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When social preferences and anxiety drive behavior and vasopressin does not – An neuroeconomic analysis of vasopressin and the Hawk-Dove game –

Author

Listed:
  • Claudia Brunnlieb

    (Institute of Social Medicine and Health Economics, Otto-von-Guericke University Magdeburg)

  • Stephan Schosser

    (Faculty of Economics and Management, Otto-von-Guericke University Magdeburg)

  • Bodo Vogt

    (Faculty of Economics and Management, Otto-von-Guericke University Magdeburg)

Abstract

We delineated the causal influence of vasopressin on behavior in an iterated Hawk-Dove game. While subjects treated with vasopressin tend to be more aggressive in response to group members who did not coordinate on equilibrium instantaneously, this effect vanishes as soon as the subjects reach an equilibrium. More than vasopressin, social preferences and trait anxiety of the subjects predict the observed behavior.

Suggested Citation

  • Claudia Brunnlieb & Stephan Schosser & Bodo Vogt, 2015. "When social preferences and anxiety drive behavior and vasopressin does not – An neuroeconomic analysis of vasopressin and the Hawk-Dove game –," FEMM Working Papers 150012, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    • Handle: RePEc:mag:wpaper:150012
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    References listed on IDEAS

    as
    1. Neugebauer, Tibor & Poulsen, Anders & Schram, Arthur, 2008. "Fairness and reciprocity in the Hawk-Dove Game," Journal of Economic Behavior & Organization, Elsevier, vol. 66(2), pages 243-250, May.
    2. Michael Kosfeld & Markus Heinrichs & Paul J. Zak & Urs Fischbacher & Ernst Fehr, 2005. "Oxytocin increases trust in humans," Nature, Nature, vol. 435(7042), pages 673-676, June.
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    More about this item

    Keywords

    Hawk-Dove game; anti-coordination game; neuroeconomic experiment; vasopressin; psychological aspects;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics

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