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Goodwill Can Hurt: a Theoretical and Experimental Investigation of Return Policies in Auctions
Cadsby, C. Bram; Du, Ninghua; Wang, Ruqu; Zhang, Jun - Department of Economics and Finance, College of … - 2015
consumer surplus through higher bids. In the experiment, bids increase and bidders? earnings decrease with more generous return …
Persistent link: https://www.econbiz.de/10011261886
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Honesty and Informal Agreements
Dufwenberg, Martin; Servátka, Maroš; Vadovic, Radovan - Department of Economics and Finance, College of … - 2015
experiment, a temptations-constrained version of deal-me-out emerges as the clear winner. …
Persistent link: https://www.econbiz.de/10011199691
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Comment on "Promises and Partnership"
Deck, Cary; Servátka, Maroš; Tucker, Steven - Department of Economics and Finance, College of … - 2011
their experiment is driven by guilt aversion. By modifying the procedures to include a double blind social distance protocol …
Persistent link: https://www.econbiz.de/10008914311
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Do People Keep Socially Unverifiable Promises?
Deck, Cary; Servátka, Maroš; Tucker, Steven - Department of Economics and Finance, College of … - 2011
experiments. This has been taken as evidence for internal motivations such as guilt aversion or preference for promise keeping … increases the overall level of cooperation in our double blind experiment. However, our results are due in part to the high …
Persistent link: https://www.econbiz.de/10009371391
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Symbols, Group Identity and the Hold-up Problem
Morita, Hodaka; Servátka, Maroš - Department of Economics and Finance, College of … - 2011
members. We use a laboratory experiment to study the role of group identity, created by the use of symbols, in mitigating the …
Persistent link: https://www.econbiz.de/10009371392
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Group Size, Coordination, and the Effectiveness of the Punishment Mechanism in the VCM: An Experimental Investigation
Xu, Bin; Cadsby, Bram; Fan, Liangcong; Song, Fei - Department of Economics and Finance, College of … - 2011
In this study, we examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the MPCR is held constant despite the coordination problems...
Persistent link: https://www.econbiz.de/10009351412
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How Competitive are Female Professionals? A Tale of Identity Conflict
Cadsby, C. Bram; Servatka, Maros; Song, Fei - Department of Economics and Finance, College of … - 2011
psychological priming, may influence preference for competition. We focus on female professionals for whom these identities may … affected preference for competitive pay. This relationship was partially mediated by beliefs about oneÕs performance ranking …
Persistent link: https://www.econbiz.de/10009275558
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Investment in Outside Options as Opportunistic Behavior: An Experimental Investigation
Morita, Hodaka; Servátka, Maroš - Department of Economics and Finance, College of … - 2014
option to improve his bargaining position. The seller’s investment, however, might negatively affect the buyer’s other … between other-regarding behavior and opportunism. In our experiment the seller can become worse off by investing, suggesting …
Persistent link: https://www.econbiz.de/10011120419
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Does Group Identity Prevent Inefficient Investment in Outside Options? An Experimental Investigation
Morita, Hodaka; Servátka, Maroš - Department of Economics and Finance, College of … - 2014
We study whether group identity helps mitigate inefficiencies associated with appropriable quasi-rents, which are often created by relationship-specific investments in bilateral trade relationships. Based on previous findings that group identity strengthens other-regarding preferences, we...
Persistent link: https://www.econbiz.de/10011120420
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The House Money Effect and Negative Reciprocity
Danková, Katarína; Servátka, Maroš - Department of Economics and Finance, College of … - 2014
money versus using windfall, suggesting that their main motivation is the violation of property rights established by …
Persistent link: https://www.econbiz.de/10011127992