Showing 1 - 10 of 29
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …
Persistent link: https://www.econbiz.de/10010818526
We compare the behaviour of students and professional traders from an influential German bank in an experiment …
Persistent link: https://www.econbiz.de/10005150916
encourage shirking. In contrast, ownpayoff effects suggest that both fines and bonuses discourage shirking. In an experiment we …
Persistent link: https://www.econbiz.de/10010545647
is predicted to emerge in their "action commitment" extended game. We then report a laboratory experiment designed to …
Persistent link: https://www.econbiz.de/10010552263
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10010552269
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two …
Persistent link: https://www.econbiz.de/10010552271
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two …
Persistent link: https://www.econbiz.de/10010552276
Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …
Persistent link: https://www.econbiz.de/10010729196
This paper reports a new and significant experimental demonstration that market participants adjust their bids towards the price observed in previous market periods when – by design – individuals’ values should not be affiliated with the market price. This demonstration implies that market...
Persistent link: https://www.econbiz.de/10010672333
report a laboratory experiment based on these extended games. We find that behavior is similar in the two extended games …
Persistent link: https://www.econbiz.de/10010672348