Zur Kurzanzeige

1998-04-10Buch DOI: 10.18452/3746
Presents or Investments?
dc.contributor.authorGneezy, Uri
dc.contributor.authorGüth, Werner
dc.contributor.authorVerboven, Frank
dc.date.accessioned2017-06-15T21:59:33Z
dc.date.available2017-06-15T21:59:33Z
dc.date.created2006-02-02
dc.date.issued1998-04-10
dc.identifier.issn1436-1086
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4398
dc.description.abstractIndividuals frequently transfer commodities without an explicit contract or an implicit enforcement mechanism. We design an experiment to study whether such commodity transfers can be viewed as investments based on trust and reciprocity, or whether they rather resemble presents with distributional intentions. Our experiment essentially modifies Berg et al.’s investment game by introducing an upper bound to what a contributor can be repaid afterwards. By varying this upper bound, extreme situations such as unrestricted repayment and no repayment (dictator giving) can be approximated without altering the verbal instructions otherwise. Our results show that individuals contribute more when large repayments are feasible. This is consistent with the trust and reciprocity hypothesis. Although distributional concerns in some contributions can be traced, they are not nearly close to a preference for equal payoffs.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subject.ddc330 Wirtschaft
dc.titlePresents or Investments?
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-10057090
dc.identifier.doihttp://dx.doi.org/10.18452/3746
dc.subject.dnb17 Wirtschaft
local.edoc.pages11
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-year1998
dc.title.subtitleAn Experimental Analysis
dc.identifier.zdb2135319-0
bua.series.nameSonderforschungsbereich 373: Quantification and Simulation of Economic Processes
bua.series.issuenumber1998,56

Zur Kurzanzeige