Showing 1 - 10 of 55
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10005123667
strength. We then present three experiments that study main predictions and implications of the model. The first is a simple … principal-agent experiment that shows that consistency is valued by others and that this value is anticipated. The second … experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …
Persistent link: https://www.econbiz.de/10009293989
We run an experiment in which students of different European nationalities are matched in groups of five and repeatedly …, nationality and number of siblings. The region of origin, "North" or "South" is a major determinant of success in the experiment …
Persistent link: https://www.econbiz.de/10008468504
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy and sell their votes with each other. We define the concept of Ex Ante Vote-Trading Equilibrium, identify weak sufficient conditions for existence, and construct one such...
Persistent link: https://www.econbiz.de/10008534095
This Paper discovers significant differences between southern and northern Europeans in a dynamic version of the ‘trust game’ played by Ph.D. students from different nationalities at the European University Institute. Our version of the trust game allows subjects to choose the receivers to...
Persistent link: https://www.econbiz.de/10005067472
This paper is a practical guide (a toolkit) for researchers, students and practitioners wishing to introduce randomization as part of a research design in the field. It first covers the rationale for the use of randomization, as a solution to selection bias and a partial solution to publication...
Persistent link: https://www.econbiz.de/10005504356
confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the minority versus the …
Persistent link: https://www.econbiz.de/10005656276
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. The latter is an indicator of stress-related impaired cardiac autonomic …
Persistent link: https://www.econbiz.de/10009144731
This Paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can …
Persistent link: https://www.econbiz.de/10005114195
The rational-voter model is often criticized on the grounds that two of its central predictions (the paradox of voting and Duverger's law) are at odds with reality. Recent theoretical advances suggest that these empirically unsound predictions might be an artifact of an assumption in those...
Persistent link: https://www.econbiz.de/10011196037