IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-13-00160.html
   My bibliography  Save this article

An Experiment on Waiting Time and Punishing Behavior

Author

Listed:
  • Fabio Galeotti

    (University of East Anglia)

Abstract

We investigate the implications of waiting time on the decision to punish in a power-to-take experiment. We find that (a) waiting reduces the overall probability of destroying and (b) responders destroy more often in response to higher take rates when the waiting time is longer.

Suggested Citation

  • Fabio Galeotti, 2013. "An Experiment on Waiting Time and Punishing Behavior," Economics Bulletin, AccessEcon, vol. 33(2), pages 1383-1389.
    • Handle: RePEc:ebl:ecbull:eb-13-00160
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2013/Volume33/EB-13-V33-I2-P130.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hui, Michael K & Thakor, Mrugank V & Gill, Ravi, 1998. "The Effect of Delay Type and Service Stage on Consumers' Reactions to Waiting," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 24(4), pages 469-479, March.
    2. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    3. Grimm, Veronika & Mengel, Friederike, 2011. "Let me sleep on it: Delay reduces rejection rates in ultimatum games," Economics Letters, Elsevier, vol. 111(2), pages 113-115, May.
    4. Ronald Bosman & Heike Hennig-Schmidt & Frans Winden, 2006. "Exploring group decision making in a power-to-take experiment," Experimental Economics, Springer;Economic Science Association, vol. 9(1), pages 35-51, April.
    5. Neo, Wei Siong & Yu, Michael & Weber, Roberto A. & Gonzalez, Cleotilde, 2013. "The effects of time delay in reciprocity games," Journal of Economic Psychology, Elsevier, vol. 34(C), pages 20-35.
    6. Jörg Oechssler & Andreas Roider & Patrick W. Schmitz, 2015. "Cooling Off in Negotiations: Does it Work?," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 171(4), pages 565-588, December.
    7. Strahilevitz, Michal A & Loewenstein, George, 1998. "The Effect of Ownership History on the Valuation of Objects," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 25(3), pages 276-289, December.
    8. Solnick, Sara J, 2001. "Gender Differences in the Ultimatum Game," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 189-200, April.
    9. Ronald Bosman & Frans van Winden, 2002. "Emotional Hazard in a Power-to-take Experiment," Economic Journal, Royal Economic Society, vol. 112(476), pages 147-169, January.
    10. Bosman, Ronald & Sutter, Matthias & van Winden, Frans, 2005. "The impact of real effort and emotions in the power-to-take game," Journal of Economic Psychology, Elsevier, vol. 26(3), pages 407-429, June.
    11. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Galeotti, Fabio, 2015. "Do negative emotions explain punishment in power-to-take game experiments?," Journal of Economic Psychology, Elsevier, vol. 49(C), pages 1-14.
    2. Ronald Bosman & Heike Hennig-Schmidt & Frans Van Winden, 2017. "Emotion at Stake—The Role of Stake Size and Emotions in a Power-to-Take Game Experiment in China with a Comparison to Europe," Games, MDPI, vol. 8(1), pages 1-22, March.
    3. Fabio Galeotti, 2013. "On the Robustness of Emotions and Behavior in a Power-to-Take Game Experiment," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 13-07, School of Economics, University of East Anglia, Norwich, UK..
    4. Michalis Drouvelis & Nobuyuki Hanaki & Natsumi Shimada & Yuta Shimodaira, 2023. "Giving and Costless Retaliation in the Power-to-Take Game," CESifo Working Paper Series 10607, CESifo.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Güth, Werner & Kocher, Martin G., 2014. "More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 396-409.
    2. Gagnon, Nickolas & Noussair, C., 2016. "Does Reciprocity Persist Over Time?," Research Memorandum 033, Maastricht University, Graduate School of Business and Economics (GSBE).
