Similar Search Results

"Forward induction and the excess capacity puzzle: An experimental investigation"

Brandts, Jordi; Cabrales, Antonio; Charness, Gary - Departament d'Economia i Història Econòmica, … - 2003

While the theoretical industrial organization literature has long argued that excess capacity can be used to deter entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and Ramey (1996) propose a game with a specific sequence of moves...

Persistent link: https://www.econbiz.de/10005582630

Leadership and Overcoming Coordination Failure with Asymmetric Costs

Brandts, Jordi; Cooper, David J.; Fatas, Enrique - Departament d'Economia i Història Econòmica, … - 2006

We study how the heterogeneity of agents affects the extent to which changes in financial incentives can pull a group out of a situation of coordination failure. We focus on the connections between cost asymmetries and leadership. Experimental subjects interact in groups of four in a series of...

Persistent link: https://www.econbiz.de/10005572147

On the equivalence between progressive taxation and inequality reduction

JU, Biung-Ghi; MORENO-TERNERO, Juan D. - Center for Operations Research and Econometrics (CORE), … - 2007

We establish the precise connections between progressive taxation and inequality reduction, in a setting where the level of tax revenue to be raised is endogenously fixed and tax schemes are balanced. We show that, in contrast with the traditional literature on taxation, the equivalence between...

Persistent link: https://www.econbiz.de/10005043071

Progressivity, inequality reduction and merging-proofness in taxation

JU, Biung-Ghi; MORENO-TERNERO, Juan D. - Center for Operations Research and Econometrics (CORE), … - 2006

Progressivity, inequality reduction and merging-proofness are three wellknown axioms in taxation. We investigate implications of each of the three axioms through characterizations of several families of taxation rules and their logical relations. We also study the preservation of these axioms...

Persistent link: https://www.econbiz.de/10005043628

Compensating the dead? Yes we can!

FLEURBAEY, Marc; LEROUX, Marie - Louise; PONTHIERE, Gregory - Center for Operations Research and Econometrics (CORE), … - 2010

An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...

Persistent link: https://www.econbiz.de/10008836160

Let's talk: How communication affects contract design

Brandts, Jordi; Charness, Gary; Ellman, Matthew - Departament d'Economia i Història Econòmica, … - 2012

We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...

Persistent link: https://www.econbiz.de/10010554806

Competitive Preferences and Status as an Incentive: Experimental Evidence

Charness, Gary; Masclet, David; Villeval, Marie-Claire - Centre Interuniversitaire de Recherche en Analyse des … - 2011

In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their relative position in...

Persistent link: https://www.econbiz.de/10008833344

Fair Procedures. Evidence from Games Involving Lotteries

Bolton, Gary E.; Brandts, Jordi; Ockenfels, Axel - Departament d'Economia i Història Econòmica, … - 2000

Procedural fairness plays a prominent role in the social discourse concerning the marketplace in particular, and social … characteristic of allocation fairness, is important to procedural fairness: in the context of a random offer game, a biased outcome … is more readily accepted when chosen by an unbiased random draw than by one that is biased. Procedural fairness is …

Persistent link: https://www.econbiz.de/10005572242

Organisational structure, communication and group ethics

Ellman, Matthew; Pezanis-Christou, Paul - Departament d'Economia i Història Econòmica, … - 2007

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/10005168458

How Universal is Behavior? A Four Country Comparison of Spite, Cooperation and Errors in Voluntary Contribution Mechanisms

Brandts, Jordi; Saijo, Tatsuyoshi; Schram, Arthur - Departament d'Economia i Història Econòmica, … - 2002

This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...

Persistent link: https://www.econbiz.de/10005168485

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