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choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when … some recipients are exposed to uncertainty. Although, under certainty almost all uninvolved participants distribute … resources equally, they exhibit remarkable heterogeneity in just allocations under uncertainty. Moreover, uninvolved …
Persistent link: https://www.econbiz.de/10010877816
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10009278128
under full information. However, the scope of redistribution is less sensitive towards the degree of uncertainty than … predicted. For all degrees of uncertainty, we find a coexistence of libertarianism and redistribution as well as incomplete …
Persistent link: https://www.econbiz.de/10010877661
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people will be able to coordinate on efficient outcomes, provided they have sufficient...
Persistent link: https://www.econbiz.de/10009395307
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010812497
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can …
Persistent link: https://www.econbiz.de/10010781540
In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self-control is considered a fundamental cause of crime. Relating the arguments from both disciplines, this paper studies the relationship between self-control and both risk and...
Persistent link: https://www.econbiz.de/10010761529
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …
Persistent link: https://www.econbiz.de/10011122679
We study experimentally the protection of property in five widely distinct countries— Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10010595381
tend to have smaller incentives to engage in effort, the reverse does not hold true. Using a lab experiment, we show that …
Persistent link: https://www.econbiz.de/10010547897