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Who Gets the Last Word? An Experimental Study of the Effect of a Peer Review Process on the Expression of Social Norms

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  • Jim Engle-Warnick

    ()

  • Andreas Leibbrandt

Abstract

We alter who gets the last word on the outcome in three different types of trust games: the first mover, the second mover, or, a committee comprised of first and second movers. The committee functions in a manner similar to a peer review process, in which experienced subjects pass judgment on the outcome reached by a different pair of subjects. Surprisingly, giving the first mover the last word benefits the second mover. Letting the committee decide increases the first mover’s trust. And first and second movers pass different types of judgments when they act as a committee. Au cours de trois jeux de confiance différents, nous alternons la personne qui aura le dernier mot sur le résultat : le premier joueur, le deuxième joueur, ou un comité (à qui revient la décision) composé du premier et du second joueur. Ce comité fonctionne de manière similaire à la révision conventionnelle par les pairs, où des joueurs expérimentés passent un jugement sur les résultats préalablement réalisés par deux joueurs différents. Étonnamment, donner le dernier mot au premier joueur donne l’avantage au deuxième joueur. D’autre part, laisser le comité prendre la décision augmente la confiance du premier joueur. Finalement, les premiers et seconds joueurs passent différents types de jugements lorsqu’ils font partie d’un comité.

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Bibliographic Info

Paper provided by CIRANO in its series CIRANO Working Papers with number 2006s-12.

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Date of creation: 01 Aug 2006
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Handle: RePEc:cir:cirwor:2006s-12

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Keywords: experimental economics; peer review; social norm; social preferences; third-party punishment; trust; confiance; économie expérimentale; normes sociales; préférences sociales; révision par les pairs; sanctions par une tierce personne;

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