irrevocable, which differ in terms of the cost to the individual for not keeping the promise. We show that in absence of endowment uncertainty, private and public pledges are associated with lower donations as compared to donations in the no-pledge case: private pledges slightly reduce donations and public pledges reduce them more significantly. Donations increase with uncertainty (in…
Trust and punishment
2021
Abstract This paper explores the impact of institutions on the evolution of preferences (culture) and on economic outcomes. Punishment institutions determine the capacity and the individual cost of punishing opportunistic behavior, while preferences are endogenous and can be influenced by a cultural transmission process that is conditioned by the existing punishment institutions. We investigate the interaction and evolution between the preferences for reciprocity or rewarding of the allocator and the preferences to punish hostile behaviour by the investor in a trust game with a costly punishment phase. Our main result provides a rationale for the existence of a strong positive relationship …
The paradox of (Inter)net neutrality: An experiment on ex-ante antitrust regulation✰
2022
Abstract Net neutrality has been the most relevant and heavily debated Internet regulation policy of the last decade. Net neutrality aims to prohibit discrimination between data packages in terms of content, origin, destination, or type of equipment used. However, the Big Tech companies, sheltered by the net neutrality policy, have flourished. They now have the power to exclude minor companies, and therefore their contents, from the Internet market in de facto defiance of the net neutrality principle. Academic results regarding this net neutrality paradox are still ambiguous. To represent the current Internet market distortions and analyze a potential tool to adjust and strengthen the net n…
Standard vs random dictator games: On the effects of role uncertainty and framing on generosity
2021
This project was conducted while Ernesto Mesa-Vázquez was visiting Universidad Loyola Andalucia. He wants to particularly thank Pablo Brañas-Garza and Diego Jorrat for continued guidance and assessment with the experimental design. Álvaro Núñez-Bermúdez and the faculty members of the Economics and Business Sciences department at the University of Seville were very helpful in providing assistance for running the experiment. The paper has benefited from comments and suggestions provided by Maria Paz Espinosa, Giuseppe Attanassi, José Enrique Vila, Iván Arribas, Marco Faillo, Cristina Borra and participants at the Loyola Behavioral Lab and the Early Career Researchers in Experimental Economics…