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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 decision makers vote about the allocation of money between themselves and … recipients without voting rights. We measure responsibility attributions for voting decisions by eliciting the monetary …
Persistent link: https://www.econbiz.de/10010243444
; Threshold public goods ; Coordination ; Cheap talk Communication ; Content analysis ; Experiments …
Persistent link: https://www.econbiz.de/10009740925
Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to become very large. We recreate, in a laboratory setting, some of the specific institutional features investors in the South Sea Company faced in 1720. Several factors have been...
Persistent link: https://www.econbiz.de/10010359796
Efficiently growing a group or firm often requires integration of individuals from lower-performing entities. We explore the effectiveness of two policies intended to facilitate such integration, using a laboratory experiment that models production as a coordination game with Pareto-ranked...
Persistent link: https://www.econbiz.de/10010402616
The assumption that payoff-relevant information is observable but not verifiable is important for many core results in contract, organizational and institutional economics. However, subgame-perfect implementation (SPI) mechanisms - which are based on off- equilibrium arbitration clauses that...
Persistent link: https://www.econbiz.de/10010402672
In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo's subgame perfect implementation mechanism induces truth-telling in practice, both in a setting with perfect information and in a setting where buyers and sellers face a small amount of uncertainty...
Persistent link: https://www.econbiz.de/10010502711
We use surveys, laboratory experiments and administrative labor-market data to study how heterogeneity in the perceived …
Persistent link: https://www.econbiz.de/10012243060
We use laboratory experiments to test for one of the foundations of the rational voter paradigm - that voters respond … insights. First, voting propensity increases systematically with subjects' predictions of their preferred alternative … Voting …
Persistent link: https://www.econbiz.de/10009740932
-climate beliefs, behaviors, policy preferences, and novel data on voting for green parties - a particularly consequential outcome to …, and green voting, with voting gains equivalent to a substantial 35% increase …
Persistent link: https://www.econbiz.de/10014247920
This paper analyzes the impact of corporate social responsibility (CSR) on the total provision of public goods in a framework in which consumers who may make such voluntary contributions to public goods via CSR are also voters who decide on the level of taxes to finance publicly provided public...
Persistent link: https://www.econbiz.de/10014337865