Showing 1 - 10 of 84
democracies. The incumbent can prevent credible challengers from running, organize vote fraud, or even physically eliminate the …
Persistent link: https://www.econbiz.de/10011084133
yielding equilibria exhibiting various degrees of inefficiencies and fraud. The variety of results has fostered the impression …
Persistent link: https://www.econbiz.de/10005791194
We examine firm managers' incentives to commit fraud in a model where firms seek funding from investors and investors … can monitor firms at a cost in order to get more precise information about firm prospects. We show that fraud incentives … funded without committing fraud, whereas in bad times investors are more vigilant and it is harder to commit fraud …
Persistent link: https://www.econbiz.de/10005134707
This Paper studies the consequences of price discrimination in a market for experts’ services. In the case of experts markets, where the expert observes the intervention that a consumer needs to fix his problem and also provides a treatment, price discrimination proceeds along the dimension of...
Persistent link: https://www.econbiz.de/10005504480
Frauds can be explained not only in terms of individual willingness to cheat, but may also be driven by opportunities to behave dishonestly. The audit policy should therefore be different for different categories of agents. This paper focuses on the optimal audit policy when there are two...
Persistent link: https://www.econbiz.de/10005412503
Extending the die rolling experiment of Fischbacher and Föllmi-Heusi (2013), we compare gender effects with respect to …
Persistent link: https://www.econbiz.de/10011145435
Some researchers have argued that anchoring in economic valuations casts doubt on the assumption of consistent and stable preferences. We present new evidence that questions the robustness of certain anchoring results. We then present a theoretical framework that provides insights into why we...
Persistent link: https://www.econbiz.de/10011154551
We report an experiment examining risk taking and information aggregation in groups. Group members come to the table …
Persistent link: https://www.econbiz.de/10011154553
We test the hypothesis that "genuine" or "convincing" smiling is a costly signal that has evolved to induce cooperation in situations requiring mutual trust. Potential trustees in a trust game made video clips for viewing by potential trusters before the latter decided whether to send them...
Persistent link: https://www.econbiz.de/10009002386
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/10008677997