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A Comparison of Endogenous and Exogenous Timing in a Social Learning Experiment
Meub, Lukas - 2013
This paper experimentally investigates social learning in a two-agent prediction game with both exogenous and …. We find that more efficient observational learning leads to more accurate predictions in the endogenous treatments and … strength. Simultaneous decisions in endogenous ordering avoid observational learning and compensate the higher degree of …
Persistent link: https://www.econbiz.de/10013077364
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A comparison of endogenous and exogenous timing in a social learning experiment
Meub, Lukas; Proeger, Till; Hüning, Hendrik - 2013
This paper experimentally investigates social learning in a two-agent prediction game with both exogenous and …. We find that more efficient observational learning leads to more accurate predictions in the endogenous treatments and … strength. Simultaneous decisions in endogenous ordering avoid observational learning and compensate the higher degree of …
Persistent link: https://www.econbiz.de/10009779323
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Optimal public information dissemination : introducing observational learning into a generalized beauty contest
Hüning, Hendrik; Meub, Lukas - 2015
information is subject to multiplier effects inherent to social learning. We build upon the static case, where all agents receive … dissemination of public information is thus considerably lower than the static case suggests. If the social learning signal is …
Persistent link: https://www.econbiz.de/10011373562
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Optimal public information dissemination : introducing observational learning into a generalized beauty contest
Hüning, Hendrik; Meub, Lukas - 2015
information is subject to multipliereffects inherent to social learning. We build upon the static case, where all agents receive a … dissemination of public information is thus considerably lower than the static case suggests. If the social learning signal is …
Persistent link: https://www.econbiz.de/10011349468
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Consumer information in a market for expert services: Experimental evidence
Schneider, Tim; Meub, Lukas; Bizer, Kilian - 2016
Markets for expert services are characterized by information asymmetries between experts and consumers. We analyze the effects of consumer information, where consumers suffer from either a minor or serious problem and only experts can infer the appropriate treatment. Consumer information is a...
Persistent link: https://www.econbiz.de/10011497142
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Intellectual property rights hinder sequential innovation: Experimental evidence
Brüggemann, Julia; Crosetto, Paolo; Meub, Lukas; … - 2015
In this paper we contribute to the discussion on whether intellectual property rights foster or hinder innovation by means of a laboratory experiment. We introduce a novel Scrabble-like creativity task that captures most essentialities of a sequential innovation process. We use this task to...
Persistent link: https://www.econbiz.de/10010460687
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The victim matters: Experimental evidence on lying, moral costs and moral cleansing
Meub, Lukas; Proeger, Till; Schneider, Tim; Bizer, Kilian - 2015
In an experiment on moral cleansing with an endogenously manipulated moral self-image, we examine the relevance of the addressee of an immoral action. The treatments differ such that cheating on a die roll reduces either the experimenter´s or another subject´s payoff. We find that cheating is...
Persistent link: https://www.econbiz.de/10010487922
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Experimental evidence on the effects of innovation contests
Brueggemann, Julia; Meub, Lukas - 2015
Economic research on innovation has long discussed which policy instruments best foster innovativeness in individuals and organizations. One of the instruments easily accessible to policy-makers is innovation contests; however, there is ambiguous empirical evidence concerning how such contests...
Persistent link: https://www.econbiz.de/10011282662
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Are groups 'less behavioral'? The case of anchoring
Meub, Lukas; Proeger, Till - 2016
Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
Persistent link: https://www.econbiz.de/10011527050
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Experimental evidence on the effects of innovation contests
Brueggemann, Julia; Meub, Lukas - 2015
Economic research on innovation has long discussed which policy instruments best foster innovativeness in individuals and organizations. One of the instruments easily accessible to policy-makers is innovation contests; however, there is ambiguous empirical evidence concerning how such contests...
Persistent link: https://www.econbiz.de/10011285459