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- W2520406984 abstract "To measure the prevalence of social preferences in a field setting,we conduct a trading experiment on German eBay. Acting as a seller,we offer Amazon gift cards with values from 5 to 500 euros. The randomlyarriving buyers, unaware of the experiment, make us take-it-or-leave-itprice offers according to the platform's rules. From the observeddistribution of offers we infer the proposed splitting of the gainsfrom trade. We conclude that social preferences are important in thefield but to a lower extent than in the laboratory. We obtain threeadditional results: (i) the amount of money at stake has no significanteffect on the offers; (ii) the subjects make poor use of public information;(iii) the behaviour of East and West German subjects follows two separatepatterns, likely due to the cultural differences." @default.
- W2520406984 created "2016-09-23" @default.
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- W2520406984 date "2015-01-01" @default.
- W2520406984 modified "2023-09-28" @default.
- W2520406984 title "Selling Money on EBay: A Study of Social Preferences in the Field" @default.
- W2520406984 hasPublicationYear "2015" @default.
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