Showing 1 - 10 of 27
There is little consensus on whether women are more generous than men, since some research results indicate a higher propensity to giving of female dictators, whilst some others indicate the opposite. Two explanations have been put forward. According to the first one, women are more generous...
Persistent link: https://www.econbiz.de/10011170408
In this paper we compare - in the laboratory - stoppage and virtual strike. Our experiment confirms that higher wages offered by an employer lead to considerably more costly effort provision. The number of strikes, the level of efforts and average total payoffs are higher under virtual strike...
Persistent link: https://www.econbiz.de/10005017523
This paper reviews experiments in macroeconomics, pointing out the theoretical justifications, the strengths and weaknesses of this approach. We identify two broad classes of experiments: general equilibrium and partial equilibrium experiments, and emphasize the idea of theory testing that is...
Persistent link: https://www.econbiz.de/10005572322
We analyze first-order beliefs in a variation of the Public Good Game. We show that (1) the role that belief elicitation plays in the experiment affects both the contribution behavior and beliefs, and (2) framing influences stated beliefs, as much as contribution behavior. In the second part of...
Persistent link: https://www.econbiz.de/10005572324
This paper studies imitation in price and quantity markets. We analyse the results of two experiments designed with different information settings. The analysis shows that information is used differently and has diverse effects according to the market under investigation.
Persistent link: https://www.econbiz.de/10005766546
There are mainly two conjectures on why economists may behave differently than others in distributive situations: the selection hypothesis and the learning hypothesis. In this paper the “Are economists different?” question is addressed. Potential differences in three dimensions are studied:...
Persistent link: https://www.econbiz.de/10005766547
This paper experimentally studies peer punishment under three alternative technologies. We find that the choice of peer punishment technology has a substantial impact on group performance. First, under a technology where at least two subjects in the group must agree before another group member...
Persistent link: https://www.econbiz.de/10005766548
This paper investigates the validity of the model of dual processing by means of eyetracking methods. In this theoretical framework, gaze direction may be a revealing signal of how automatic detection is modified or sustained by controlled search. We performed an experiment by using a stylized...
Persistent link: https://www.econbiz.de/10005766549
The intention to “invest” in the Trust Game in extensive form revealed by a move could conceal different motivations. Whether the motive hidden beneath the manifest behaviour of the first mover is the desire to invest in a relationship of mutual advantage with the trustee or the desire to be...
Persistent link: https://www.econbiz.de/10005766550
The aim of our experiments is to test the effect of different information settings on firms’ behaviour in duopoly price and quantity games. We find that, when players have full information on their rivals’ choices, the imitation rule prevails and such learning behaviour induces more...
Persistent link: https://www.econbiz.de/10005766555