Showing 1 - 10 of 24
This paper is empirical study, using new experimental data, of repeated game strategies in trust games; its goal is to identify strategies that people use in repeated games. We develop a strategy inference method that maps observed actions to a set of best fitting unobserved repeated game...
Persistent link: https://www.econbiz.de/10010605001
We experimentally investigate the extent to which social obervability of one's actions and the possibility of social non-monetary judgment affect the decision to engage in rule breaking behavior.  We consider three rule bfeaking scenarios - theft, bribery and embezzlement - in the absence of...
Persistent link: https://www.econbiz.de/10011004296
Ultimatum games have been extensively used in experimental studies. By studying the consequences that restrictions shared by ultimatum games have in subject`s behaviour, this paper argues that some results are falsified by design constraints. This paper also presets a taxonomy of certification,...
Persistent link: https://www.econbiz.de/10010604902
Through an experiment this study investigates the effects that verification has on honest traders. This paper demonstrates that by reducing the scope for trust verification can have a negative effect on the behaviour of honest individuals. Specifically, the analysis shows that trustworthy agents...
Persistent link: https://www.econbiz.de/10010605085
In this note, we present a novel computerized real effort task based on moving sliders across a screen which overcomes many of the drawbacks of existing real effort tasks.  The task was first developed and used by us in Gill and Prowse (2009).  We outline the design of our "slider task",...
Persistent link: https://www.econbiz.de/10004991311
In the workhorse  model of welfare economics, the elasticity of marginal utility, often denoted as η, serves simultaneously to represent aversion to risk, aversion to spatial inequality, and preferences for intertemporal substitution.  While Kreps-Porteus-Selden and Epstein-Zin preferences...
Persistent link: https://www.econbiz.de/10005047845
simulation strategy for computing sandwich covariance matrices which can be used for asymptotic likelihood based inference …
Persistent link: https://www.econbiz.de/10011004407
A multinomial choice framework is used to investigate the nature of women`s transitions between full-time employment, part-time employment and non-employment. The stochastic framework allows time varying and time invariant unobserved preferences, and also controls for the possible endogenity of...
Persistent link: https://www.econbiz.de/10010604916
This paper investigates the causes of well documented association between part-time employment and low occupational attainment amongst British women. In particular, the relative importance of structural factors and unobserved heterogeneity to the occupational attainment of women who choose to...
Persistent link: https://www.econbiz.de/10010605015
and simulation smoothing. Ready-to-use functions are provided for standard tasks such as likelihood evaluation …
Persistent link: https://www.econbiz.de/10010605168