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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

Do Wealth Differences Affect Fairness Considerations?

Armantier, Olivier - Centre Interuniversitaire de Recherche en Analyse des … - 2006

The influence of relative wealth on fairness considerations is analyzed in an ultimatum game experiment in which … participants receive large and widely unequal initial endowments. Subjects initially demonstrate a concern for fairness. With time … however, behavior becomes at odds with both subgame perfection and fairness. Evidence of learning is detected for both …

Persistent link: https://www.econbiz.de/10005100867

Overbidding in Independant Private-Values Auctions and Misperception of Probabilities

Armantier, Olivier; Treich, Nicolas - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We conduct an experiment to test whether probability misperception may be a possible alternative to risk aversion to …

Persistent link: https://www.econbiz.de/10005100674

Iterated Strict Dominance in General Games

Chen, Yi-Chun; Long, Ngo Van; Luo, Xiao - Centre Interuniversitaire de Recherche en Analyse des … - 2007

We offer a definition of iterated elimination of strictly dominated strategies (IESDS) for games with (in)finite players, (non)compact strategy sets, and (dis)continuous payoff functions. IESDS is always a well-defined order independent procedure that can be used to solve Nash equilibrium in...

Persistent link: https://www.econbiz.de/10005100699

Private Valuation of a Public Good in Three Auction Mechanisms / Evaluation privée d'un bien public dans trois mécanismes d'enchères

Dragicevic, Arnaud; Ettinger, David - Centre Interuniversitaire de Recherche en Analyse des … - 2010

We evaluate the impact of three auction mechanisms the BeckerDeGrootMarschak (BDM) mechanism, the second-price auction, and the random nth-price auction in the measurement of private willingness-to-pay and willingness-to-accept for a pure public good. Our results show that the endowment effect...

Persistent link: https://www.econbiz.de/10008543323

Willingness to Pay to Reduce Future Risk

Engle-Warnick, Jim; Héroux, Julie; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2009

We elicit subjects' willingness to pay to reduce future risk. In our experiments, subjects are given a cash endowment and a risky lottery. They report their willingness to pay to exchange the risky lottery for a safe one. Subjects play the lottery either immediately, eight weeks later, or...

Persistent link: https://www.econbiz.de/10004988529

Learning-by-Doing in an Ambiguous Environment

Engle-Warnick, Jim; Laszlo, Sonia - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We experimentally test whether risk aversion or ambiguity aversion can explain decisions in a learning-by-doing game …

Persistent link: https://www.econbiz.de/10005100515

Training Without Certification: An Experimental Study

Marchand, Nadège; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2008

Our study considers the question of training in firms using an experimental laboratory approach. We investigate the following questions : What conditions, excluding external certification, will bring workers and employers to cooperate and share a rent generated by the workers' training? What...

Persistent link: https://www.econbiz.de/10005100535

Can Corruption Be Studied in the Lab? Comparing a Field and a Lab Experiment

Armantier, Olivier; Boly, Amadou - Centre Interuniversitaire de Recherche en Analyse des … - 2008

This paper makes an attempt at testing the external validity of corruption experiments by moving from the lab in a developed country, to where it matters the most, the field in a developing country. In our experiment a candidate proposes a bribe to a grader in order to obtain a better grade. We...

Persistent link: https://www.econbiz.de/10005100538

Aspiration Levels and Educational Choices<br>An experimental study

Page, Lionel; Lévy-Garboua, Louis; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2006

reference points in a Prospect Theory framework. In order to test this explanation, this article applies the method of … pay a cost to continue further in order to possibly receive higher rewards. To test the impact of aspiration levels …

Persistent link: https://www.econbiz.de/10005100555