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Efficiency under contractual incompleteness often requires voluntary cooperation in situations where self-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the gift-exchange game of how explicit and implicit...
Persistent link: https://www.econbiz.de/10009148906
Efficiency under contractual incompleteness often requires voluntary cooperation in situations where self-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the gift-exchange game of how explicit and implicit...
Persistent link: https://www.econbiz.de/10010545657
The paper reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice … affective influences on risk-taking. Our experimental design, which provides between-subjects tests of separability using three … evidence of violation of separability. …
Persistent link: https://www.econbiz.de/10010552255
The paper reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice …, which provides between-subjects tests of separability using three treatments in which the history preceding a decision is … manipulated, is inspired by these concerns. We expose separability to a clean and harsh test, but find no evidence that it is …
Persistent link: https://www.econbiz.de/10010781893
The paper reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice …, which provides between-subjects tests of separability using three treatments in which the history preceding a decision is … manipulated, is inspired by these concerns. We expose separability to a clean and harsh test, but find no evidence that it is …
Persistent link: https://www.econbiz.de/10008592423
The paper reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice … affective influences on risk-taking. Our experimental design, which provides between-subjects tests of separability using three … evidence of violation of separability. …
Persistent link: https://www.econbiz.de/10005453727