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The fog of fraud – mitigating fraud by strategic ambiguity

Lang, Matthias; Wambach, Achim - Max-Planck-Institut zur Erforschung von … - 2010

Most insurance companies publish few data on the occurrence and detection of insurance fraud. This stands in contrast … uncertainty about fraud detection can be an effective strategy to deter ambiguity-averse agents from reporting false insurance … committing to a fraud detection strategy eliminates the ambiguity. Thus strategic ambiguity can be an equilibrium outcome in the …

Persistent link: https://www.econbiz.de/10008614919

Withering academia?

Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2010

, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …

Persistent link: https://www.econbiz.de/10008672224

Corporate Governance for Crooks? The Case for Corporate Virtue

Osterloh, Margit; Frey, Bruno S. - Institut für Volkswirtschaftslehre, …

Corporate scandals are reflected in excessive top management compensation and fraudulent accounts. These scandals cause an enormous amount of damage, not only to the companies affected, but also to the market economy as a whole. As a solution, conventional wisdom suggests more monitoring and...

Persistent link: https://www.econbiz.de/10005760916

Job mission as a substitute for monetary incentives: experimental evidence

Cassar, Lea - Institut für Volkswirtschaftslehre, … - 2014

laboratory experiment in which the choice of the job charac- teristics (i.e., the mission) is part of the compensation package …

Persistent link: https://www.econbiz.de/10010941146

Pivotality and responsibility attribution in sequential voting

Bartling, Björn; Fischbacher, Urs; Schudy, Simeon - Institut für Volkswirtschaftslehre, … - 2014

This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...

Persistent link: https://www.econbiz.de/10011272198

Bad boys: how criminal identity salience affects rule violation

Cohn, Alain; Maréchal, Michel André; Noll, Thomas - Institut für Volkswirtschaftslehre, … - 2013

We conducted an experiment with 182 inmates from a maximum security prison to analyze the impact of criminal identity …. This effect is specific to individuals who have a criminal identity, because an additional placebo experiment shows that …

Persistent link: https://www.econbiz.de/10011277310

The Coevolution of Behavior and Normative Expectations. Customary Law in the Lab

Engel, Christoph; Kurschilgen, Michael - Max-Planck-Institut zur Erforschung von … - 2011

Customary law has been criticized from very different angles. Rational choice theorists claim that what looks like custom is nothing but self-interest. Positivists doubt that anything beyond consent assumes the force of law. In this paper, we adopt an experimental approach to test these claims....

Persistent link: https://www.econbiz.de/10010535930

Effects of exclusion on social preferences

Fischer, Sven; Güth, Werner - Max-Planck-Institut zur Erforschung von … - 2011

In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...

Persistent link: https://www.econbiz.de/10010541288

Pre-Play communication with forgone costly messages: experimental evidence on forward induction

Blume, Andreas; Weber, Roberto A.; Kriss, Peter H. - Institut für Volkswirtschaftslehre, … - 2011

-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …

Persistent link: https://www.econbiz.de/10009358877

How do informal agreements and renegotiation shape contractual reference points?

Fehr, Ernst; Hart, Oliver; Zehnder, Christian - Institut für Volkswirtschaftslehre, … - 2011

Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)’s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and ex post...

Persistent link: https://www.econbiz.de/10009358972