Abstract
Economic theory grounds on the assumption of the homo oeconomicus, the rational decision-maker who is only maximizing his own utility. Economic experiments have shown many di fferent, large, and persistent deviations form the ideal of the homo oeconomicus. Experimental economics has shown that many subjects care about fairness and the payoff or well-being of others, that they behave reciprocal, i.e. that they reward cooperation and punish defection, even if this involves costs to them. Departing from pure-self interest, behavioral economists try to fi nd new models and assumptions and fi nd themselves in the tension between rational decision-making and emotional or motivational factors guiding human behavior. This dissertation presents four essays on behavioral and experimental economics.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
