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to produce willingness-to-pay (WTP) vs. willingness-to-accept (WTA) gaps in a valuation experiment in which subjects are …
Persistent link: https://www.econbiz.de/10010430731
This paper investigates whether altruistic punishment when cooperation norms are violated is sensitive to gender effects. Our framework is a one-shot social dilemma game with third-party punishment in which subjects are informed of the others' gender within their group. This allows us to test...
Persistent link: https://www.econbiz.de/10012010204
Persistent link: https://www.econbiz.de/10012300898
'Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the...
Persistent link: https://www.econbiz.de/10011851634
In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold …
Persistent link: https://www.econbiz.de/10013388772
experiment in South Africa shows that significant order effects exist which, if uncorrected, would lead to distorted conclusions …
Persistent link: https://www.econbiz.de/10013388789
This paper develops a partial-identification methodology for analyzing self-selection into alternative compensation schemes in a laboratory environment. We formulate a model of self-selection in which individuals select the compensation scheme with the largest expected valuation, which depends...
Persistent link: https://www.econbiz.de/10014447251
Evidence from an experiment investigating the "house money effect" in the context of a public goods game is … is potentially important in the external validity debate. -- Public Good Experiment ; Hurdle Model ; double hurdle model …
Persistent link: https://www.econbiz.de/10009569530
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we …
Persistent link: https://www.econbiz.de/10011299882
This paper presents a laboratory experiment to measure the effect of group membership on individual behavior in …
Persistent link: https://www.econbiz.de/10009579273