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We use an experiment to compare two institutions for allocating the proceeds of team production. Under revenue … implement her own allocation. Both arrangements are vulnerable to opportunistic incentives: under revenue-sharing team members …
Persistent link: https://www.econbiz.de/10010672340
We use an experiment to compare two institutions for allocating the proceeds of team production. Under revenue … implement her own allocation. Both arrangements are vulnerable to opportunistic incentives: under revenue-sharing team members …
Persistent link: https://www.econbiz.de/10005453707
experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. We find … also show, by conducting an experiment to measure social norms, that it is consistent with social norm compliance. We …
Persistent link: https://www.econbiz.de/10008788676
experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. We find … also show, by conducting an experiment to measure social norms, that it is consistent with social norm compliance. We …
Persistent link: https://www.econbiz.de/10010545646
experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. In our … preferences (Fehr-Schmidt, 1999). As we show from a norms-elicitation experiment, it is also consistent with social norms …
Persistent link: https://www.econbiz.de/10010601963
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10008764524
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10010545650
We review experimental evidence collected from risky choice experiments using poor subjects in Ethiopia, India and Uganda. Using these data we estimate that just over 50% of our sample behaves in accordance with expected utility theory and that the rest subjectively weight probability according...
Persistent link: https://www.econbiz.de/10010552225
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10010552227
. This paper reports new evidence from a natural field experiment using a subject pool one may consider as particularly …
Persistent link: https://www.econbiz.de/10010552257