    3. Eisenkopf, Gerald & Friehe, Tim & Wohlschlegel, Ansgar, 2019. "On the role of emotions in experimental litigation contests," International Review of Law and Economics, Elsevier, vol. 57(C), pages 90-94.
    4. Carlos Alós-Ferrer & Jaume García-Segarra & Alexander Ritschel, 2018. "The Big Robber Game," ECON - Working Papers 291, Department of Economics - University of Zurich.
    5. Michael Carr & Philip Mellizo, 2022. "Production from One, Distribution to All? Examining Effort-Based Distributional Norms in a Controlled Lab Study," Review of Radical Political Economics, Union for Radical Political Economics, vol. 54(1), pages 44-58, March.
    6. Hans-Rüdiger Pfister & Gisela Böhm, 2012. "Responder Feelings in a Three-Player Three-Option Ultimatum Game: Affective Determinants of Rejection Behavior," Games, MDPI, vol. 3(1), pages 1-29, February.
    7. Neo, Wei Siong & Yu, Michael & Weber, Roberto A. & Gonzalez, Cleotilde, 2013. "The effects of time delay in reciprocity games," Journal of Economic Psychology, Elsevier, vol. 34(C), pages 20-35.
    8. Nickolas Gagnon & Charles N. Noussair, 2020. "Reciprocity Under Brief And Long‐Time Delays," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1517-1530, July.
    9. Drichoutis, Andreas & Nayga, Rodolfo & Klonaris, Stathis, 2010. "The Effects of Induced Mood on Preference Reversals and Bidding Behavior in Experimental Auction Valuation," MPRA Paper 25597, University Library of Munich, Germany.
    10. Katarína Danková & Hodaka Morita & Maroš Servátka & Le Zhang, 2022. "Fairness concerns and job assignment to positions with different surplus," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1490-1516, April.
    11. Aina, Chiara & Battigalli, Pierpaolo & Gamba, Astrid, 2020. "Frustration and anger in the Ultimatum Game: An experiment," Games and Economic Behavior, Elsevier, vol. 122(C), pages 150-167.
    12. Baumann, Florian & Benndorf, Volker & Friese, Maria, 2019. "Loss-induced emotions and criminal behavior: An experimental analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 134-145.
    13. Gilles Grolleau & Angela Sutan & Sana El Harbi & Marwa Jedidi, 2018. "Do We Need More Time To Give Less? Experimental Evidence From Tunisia," Bulletin of Economic Research, Wiley Blackwell, vol. 70(4), pages 400-409, October.
    14. Aurélie Bonein & Laurent Denant-Boèmont, 2015. "Self-control, commitment and peer pressure: a laboratory experiment," Experimental Economics, Springer;Economic Science Association, vol. 18(4), pages 543-568, December.
    15. Max Albert & Vanessa Mertins, 2008. "Participation and Decision Making: A Three-person Power-to-take Experiment," MAGKS Papers on Economics 200805, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    16. Bernasconi, Michele & Corazzini, Luca & Seri, Raffaello, 2014. "Reference dependent preferences, hedonic adaptation and tax evasion: Does the tax burden matter?," Journal of Economic Psychology, Elsevier, vol. 40(C), pages 103-118.
    17. Persson, Emil, 2018. "Testing the impact of frustration and anger when responsibility is low," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 435-448.
    18. Carola Braun & Katrin Rehdanz & Ulrich Schmidt, 2018. "Exploring public perception of environmental technology over time," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 61(1), pages 143-160, January.
    19. Vranceanu, Radu & Sutan, Angela & Dubart, Delphine, 2016. "Discontent with taxes and the timing of taxation : experimental evidence," ESSEC Working Papers WP1602, ESSEC Research Center, ESSEC Business School.
    20. Crosetto, Paolo & Güth, Werner, 2021. "What are you calling intuitive? Subject heterogeneity as a driver of response times in an impunity game," Journal of Economic Psychology, Elsevier, vol. 87(C).

    More about this item

    Keywords

    experiment; punishment; waiting time; power-to-take;
    All these keywords.

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-13-00160. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.