Showing 1 - 10 of 59
Decision-makers are sometimes influenced by the way in which choice situations are presented to them or "framed." This can be seen as an important challenge to the social sciences, since strong and pervasive framing effects would make it difficult to study human behavior in a synthetic or...
Persistent link: https://www.econbiz.de/10010547112
This paper investigates experimentally how organisational decision processes affect the moral motivations of actors inside a firm that must forego profits to reduce harming a third party. In a "vertical" treatment, one insider unilaterally sets the harm-reduction strategy; the other can only...
Persistent link: https://www.econbiz.de/10010547180
Through an experiment, we investigate how the level of rationality relates to concerns for equality and efficiency …
Persistent link: https://www.econbiz.de/10010547342
's predictions with an experiment. We administer different treatments that vary beliefs over payoffs and opponents, as well as … beliefs over opponents' beliefs. The results of this experiment, which are not accounted for by current models of reasoning in …
Persistent link: https://www.econbiz.de/10010851323
experiment to study the conjecture that an environment with stronger punishment possibilities leads to higher material but lower …
Persistent link: https://www.econbiz.de/10010851350
We study the effectiveness of leaders for inducing coordinated organizational change to a more efficient equilibrium, i.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of randomly selected and elected leaders. While all...
Persistent link: https://www.econbiz.de/10010851357
bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …
Persistent link: https://www.econbiz.de/10010851451
Minority reserves are an affirmative action policy proposed by Hafalir et al. (2013) in the context of school choice. We study in the laboratory the effect of minority reserves on the outcomes of two prominent matching mechanisms, the Gale-Shapley and the Top Trading Cycles mechanisms. Our first...
Persistent link: https://www.econbiz.de/10010950612
We conduct a laboratory experiment to study how, after a history of decay, cooperation in a repeated voluntary …
Persistent link: https://www.econbiz.de/10011261233
We use experiments to study the efficiency effects for a market as a whole of adding the possibility of forward contracting to a pre-existing spot market. We deal separately with the cases where spot market competition is in quantities and where it is in supply functions. In both cases we...
Persistent link: https://www.econbiz.de/10010547195