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In his book on 'Market Microstructure' Spulber presented some strange results with respect to the impact of the substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and the input market should be similar: if firms...
Persistent link: https://www.econbiz.de/10009003560
Persistent link: https://www.econbiz.de/10004998677
This paper examines student incentives when faced with a college admissions policy which pursues student body diversity. The effect of a diversify-conscious admissions policy critically depends on the design of the policy. If the admissions policy fails to incentivize students from a...
Persistent link: https://www.econbiz.de/10009652086
We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups compete for a monetary prize, submitting independent bids to an auctioneer. The auctioneer receives perfect information about the bids (i.e. there is no statistical discrimination),...
Persistent link: https://www.econbiz.de/10009386636
Recent experimental results indicate that women do not like competitive environments as much as men do. Another literature is interested in the effect of social identity on economic behaviors. This paper investigates in the lab the impact of social identity on men and women's willingness to...
Persistent link: https://www.econbiz.de/10009397132
as men. This article presents an experimental design giving participants the opportunity to enter a tournament as part of … a team rather than alone. While a large and significant gender gap in entry in the individual tournament is found in … line with the literature, no gender gap is found in entry in the team tournament. Women do not enter the tournament …
Persistent link: https://www.econbiz.de/10009397136
enter a tournament instead of a piece-rate payment scheme, the average effort is higher and the between-subject variance is …
Persistent link: https://www.econbiz.de/10009401083
-2009, we study this peculiar tournament and show the existence of risk-shifting behaviour by reserve managers related to their … managers, located in the Eurosystem�s national central banks. Employing new data on individual portfolios during 2002 … managers. In the dollar case the adjustment to ranking is reduced or offset if reserve managers have achieved a positive …
Persistent link: https://www.econbiz.de/10009645793
the production period, and continuously updated feedback. We use two pay schemes, a piece rate and a tournament. We find …
Persistent link: https://www.econbiz.de/10009647581
abilities. This, in turn, has adverse consequences for who might want to participate in a tournament. Since better contestants … anticipate that they will be sabotaged more strongly, it may happen that the most able stay out and the tournament selects one of …
Persistent link: https://www.econbiz.de/10009367902